Need Help?

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

Recently asked questions relating to Beverley Building Society consent to lease

  • I have a homeowner mortgage over my residence in loc with the intention of moving abroad to country for a couple of years. During this period I want to rent out my flat. My mortgage provider is withholding consent to let. I wish to avoid taking out a buy to let loan as it’s only for a short period that I am abroad for.

  • Last month I received consent to let on a normal loan with Beverley Building Society with a view to changing to a B2L rate when the fixed rate expires in a few months' time, so I'm unclear if this adds to the complexity of the issue! Any recommendations gladly appreciated.
  • Our present house in Hackney has probably about £120K equity with a mortgage with Beverley Building Society. It's a 3 bed house in a popular area and it should rent well. We are probably moving for my husband's work and were considering holding onto the house on as a rental property - would we need to change the mortgage to a B2L product or should we seek consent to let from Beverley Building Society?
  • I have found myself in the accidental landlord situation and didnt inform Beverley Building Society. I had to vacate my property for family reasons, so now live in another part of the country. I originally tried to sell the flat, but prices were depressed, resulting in negative equity. This was three years ago in 2011, which has since seen the property price increase and has allowed me time to accumulate savings. I am in now in a position where I could convert to a BTL mortgage and would like to remortgage at the same time. My concern is, will changing mortgage providers possibly alert Beverley Building Society that I have been letting without consent to let? I am aware that I shouldn’t have done what I did, but circumstances wouldn’t allow me to do anything else. Have I committed a criminal offence?
  • I want to take in lodgers for my one bedroom apartment in Bexley which I live in. My mortgage is with Beverley Building Society. Will they grant consent to let?
  • Was wondering how to obtain a consent to let from Beverley Building Society with whom I have a mortgage with. There is a remaining balance of 87k. The value of property is 245k. Property is in my name but my wife and I would like to purchase a garden flat in Croydon we have seen together. How do we go about it?
  • Is consent to let a cost efficient way of becoming a landlord? Isn't this a loophole for some people to exploit?
  • I may potentially need consent to let from Beverley Building Society in the future with work. I am just looking to see what the options would be if this was the case. Are there any time restrictions on the length one can let out a property with consent?