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

Cynergy Bank Consent to Lease Example Support Desk Enquires

  • Exciting times as my husband and I are moving to Floridain Month, initially for a little as 9 months but it could be longer term. We have just applied to Cynergy Bank to obtain consent to let out my property (we have already found tenants). I have been with Cynergy Bank for 7 years and I am up to date with payments. Cynergy Bank say, that even if they do agree, that this is a short term consent for one year. After the year is up what happens next?

  • I will soon be relocating to Denmark. Rather than sell my house, I would like to rent it out, just in case things don’t pan out. My present mortgage is with Cynergy Bank. If I applied for a refinance would a new provider view this as me attempting to avoid a Buy To Let mortgage, of which there is very limited availability for 80% LTV, and hence turn down my application for Consent to Let?
  • Is it legal to let out our property in the absence of consent to let from our mortgage provider? I am aware that initially we signed a contract stating it wouldn't be a buy to let property and that we don't own other property. I know you can't use help to buy if you owned other property at the time, but what about property thereafter? Can one purchase a further property, receive a gifted property?
  • I wish to let my current residence as I wish to acquire a bigger house for the family. I have a two year fixed mortgage with Cynergy Bank. Provided I get the consent to let as I understand lenders are more than likely to push me towards getting BTL mortgage when the fixed term comes to an end. Could I remortgage after two years with another lender? What connotations does that have aside from the higher rates - would I need a greater equity ratio in the property too ie lower loan to value?
  • We have a mortgage with Cynergy Bank and would be thinking about buying another main residence and then subsequently renting our current property out. Would I require consent to let from Cynergy Bank?
  • I am currently in the process of applying for a mortgage through Cynergy Bank - There is a likelihood that in the coming months I may decide to rent the property out - how would I switch the homeowner mortgage to a buy to let mortgage?
  • Last month purchased my flat and took out a mortgage with Cynergy Bank but my boyfriend has asked me to move in with him. Would I be allowed consent to let?
  • I am planning on relocating inside the next nine months and would like to lease my property out. My interest rate is fixed with Cynergy Bank. I am concerned that a rate hike would be too much if that was a condition of obtaining consent to let