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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.

Questions and Answers: Loughborough Building Society consent to let

  • I am currently in the process of emigrating to Germany . As opposed to finding a buyer, I would like to rent my existing property out, just in case things turn out badly and I decide to come back in a couple of years. The current mortgage is with Loughborough Building Society. Would I be able to remortgage with another mortgage provider on a much lower interest rate then apply for Consent to Let after the refinancing has completed?
  • What information do Loughborough Building Society expect to have to make a decision on consent to let. I have a five year fix with them. I have always been on time with my monthly payments. I am looking at moving to Southwark owing to surprising growth of family. My financial situation has not changed and in fact my salary has gone up 15% since the mortgage commenced.
  • My brother and I may need to rent out our home for a while due to a career opportunity. As we will be away for no more than twelve months would we need a consent to let our house. We already have a Loughborough Building Society mortgage. Is there any criteria for consent to let that the property or individual has to meet?
  • me and my wife have just sorted our rates for another fixed period with Loughborough Building Society. Subsequently, I attended an interview and basically I accepted the job offer in Bexley. I'm going to rent a two bedroom flat for me and my family in Harrow as we don't wish to sell the house whist there is a chance that we come back within a couple of years.... We really have no idea how things will work out. We have contacted Loughborough Building Society but we would appreciate your point of view please. How is it to obtain consent to let in that case as we secured a fixed 5 years rate we really don't want to change.
  • I have separated from my ex and we have each moved into our parents house and intend to divorce. What do I have to do to get Loughborough Building Society to give consent to let the property out to students?
  • We have a domestic mortgage with Loughborough Building Society and are considering obtaining consent to let so that we can apply for a further mortgage on another property that I own on a buy to let basis. Ahead of applying I would like to know the consequences of making the change and any facts that we need to consider.
  • A work promotions now necessitates that Ibe in different countries a lot and as a result I wanted to understand the process for getting consent to let with Loughborough Building Society
  • I own a residential home. I would like remortgage with Loughborough Building Society and seek consent to let. I'm still inside the redemption penalty period so not sure if it would trigger the penalty payment?