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.

Sample questions relating to Furness Building Society consent to let

  • My fixed rate mortgage is approaching renewal with Furness Building Society. The house has been tenanted for a couple of years and I think I should notifyFurness Building Society. My understanding is that I should seek consent to lease, but given that the property has already been let out for a considerable time could they decline - force me to go onto a BTL product or even fine me? There is excellent equity - 30% LTV and have never missed any payments.
  • I acquired a house ten years ago with the help of a housing association, I own half through mortgage and rent the other half. Last year I bought a new property. I rented out my first house and moved to the new property. I got consent to let from my lender and I thought I had consent to let from the housing association. Last week I was contacted by the housing association saying they had nothing on record indicating I had attained permission to sublet. What are my options?
  • After retiring in June I purchased a “retirement home” for my wife and myself to live in. We would like to let our current property to our son and I have consequently contacted Furness Building Society for consent to let. I was just seeking a general view on whether Furness Building Society currently allows it?
  • Me and my partner are about to purchase a house together. Intention is for me to get consent to let my flat from Furness Building Society. Thinking a little down the line however - when my two year fixed period expires - how would it work if I sought to remortgage my flat?
  • I am looking to Furness Building Society to issue me with consent to let out my flat in Westminster. I am moving to Dubai for 5 months on a secondment.
  • My wife and I are applying to switch lender to Furness Building Society for a fixed rate but during this period will need to rent the flat out for about 12 months. Do Furness Building Society consent to let on fixed rate home loans and if so, what are the procedures.
  • Will I need consent to let from Furness Building Society if I am planning to reside in the apartment myself for part of the year? Furthermore if I obtain consent to let for a limited time, say up to 2 years, what happens thereafter.
  • Can you tell me how much the fees are and if Furness Building Society ordinarily give consent to let without switching to a commercial rate?