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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.

Top Five Questions relating to Loughborough Building Society consent to lease

  • Doing everything by the book I’ve been leasing out my house with "consent to let" from Loughborough Building Society on a homeowner mortgage for the previous 24 months. Loughborough Building Society have advised of their intention of withdrawing their consent to let unless we swap to one of their "buy to let" loans.

  • I understand the capital gains tax consequences of changing a Loughborough Building Society mortgage to consent to let, but what about the ongoing rental revenue vs expenses? Say I have converted my former owned studio flat into CTL and moved out and pay rent elsewhere. Is it legitimate to offset the rent I am paying from the rental revenue?
  • I purchased a house in 2008 on shared ownership basis, I own half through mortgage and rent the other percentage. In December 2013 I bought a new house. I rented out my first house and moved to the new property. I gained consent to let from my mortgage company and I thought I had consent to let from the housing association. Last week I had a letter from the housing association saying they had nothing on record to say I had procured consent to sublet. What do I do now?
  • I was going to phone Loughborough Building Society to ask if they have a Consent to Let application they can send me to complete.. However,I thought I would look online. I was wondering if there is anywhere I could download this form online?
  • My current mortgage is with Loughborough Building Society, but I have to get consent to let for approximately a year as my partner is unwell and is struggling to balance work with the hectic environment we are living in. We want to just chill out a little for twelve months (by living near her parents and getting support) in a greener less hectic suburb of Liverpool.
  • I'm thinking about letting my property on a domestic mortgage with Loughborough Building Society what is the procedure for getting consent to let?
  • Is it possible to negotiate a consent to let from Loughborough Building Society if I have a current mortgage which has been in place for ten years?
  • My brother and I have a mortgage with Loughborough Building Society and would be thinking about purchasing another main residence and then subsequently letting our current property out. Do I need consent to let from Loughborough Building Society?