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.

Recently asked questions relating to Loughborough Building Society consent to lease

  • I own a studio flat but I am seldom there, deliberating the option of renting it out. My mortgage is with Loughborough Building Society, would I have to move onto a new mortgage deal or should I try to get consent to let?
  • I had a chat with a mortgage broker friend last week. She said that if I decide to move abroad with my job for a period then I should not apply for consent to let from my mortgage provider (Loughborough Building Society) until at least two weeks before I plan to rent out the house. Does that mean I have to find a tenant first and then obtain a consent to let?
  • I'm just looking here for a a relative as he’s at work who has a mortgage with Loughborough Building Society. He asked me to find out if there is a fee for consent to let? He has been in his property for two years but has been offered a job overseas away for 2 years and was thinking about renting the house out while he is away.
  • My fixed rate expires early 2017 and I wish to fix for another 4 years with Loughborough Building Society, hopefully rates will remain low. In in next couple of years I may want to move for a couple of years to a different city. How problematic is it to get consent to let by Loughborough Building Society under these circumstances? I would be returning at the end of the two years to live in my property.
  • Due to job opportunities I will be moving to Scotland and would like to rent the flat temporarily, please let me know what steps I need to take in order to obtain consent to let from Loughborough Building Society?
  • I would like to buy a new home but can't afford to sell my current apartment with a Loughborough Building Society mortgage. Do you know the criteria for Loughborough Building Society to give consent to let? Is getting married and having children an acceptable reason to to ask for consent to let?
  • I am looking for some generic information on consent to let. I currently have a mortgage in place with Loughborough Building Society. I have had approval to sublet my apartment from the freeholder of the block and they asked if I have consent to from Loughborough Building Society.
  • I am currently in the process of applying for a mortgage through Loughborough Building Society - There is a chance that in the within months I may decide to rent the property out - how would I change the normal mortgage to a BTL mortgage?