Need Help?

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

Sample questions relating to The Chorley & District Building Society consent to let

  • I have a garden flat in Croydon let out which has a 62 year lease. Mortgage broker suggested I should refinance (currently with The Chorley & District Building Society) as a buy to let rather than consent to let and release 65-70k which on top of a new homeloan based on income multiples would give me a budget of £200k. Limited available in Redbridge for me to get my own place. To extend the lease will cost 21k. Lease out with consent to let or sell the flat?
  • What is the procedures for obtaining consent to let from The Chorley & District Building Society? What information do they need? is there a fee to pay? Is consent generally limited in time and if so, for how long? Do I need to renew it every year? What if I obtain a consent but decide to sell the property rather than rent the property out?
  • After fifteen years in the capital, I'm considering relocating to be closer to family. We've only been homeowners for the last two years and about to renew our mortgage with The Chorley & District Building Society. In Havering, we are be looking at a 4 bedroom house around the £350k mark. Ideally, we would like to retain my existing apartment. Could I ask for Consent to Let from the proposed new lender The Chorley & District Building Society. If granted what are the likely requirements?
  • I may have the chance to go and work overseas in a couple of years. I am therefore considering scaling down to a newer property in Croydon which I could rent out more easily when the time comes. The intention is to keep half the equity in the new property which would be my home for a while. My current mortgage provider will only issue consent to let for a year. I expect to be renting it out longer term and not having consent could result in a whole heap of problems. BTL seems unnecessarily expensive given that I will be living there, perhaps for 2-3 years initially. What type of mortgage should I be seeking, and from which lender? Do lenders such as The Chorley & District Building Society give consent to let for more than a year?
  • Are you able to give me some preliminary insight re consent to let? We have a The Chorley & District Building Society mortgage and are thinking of leasing the place out for two years, but cannot really afford to convert to a buy to let rate. The estate agent mentioned something about a content to let
  • My existing mortgage is with The Chorley & District Building Society, but I will soon to need move out for about a year as we need to be closer to my wife’s mum. Will The Chorley & District Building Society grant consent to let?
  • My wife and I are considering a remortgage and also thinking of renting the property in the years to come - Is there a fee with The Chorley & District Building Society to procure consent to let and what are the criteria?
  • We have a mortgage with The Chorley & District Building Society and would be thinking about buying another main residence and then subsequently renting our current home out. Would I require consent to let from The Chorley & District Building Society?