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.

Frequently asked questions relating to Furness Building Society consent to lease

  • If push comes to shove what action Furness Building Society can take if I have Sublet my flat in the absence of consent to let?

  • I've been provided with a work opportunity overseas and considering whether it's a good idea letting my property out. Will Furness Building Society allow me to change mortgage or grant consent to let? If not I will have to consider if I should accept the job. I wouldn't mind paying more as it is likely that I will come back and live in my home after twenty four months. I'm not doing it to to make money. Just really like my house and want to return to it one day.
  • My house had been let to students for three years between 2010-2013 while working overseas. I have a letter dated May 2010 from my building society granting consent to let. In the letter it explicitly stipulates that the consent to let is valid for "the remaining term of the mortgage". I have not remortgaged since the letter was sent. I now plan to move house and rent out my existing house. However, my IFA has suggested that the 2010 consent to let letter may not satisfy the new lender Furness Building Society for the house I intend to buy.Your view would be appreciated
  • My OH and I have a flat in Enfield which we purchased off-plan approximately twelve years ago. As the family is growing we require a bigger place. We've found a property in Westminster that we would like to buy and want to keep the flat as an investment to rent out. The mortgage is with Furness Building Society and we've found a tenant who will pay rent in excess of the monthly mortgage payment. Our question is, can we keep the repayment mortgage with Furness Building Society so we effectively paying off our loan on the flat or must we to swap to a buy-to-let mortgage?
  • How much of my loan allowance will be made available to borrow if I change my mortgage to a consent to let with Furness Building Society?
  • I want to let out the attic in my house in Haringey. Do I need consent to let from my mortgage provider Furness Building Society?
  • Was wondering how to seek a consent to let from Furness Building Society with whom I have a mortgage with. There is an outstanding balance of 87k. The value of house is 245k. Property is in my name but my wife and I would like to purchase a studio flat in Sutton we have seen together. How do we go about this?
  • Is consent to let required from Furness Building Society if I am planning to reside in the property myself for part of the year? In addition if I obtain consent to let for a period of time, say up to twelve months, what happens thereafter.