Need Help?

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

Top Five Questions relating to Furness Building Society consent to lease

  • I am currently looking for a mortgage as FTB and considering Furness Building Society with my broker. Let's say I choose a 3 year fixed rate I live at the property and after twelve months, an opportunity presents itself which involves a relocation effectively moving abroad. In the case Furness Building Society issues me consent to let,would the interest rate stay as it is or would it change?
  • I want to explore if I can receive consent to let on my current apartment. I have a mortgage with Furness Building Society but my situation has changed. I'm about to move in with my partner and son who have a house and is larger than my 1 bed flat. I am sure that I will not qualify for a buy to let loan as I don't have the funds for a deposit nor do I earn more than £25000 a year.
  • I would like to move and let out my studio flat in Havering. Having bought it in June 2007 and currently on a 85% ltv there is little equity in it. My mortgage is with Furness Building Society. Do you know where Furness Building Society stand when it comes to consent to let?
  • A year ago my building society (not Furness Building Society) provided me with consent to let. This was subject to a provision that every 6 months they would levy a fee of 0.5% of the outstanding mortgage amount. Having the first couple of payments they have omitted to make the charge in recent months. Should I be worried that this means that my consent to let has been withdrawn.
  • Are you able to give me some preliminary advice re consent to let? We have a Furness Building Society mortgage and are considering leasing the place out for a couple of years, but cannot really afford to convert to a buy to let rate. Is consent to let an alternative to to switching to a buy to let rate?
  • I wish to purchase a new home but can't afford to sell my current apartment with a Furness Building Society mortgage. Do you know acceptable terms for Furness Building Society to give consent to let? Is getting married and having kids a sufficient reason to make the request?
  • I am a Furness Building Society borrower. I would like to apply for consent to let my house. I have been waiting for a response from Furness Building Society. Could you please check and help?
  • Will I need consent to let from Furness Building Society if I am planning to reside in the flat myself for three months of the year? Furthermore if I receive consent to let for a period of time, say up to two years, what happens after that.