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.

Examples of recent questions relating to Loughborough Building Society consent to let

  • Is consent to lease required from Loughborough Building Society or can I lease out my property without telling Loughborough Building Society and having to switch to a B2L loan?

  • We have a fixed rate mortgage with Loughborough Building Society. This has been in place since 2007. We are deliberating renting out our property and renting in a village near our children's school until we find the right house to buy. Do Loughborough Building Society usually issue consent to let and do they apply an increase to the mortgage rate?
  • My husband and I have a standard mortgage with Loughborough Building Society. My company has offered me a home as part of my job and wish to rent out my existing property. My mortgage broker seems confident that it is straightforward process. Can you give me some information please?
  • I would like to rent out my existing residence as I wish to purchase a bigger house for the family. I have a fixed rate mortgage with Loughborough Building Society. On the basis 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 is finished. Could I refinance after two years with an alternative lender? What implications does that have aside from the higher rates - do I need a higher equity ratio in the property too ie lower loan to value?
  • I have a Loughborough Building Society home loan currently and potentially want to let it out for a limited period of time with consent from Loughborough Building Society for (1 year). How long do you have to wait until you apply for consent to let??
  • What information should I include in a letter applying for consent to let my house in Wandsworth? I would like to send a request to my mortgage provider Loughborough Building Society.
  • Would a previous extension to a mortgage term with Loughborough Building Society be held against us once we sought consent to let from Loughborough Building Society.
  • Me and my partner have had my mortgage with Loughborough Building Society since 2007 and always made payments If I asked for consent to let would it be given?