Need Help?

Need professional advice for your consent to let with Pepper Homeloans? 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 Pepper Homeloans consent to lease

  • Can Pepper Homeloans choose to operate a right to increase interest rates on a residential mortgage that has just been approved for Consent to Let at any time, onto ‘rates equivalent to their BTL range'?

  • I need to see if I can receive consent to let on my existing home. I have a mortgage with Pepper Homeloans but my circumstances have changed. I'm looking to move in with my partner and daughter who have a house and is larger than my small flat. I am unlikely to qualify for a buy to let loan as I don't have money for a deposit nor do I earn in excess of £25000 a year.
  • We are are looking to join the property ladder, currently renting. We want to purchase a garden flat in Hounslow. We want to move there, but will need to wait for a job - perhaps a couple of years. Would we have to seek a B2L loan? Could we have a normal mortgage with Pepper Homeloans, even though we won't be moving in straight away? Or could we reside there for a few of months, then start renting it with consent to let from Pepper Homeloans? I'm only willing to consider options that are fully legitimate, and have no intention of breaching the terms of the mortgage with Pepper Homeloans.
  • My wife and I have a flat in Hackney which we acquired as a new-build just over twelve years ago. As the family is growing we need more space. We've identified a property in Islington that we wish to buy and want to keep the flat as an investment to rent out. The mortgage is with Pepper Homeloans and we've found a tenant who will pay rent which more than covers the monthly mortgage payment. The query is, can we keep the repayment mortgage with Pepper Homeloans so we effectively paying off our mortgage on the property or must we to move it to a buy-to-let product?
  • I have a Pepper Homeloans mortgage currently and potentially wish to let it out for a limited period of time with consent from Pepper Homeloans for (1 year). Is this possible?
  • My fixed rate loan with Pepper Homeloans expires in January and have to move with work soon after. Is it likely that I be able to both remortgage and get consent to let?
  • I am considering moving in with my girlfriend but do not want to to sell my flat. How do I go about requesting consent to let from Pepper Homeloans, and what are the chances that this will be issued?
  • Me and my partner have had my mortgage with Pepper Homeloans for nine years with no arrear If I sought consent to let would it be granted?