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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.

Frequently asked questions relating to Loughborough Building Society consent to lease

  • Always on the look out for a money making scheme I am contemplating leasing out my home and generate some income during my holiday. I only plan to be away for a fortnight. Will consent to let be needed from Loughborough Building Society?

  • I have just come off a call with Loughborough Building Society and they tell me that it has come to their attention that I have been letting out the one bedroom apartment despite having a resi mortgage. I needed to move three years ago for childcare reasons, couldn't sell and so had little choice to let out the property. Do you know what the consequences may be for me not seeking consent to let?
  • Twelve months ago my building society (not Loughborough Building Society) granted me with consent to let. This was subject to a provision that every half year they would add a charge of 0.5% of the remaining mortgage amount. Having the first few payments they have omitted to make the charge in recent months. Should I be worried that this means that my consent to let has been revoked.
  • I acquired a studio flat in Waltham Forest eight months ago and have a two year fixed rate mortgage with Loughborough Building Society. Looking to move in with my partner within the next 6 months and wish to rent my property. Just want to know the process.
  • I would like to send the consent to let application by courier and wanted to know if Loughborough Building Society have a regular mailing address I can use as couriers ordinarily don’t accept deliveries to PO Box addresses.
  • We wish to move home and have found a property we wish to purchase so are considering letting out with consent to let from Loughborough Building Society for our existing property to allow us to make an offer and not miss out on the potential new house.
  • I am looking for some generic information on consent to let. I currently have a mortgage in place with Loughborough Building Society. I have had licence to temporarily rent out my apartment from the freeholder of the block and they asked for a copy of the consent to from Loughborough Building Society.
  • We would like to obtain consent to let on a house where we have a mortgage with Loughborough Building Society. If issued, how long would consent be given for? In seeking consent to let from Loughborough Building Society are we running the risk of them forcing us to change deal to buy to let