Need Help?

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

Loughborough Building Society Consent to Lease Example Support Desk Enquires

  • I'm about to apply to Loughborough Building Society for consent to let out my house in Loughborough Building Society. However the property has been on with agents for 5 weeks but there is no interest and forking out for a full mortgage, council tax and insurance on an empty house is a financial drain. What approach would Loughborough Building Societytake if I market the property?

  • Under what situations will consent to let for a property be granted from Loughborough Building Society? How long do you have to have had ownership of the property before consent to let can be negotiated with Loughborough Building Society? By way of background we are going abroad for 20 months with my husband's business and will need to rent our house. I would be interested in seeking consent to let initially in order to renting the property out to cover the costs of the Loughborough Building Society mortgage.
  • I have a current mortgage contract with Loughborough Building Society and need clarify if it would be possible to receive consent to let out our one bedroom apartment in Enfield.

    The reasons(s) for wishing to find tenants for the property are are due to: -

    • Me and my wife will be moving to India in January.
    • By letting out the house this will facilitate savings to help the migration process.
    • It would be pointless from a fiscal perspective to discharge the mortgage for a property which we are not living and by letting out the property this would be considered as an ongoing investment.

    If Loughborough Building Society granted permission to us for renting we would propose some financial commitments which are as follows: -

    • Maintain paying the monthly mortgage payment directly from my bank account.
    • Retain the services of an accredited letting agent who will provide a rent guarantee scheme as a further financial protection.
    • Provide our contact details for when we move.
  • I have been in the Royal Navy for six years and planning to buy a house with a Loughborough Building Society mortgage. I would like to be given consent to let the house to my mother and father in law. In the future I plan to live in the property with my wife and kids when I leave the Royal Navy. Is this achievable?
  • My husband and I invested in buying a place in London with Loughborough Building Society and am moving to rent a property in Somerset due to work. Is consent to let from Loughborough Building Societypossible? I only want to let out the flat for half a year before selling.
  • If I were to apply for consent to let from Loughborough Building Society how much time does it take to get consent to let after you apply to Loughborough Building Society. ?
  • What information should I include in a letter seeking consent to let my property in Islington? I would like to send a request to my mortgage provider Loughborough Building Society.
  • I am trying to investigate if it is possible to get a consent to let home loan with Loughborough Building Society rather than a buy to let mortgage