Need Help?

Need professional advice for your consent to let with Cumberland 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 Cumberland Building Society consent to lease

  • In September 2013 I was issued consent to let from my current mortgage provider which is about to run out. I have since been traveling and had my first child. I'm not earning enough just now to cover the mortgage on my own. My lender has advised me that I can't extend my consent to let and if I continue renting out I will be in breach of the terms of my mortgage conditions. As a result of my low income I it is likely that I will be refused to transfer to a BTL product. One option I am thinking about is remortgaging to Cumberland Building Society. Are they likely to issue consent to let from the start?
  • Me and my husband have a flat in Havering which we purchased off-plan approximately seven years ago. As we've now got a young son we require a larger place. We've identified a property in Brent that we wish to buy and want to keep the flat as an investment to rent out. The mortgage is with Cumberland Building Society and we've found a tenant who will pay rent which more than covers the monthly mortgage payment. The question is, can we retain the repayment mortgage with Cumberland Building Society so we effectively paying off our loan on the property or must we to switch to a buy-to-let product?
  • My husband and I are in a tricky mortgage situation in the last couple of month. We have to let our home with consent to let and move to a different location due to schooling. We are about to rent a house. We are finding it very difficult to find a better mortgage deal for our consent to let home. Is there is a list available as to which lenders grant consent to let and what their conditions are?
  • Need some advice concerning leasing a property and consent to let. In the coming months I intend to move in with my fiance. The council would like to rent my flat for 5 year commitment with rent and service charges covered. The flat was purchased with a mortgage by Cumberland Building Society. Please help
  • How much of my loan allowance will be made available to draw down on if I switch my mortgage to a consent to let with Cumberland Building Society?
  • I would like to know if I have a normal mortgage with Cumberland Building Society and decide to let it out, does the rate change and are there any associated charges for seeking consent to let.
  • I am trying to find out if Cumberland Building Society will grant consent to let in a situation where we need to move closer to relatives in a different house albeit that we may move back the future if circumstances change.
  • I am hoping to fix my homeowner mortgage with Cumberland Building Society but as a result of my job I may have to go abroad for a couple of years. Will Cumberland Building Society allow and grant consent to let and there be any penalty