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 am a FTB hoping to complete on a 2 bedroom house in Loughborough Building Society. I have a healthy deposit and expect a mortgage from Loughborough Building Society. My predicament is that my girlfriend has a flat in Slough and I hope to be moving in next year, at which point I would have to let out my property. I understand that consent to let is required but it does not sound like a positive outcome is assured. Is there any advice you can impart?

  • I acknowledge that I have been extremely stupid in failing to notify Loughborough Building Society that I’m renting my house out. In an ideal world I would like to do the right thing with as little consequence as possible. If Loughborough Building Society says yes, how would you rate the chances of them discovering that I’ve already been renting it without consent?
  • I work for a letting agency in Waltham Forest. If a landlord chooses to lease out their house without consent to let from Loughborough Building Society - what liability do I have, if any? My guess is that the landlord isn't committing a crime, however, they would be breaking their contract with the Loughborough Building Society, as Loughborough Building Society most probably require to be notified of any change in circumstances. If I look the other way could I be storing up trouble?
  • I am currently a Loughborough Building Society mortgage client in need of consent to let on my current property. We would like to purchase in close proximity to where we are based with the Royal Marines,... but we may have to relocate.
  • I'd like to know if on the balance of probabilities Loughborough Building Society will give consent to us letting out our house in Brent
  • I'm about to switch mortgage provider to Loughborough Building Society for a fixed rate but the likelihood is that I would need to rent the property out for about 12 months. Do Loughborough Building Society consent to let on fixed rate home loans and if so, what are the costs.
  • If I have an existing standard mortgage with Loughborough Building Society and am planning to rent it out in the future will I be given consent to let? What is the procedure and what needs to be done next?
  • Just wanted to know how to obtain a consent to let from Loughborough Building Society who I have a mortgage with. There is an outstanding balance of 57k. The value of flat is 220k. Property is in my name but my wife and I would like to purchase a garden flat in Sutton we have seen together. How do we go about this?