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

Questions and Answers: Tipton Coseley Building Society consent to let

  • I had a chat with a IFA friend last week. She said that were I to decide to move abroad with my job for a period then I should not apply for consent to let from my lender (Tipton Coseley Building Society) until at least four weeks before I plan to let the house. Am I to understand that I have to find a tenant first and then obtain a consent to let?
  • My husband and I reside in a matrimonial home where we have numerous vacant rooms. We are deliberating the option of setting up an holiday rental style business to rent half the home out on a short term basis. Is this is likely to be acceptable in accordance with Tipton Coseley Building Society’s consent to let protocol?
  • I purchased a maisonette in Wandsworth in 2008 and remortgaged with Tipton Coseley Building Society on a rate which expires in the later this year. If I go overseas for work and want to rent out my property what would I need to do to get consent to let and what are the consequences?
  • Last month I got married and my wife and I would like to purchase a family home in the coming year, whilst keeping our ground floor flat in Lambeth we currently live in to rent out. Mortgage on the flat is with Tipton Coseley Building Society. I wish to avoid putting myself in a situation with two residential properties only to be refused consent to let.
  • Is there a maximum period that Tipton Coseley Building Society is willing to grant me the Consent To Let for?
  • I am considering moving abroad for work and would like consent to let from Tipton Coseley Building Society whilst I am away. Is the way forward to complete the consent to let form and send it off in the post to Tipton Coseley Building Society? The point of renting the property isn't to make money but to retain the house in case things don't turn out as well as we hope
  • If I were to apply for consent to let from Tipton Coseley Building Society how long will it take to hear back?
  • Do you know if there is usually a required loan to value amount before Tipton Coseley Building Society will grant consent to let?