Need Help?

Need professional advice for your consent to let with Pepper Money? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Common questions relating to Pepper Money consent to lease

  • Can you clarify if consent to let compulsory from Pepper Money or can I let my property without telling Pepper Money and being forced to switch to a B2L mortgage?

  • The plan is to move in with my partner and I have let my property out to 2 tenants on a one year tenancy. The application for consent to let from Pepper Money is in hand but what if they decline. I can’t renege on my contract in terms of not renting the students as the paperwork is finalised. On the other hand Pepper Money could take me to court for contravention of mortgage condition i.e. renting it out without consent to let.
  • Where a property owner opts to lease out their property without consent to let from Pepper Money - what, if any implication could there be for an agent acting on their behalf?
  • Last month I got married and my wife and I would like to buy a family home in the coming year, whilst keeping our studio flat in Bexley we currently live in to rent out. Mortgage on the flat is with Pepper Money. I don't want to put myself in a situation with two residential properties and then be refused consent to let.
  • I am trying to investigate if it is possible to get a consent to let mortgage with Pepper Money rather than a buy to let mortgage
  • Just looking for some information. I currently have a mortgage in place with Pepper Money. I have had licence to sublet my flat from the managing agents and they asked if I have consent to from Pepper Money.
  • Are you aware of any leeway in the accepted equity ration before switching from a current Pepper Money mortgage to a consent to let?
  • I have fixed rate mortgage with Pepper Money. I am going have to let out my property due to necessity. If I apply for consent to let, will I have to pay significantly more interest?