Consent to Let - Cynergy Bank Requirements
This page is designed to help conveyancing practitioners on the Cynergy Bank conveyancing panel where their non-lender client intends to rent out their property. Lawyers should still check the CML handbook requirements for Cynergy Bank. The information on this page is not focused on buy-to-let requirements but is restricted to situations where the borrower will need consent to let from Cynergy Bank.
Need help with "Consent to Let" from Cynergy Bank?
Cynergy Bank requirements state that if ahead of completion of the conveyancing retainer, the borrower informs you of an intention to let the property you should advise the borrower that any letting of the property is prohibited without prior consent to let from Cynergy Bank. If the borrower wishes to let the property after completion then an application for consent to let should be made to Cynergy Bank by the borrower.
The application for consent to letting should be made to:
As per 1.11.a
The content set out above is in relation to properties in England and Wales.
Other sites are avaialble targeted to borrowers for information and help on consent-to-let with Cynergy Bank.
Consent-to-let requirements differ from the Cynergy Bank buy-to-let requirements.
Find out how to order your redemption statement request from Cynergy Bank