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.

Recently asked questions relating to Progressive BS consent to lease

  • The tenants for my property have asked for evidence of my ‘consent to let’ from Progressive BS, my mortgage lender. Is this normal?

  • I'm buying a 2 bed flat in Lewisham. My plan is to be there for under a year, and subsequently move into a bigger home. As opposed to disposing of the prior home my preference would be to rent it out so that it form part of an investment portfolio. Do you know if Progressive BS would grant consent to let in such a scenario?
  • Having spent fifteen years in the capital, I'm considering relocating to be nearer to family. We've only been homeowners for the last two years and about to renew our mortgage with Progressive BS. In the relocation destination, we are be looking at a 3-bed house around the £250k mark. Ideally, we would like to keep hold of my existing flat. Could I ask for Consent to Let from the proposed new mortgage provider Progressive BS. If granted what are the likely requirements?
  • I acquired a maisonette in Tower Hamlets one year ago and have a 2 year fixed rate mortgage with Progressive BS. Looking to move in with my other half imminently and would like to lease out my property. Would like to be better informed as to the process.
  • We are close to purchasing a place and plan to live in it once we have refurbished but we may need to let the property out but not clear on what the criteria is for consent to let from Progressive BS? We don't need a buy to let mortgage because we are not certain if we will need to let it out at all
  • I have had my mortgage with Progressive BS for eight years and always made payments If I sought consent to let would I receive a positive reply?
  • Is there a fixed or maximum term how long I could let my property out to a family member with consent to let from Progressive BS. I no longer want to live in the area and want to buy a new home?
  • Me and my husband may want to lease our home temporarily due to a new job. This will be for a limited period but perhaps for threeyears. Should I tell Progressive BS or do I keep quiet?