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

Pepper Money (UK) consent to let: Q and A’s

  • Last September we purchased our council house, in Southwark,recently valued at £175k. It was paid for in full from our own finances, with no mortgage. We are prohibited from selling (without penalty of losing some of our discount) before 5 years have gone by. Regardless, we wish to retain it as a investment property to lease out. We wish to release some equity via a Pepper Money (UK) mortgage. Will consent to let be given?
  • I need to transfer my homeowner mortgage with Pepper Money (UK) to a consent to let and looking for some advice please... I acquired my first property in London in 2010. After a career opportunity I moved to Glasgow, and four months ago got a residential joint-mortgage with my boyfriend. I am inclined to keep with Pepper Money (UK) and seek consent to let rather than attempt to apply for a new mortgage elsewhere, but if Pepper Money (UK) refuse what lenders should I approach.
  • I have recently let out my three bed flat having secured Consent to Let with my building society. Six months have now elapsed and they have loaded my mortgage rate as previously advised. I cannot swap to a preferable product with them, as they will withdraw my consent to let. Were I to go with an alternative mortgage company for instance Pepper Money (UK), would I need to obtain a BTL mortgage or could I simply refinance and get consent to let?
  • Please explain "consent to let" to me? I live in a 1 bed flat and its in good condition. It is on the market and I am struggling to sell. This is probably due to an ongoing dispute with the guy next door. I have had to put this on the disclosure form. I am with Pepper Money (UK) on a fixed rate. Someone mentioned I should seek consent to let by Pepper Money (UK) and rent the flat out.
  • Would I be able to remortgage to Pepper Money (UK) from my current lender, with a consent to let or do I need a let to buy mortgage, and if so what are the LTV's?
  • Just wanted to know what needs to be provided to Pepper Money (UK) in order to get consent to let? I just finished a three year fixed mortgage and possibly moving to another apartment with my husband.
  • I currently have a residential mortgage with Pepper Money (UK) and plan on letting due to work being based in Bristol. In seeking consent to let from Pepper Money (UK) do I run the risk of them forcing me to change deal to buy to let
  • We are interested in more information regarding consent to let from Pepper Money (UK). Would a valid reason be parking problems and the house is too big for me to run at this moment in time?