Need Help?

Need professional advice for your consent to let with Suffolk 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 Suffolk Building Society consent to lease

  • I have a three bed leasehold apartment via a Suffolk Building Society mortgage and have a lodger in the one of the room. I am about to relocate to Newham and will look for a property to rent. My lodger doesn't want to leave so is willing to pay a higher rent. Must I apply for consent to let via Suffolk Building Society?
  • I would like to let my current residence as I wish to purchase a larger house for the family. I have a fixed rate mortgage with Suffolk Building Society. Provided I get the consent to let as I understand lenders are more than likely to push me towards getting BTL mortgage when the fixed term comes to an end. Could I remortgage after a couple of years with a different lender? What connotations does that have aside from the higher rates - would I need a greater equity ratio in the property too ie lower ltv?
  • Can you explain "consent to let" to me? I live in a 1 bed apartment and its in good condition. It is on the market and I can't find a buyer. This is because my neighbour is a drunk and assaulted me last year. I have had to mention this on the disclosure sheet. I am with Suffolk Building Society on a fixed rate. Someone mentioned I should get consent to let from Suffolk Building Society and rent the flat for a couple of years.
  • My OH and I took a loan out on a maisonette in December however I will be working outside of commuting distance of Camden for the foreseeable future but hope to find work closer in the long term. Given I have not had property long I will lose money if I sell and do intend to return to Camden so would like to keep it. How difficult is it to get consent to let from Suffolk Building Society and what is the procedure ?
  • I am looking to Suffolk Building Society to issue me with consent to let out my basement flat in Haringey. I am moving to India for Eight months for work.
  • Can you help with a question...if consent to let is given by Suffolk Building Society would it usually be subject to a time limit, such as one year?
  • My brother and I have a mortgage with Suffolk Building Society on our three bed flat in Hillingdon. We are hoping to buy a new house to move into. How do I move my existing mortgage on to consent to let?
  • I am looking to get consent to let with my Suffolk Building Society residential mortgage. It is a mid terraced house. Will Suffolk Building Society grant consent on this basis? Or would it be regarded as an HMO?