Need Help?

Need professional advice for your consent to let with Loughborough 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 Loughborough Building Society consent to let

  • I have exchanged contracts for an off plan property in which I was going to move into, but my boss has offered me a posting overseas for 2 years, can I let the new property with consent to let from Loughborough Building Society.
  • I have a mortgage with Loughborough Building Society on a property and I wish to find a tenant for it out and rent an alternative property as a result of changes in personal circumstances - I want to move to a different area, and to live in a bigger property with my fiance. I applied for consent to let and just got a response refusing because they determined that I want to invest. I dont know what to do now. The process has put me at risk since I already have rented a new home and would have to pay both the Loughborough Building Society mortgage and rent payments, which could expose me financially. The matter needs to be resolved soon because a potential tenant at the ready
  • My fiance and I are planning to utilise equity in my current house to purchase another property which I intend to live in whilst I do it up. My preference is to rent my first property with the Loughborough Building Society homeloan. I was just looking for a general view on whether Loughborough Building Society currently allows consent to let? House is worth £350 k with a £150k home loan in place.
  • I am in the Royal Navy and planning to buy a property using a Loughborough Building Society mortgage. I would like to be given consent to let this property to my mother and father in law. In years to come I plan to reside in the property myself when my military career comes to an end. Will I need to apply to my Commanding Officer to request permission to rent it out?
  • I am after more information in relation to consent to let mortgages, potentially moving our existing mortgage with Loughborough Building Society over to a consent to let one.
  • In the event that I was successful in obtaining consent to let from Loughborough Building Society, can I sell during the consent period? Is it possible that I would incur any charges?
  • I recently purchased a house with 10% deposit for personal uses. A homeloan was taken with Loughborough Building Society. However my circumstances have now changed. I am being transferred out of the area. Am I able to get consent to let from Loughborough Building Society and put the house up for rent?
  • How likely is it that Loughborough Building Society force me into a consent to let product while I'm in a fixed rate product for 2 years?