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.

Examples of recent questions relating to Loughborough Building Society consent to let

  • Nine months ago my lender (not Loughborough Building Society) gave me with consent to let. The condition was that every half year they would levy 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 canceled .
  • I plan to move house and I am enquiring if I can get consent to let on my property then get a mortgage approval for the new house so I can put in an offer thus being chain free and then rent my property out when I move. Is it likely that Loughborough Building Society grant consent to let for 12 months if they know I am wanting to buy somewhere else or only if I am relocating temporarily with work?
  • I have leased out my studio flat in Sutton for the past two years, and I didn't realise that I required consent to let. I now want to rectify this. Would this be an issue?
  • I bought my ground floor flat in Hackney one year ago and have a two year fixed rate mortgage with Loughborough Building Society. Looking to move in with my boyfriend next month and would like to lease out my property. Would like to be better informed as to the process.
  • We are 12 months into a five year domestic mortgage with Loughborough Building Society. Just curious whether it's permitted to let out the flat on my current home loan. Will Loughborough Building Society issue consent to let?
  • How much of my mortgage allowance will be made available to draw down on if I switch my mortgage to a consent to let with Loughborough Building Society?
  • I have a mortgage with Loughborough Building Society at present and just wondering where I can I get a consent to application form from
  • I have spoken to someone at Loughborough Building Society about switching our existing mortgage to consent to let (the existing two year fix expires in june next year). Can I just confirm that I need to send a letter setting out our change in circumstance to Loughborough Building Society? Where do I need to post it to?