Need Help?

Need professional advice for your consent to let with Furness Building Society? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Examples of recent questions relating to Furness Building Society consent to let

  • My question does not specifically concern consent to let, I was wondering if you have an address or telephone number for a dedicated Furness Building Society team who deal with consent to let applications. Furness Building Society has a mortgage over my home.
  • I appreciate the GGT financial repercussions if any of changing a Furness Building Society mortgage to consent to let, but what about the ongoing rental revenue vs outgoings? Say I changed my former owned maisonette into CTL and moved out and pay rent elsewhere. Is there any way to expense the rent I am paying from the rental revenue?
  • I currently have a mortgage with Furness Building Society and the LTV is currently 60% with the Furness Building Society current book value and I'm looking to acquire another property but do not want to sell my current property at the current market value. I have had CTL from another lender on a previous property so know a bit about them and I also have buy to let with Accord on another property. Does the expected rental income on a consent to let with Furness Building Society need to be over and above the mortgage repayments? I have a fixed rate which I tied into a fixed rate and left the term at 19 years so it was paid off as early as possible, obviously this leaves with quite a high monthly repayment.
  • I took a home loan out on a studio flat last December however I will be working outside of commuting distance of Islington in the medium term but hope to find work closer in the long term. Given that I recently acquired the property I will lose money if I sell and do hope to return to Islington so would like to keep it. How difficult is it to get consent to let from Furness Building Society and what will it cost me ?
  • I am looking for consent to let for my property as I am moving out for nine months currently fixed Furness Building Society mortgage with two years which is up in May next year.
  • Does my loan to value need to be at a certain level to allow me to apply for a consent to let from my mortgage lender Furness Building Society. Will it make a difference that I only drew down on the mortgage three months ago?
  • I am looking at taking a job abroad and have been advised that I need to let Furness Building Society know so my mortgage is under consent to let? Please could you clarify the best way deal with this?
  • What are the changes that Furness Building Society force me into a consent to let product while I'm in a fixed rate product for twenty four months?