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.

Frequently asked questions relating to Furness Building Society consent to lease

  • I have had an existing homeloan with Furness Building Society for almost two years and the fixed rate is soon to be renegotiated. We are looking at extracting equity out of our current home to allow us to acquire a new larger house and then let out the existing maisonette. The initial advice we received was that we should look for a new domestic mortgage allowing for consent to let - can you explain what this is?
  • Are you able to inform me what fees Furness Building Society levy for consent to let out part of my ground floor flat? Any insights would be gratefully received.
  • I remortgaged with Furness Building Society recently, borrowing extra with the intention of doing a loft conversion. That extension has proved not to be possible and I now intend to purchase a second property for residential purposes and lease the existing property out with consent to let. Is that likely to result in me stitching myself up?
  • I have a house that's presently under shared ownership (My share is 60per cent) purchased in Aug 2013. I am currently going through the full purchase of the house. My partner and I also have in mind a second house that we are looking to purchase. Mortgage in principle has been approved by Furness Building Society. I want to know that I will be able to put the current house through consent to let as soon as the remainder share has been purchased so, that we can start the process of buying the new home
  • What is the process for getting a consent to let application form from Furness Building Society and how quickly can I get the consent?
  • I have a question I'd like to ask...if consent to let is given by Furness Building Society would it usually be subject to a time limit, such as 6 or 12 months?
  • I took a residential mortgage with Furness Building Society, and I would like to lease the flat out, until I decide whether to sell or keep it as an investment. At the moment I am on the fixed rate. Will I need to move onto a new mortgage? I.E. BTL?
  • My son has a mortgage with Furness Building Society and he wants to let his flat out as he is moving in with his girlfriend.Will she be given consent to let? What is the process and charges involved?