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Need professional advice for your consent to let with The Chorley & District 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 The Chorley & District Building Society consent to lease

  • In a worst case scenario what action The Chorley & District Building Society can take if I have let out my house without consent to let?

  • My friend has let her house from the same landlord for nearly 18 months. Over the last six months my friend has received letters from The Chorley & District Building Society (she hasn't opened them-it is clear from the envelope). To begin with she reposted them to her landlady's address. I was a bit suspicious as none of her landlady's post was meant to be going there. I therefore went to my friends house and phoned The Chorley & District Building Society on her behalf. The lady I called at The Chorley & District Building Society had a long list of queries, the landlady's details, the tenant's name and then said they would investigate whether she had the right mortgage and if she didn't it was an offence without consent to let. Should my friend be concerned?
  • My husband and I currently live in NYC and renting out our flat in the UK. This was unplanned but an opportunity came up and we took it. The rental income is not enough to cover the mortgage so we send back money each month to cover the shortfall. Yesterday I got a letter in the post from our lender informing me that because the property is being let out and has been for almost two years we will have to pay 1.5% interest on top of our current mortgage rate. We could sell the flat but this will not be easy as I am on the other side of the world. Could we remortgage with The Chorley & District Building Society and get consent to let?
  • I recently got married and my wife and I would like to purchase a family home in the coming year, whilst keeping our garden flat in Haringey we currently live in to rent out. Mortgage on the flat is with The Chorley & District Building Society. I don't want to put myself in a situation with two residential properties and then be refused consent to let.
  • My husband and I are planning to move to Kenya for a couple of years for my job but I don't want to switch my mortgage to BTL as I want to move back into it when I return. Do you know if The Chorley & District Building Society charges additional interest? Is there any way around this?
  • Last month I got married and I am in the process of buying out 100% of my co-ownership mortgage with my wife. As a result we have now been given a 90% loan to value on our house. We want to buy a larger home. Will it be possible to get a consent to let on my new mortgage with The Chorley & District Building Society to allow us to get a mortgage also with The Chorley & District Building Society for a new home?
  • My husband and I are endeavouring to figure out which mortgage providers are best for granting consent-to-let without raising rates, and hopefully allowing more than two years if required. Is that something you can assist me with? We are particularly interested in The Chorley & District Building Society
  • Will The Chorley & District Building Society choose to operate a right to change the rates on a homeowner mortgage where Consent to Let at any time, onto ‘rates equivalent to their BTL range'? Is it possible to remortgage on a consent to let with The Chorley & District Building Society?