Need Help?

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.

Sample questions relating to Tipton Coseley Building Society consent to let

  • What is the most extreme action Tipton Coseley Building Society can take if I have Sublet my flat in the event that consent to let is not forthcoming?

  • My partner and I currently live in Melbourne and leasing out our flat in Lewisham. This was unplanned but an opportunity arose and we took it. The rent we make on the apartment is not enough to cover the mortgage so we transfer money each month to make up the shortfall. Yesterday our lender got in touch telling me that because the property is being let out and has been for nearly four years we will have to pay 1.5% interest in addition to our current mortgage rate. One option would be to sell up but this will be difficult as I am so far away. Could we remortgage with Tipton Coseley Building Society and get consent to let?
  • My partner and I have a flat in Harrow which we acquired as a new-build about seven years ago. As childen are growing up we are looking for a bigger place. We've found a house in Islington that we would like to buy and want to keep the flat as an investment to rent out. The mortgage is with Tipton Coseley Building Society and we've found a tenant who will pay rent which more than covers the monthly mortgage payment. The query is, can we keep the repayment mortgage with Tipton Coseley Building Society so we effectively paying off our mortgage on the property or must we to swap to a buy-to-let product?
  • I have been in the armed forces for six years and planning to buy a house with a Tipton Coseley Building Society mortgage. I would like to get consent to let the property to my parents. In the future I would live in the property with my wife and kids when my military career comes to an end. Is this achievable?
  • My mortgage company wont issue consent to let until I have a move in date confirmed with a tenant. How can I confirm this in the absence of consent to let? I am not certain but I think my friend had a similar issue with Tipton Coseley Building Society.
  • I am thinking about renting out my property with consent to let from Tipton Coseley Building Society, what charges should I expect to pay?
  • I wish to buy a new home but can't afford to sell the existing flat with a Tipton Coseley Building Society mortgage. Do you know acceptable terms for Tipton Coseley Building Society to give consent to let? Is getting married and having kids a sufficient reason to seek consent?
  • We have a new mortgage however my girlfriend doesn't feel safe in the property due to other tenants in the block. I know that many lenders have a six month thing before consent to let - does this apply to all lenders. Is there any way Tipton Coseley Building Society would grant consent to let at the outset?