Need Help?

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

Progressive BS consent to let: Q and A’s

  • Can you clarify if consent to let compulsory from Progressive BS or can I lease out my property without telling Progressive BS and being forced to switch to a buy-to-let mortgage?

  • Within the next few days I intend to apply to Progressive BS for consent to let out my house in Progressive BS. However I have put the house on the market but there without a sniff of interest and forking out for a full mortgage, council tax and insurance on vacant house is exhausting my finances. What approach would Progressive BStake if I market the property?

  • I bought a garden flat in 2014 with a Progressive BS loan but want to put my flat up for rent. I have got parking issues there. Do I need consent to let fromProgressive BS?
  • I'm one year into a two year fixed mortgage with Progressive BS. The LTV is only 40%. I've come across a really good deal on a 2 bed flat in Hackney which I would not want to miss. It seems the only way I can get this other property is to release most of the remaining equity. I'm thinking of letting the current home which would more than cover the homeloan with Progressive BS. Can I get a consent to let from Progressive BS and and then seek an equity release after it's rented?
  • Are you able to help? I am just enquiring if Progressive BS offer consent to let as an option if I decided to rent out my home under a homeowner mortgage. Is there a specific rule for right to buy property and consent to let?
  • There is a chance of me going to Hong Kong for a year with work. Planning on taking the husband with me and hoping to rent our UK home in the meantime on a temp basis to make matters more cost effective. I was just enquiring I have filled in my application form but I'm unsure where to send it
  • Our Progressive BS mortgage is coming up for renewal. We would like to apply for a new residential mortgage and then apply for a consent-to-let. Is this possible? We don't use the house much now that our kids are growing up, and would be better used as a rental.
  • My wife and I are thinking about applying to Progressive BS to obtain consent to let our home, how long does it take from the point of submitting the application to us finding a letting agent and listing our house for rent? and are there any other steps in the process?