Need Help?

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

Examples of recent questions relating to Santander consent to let

  • For two years now I have been with Santander and have just renewed a fixed rate. The LTV is approximately 28%. Unfortunately we must move into my mum’s home to look after her, it would preferable to rent our house out - do I require consent to let from Santander and is it likely to be expensive?
  • I sought consent but was turned down as I did a remortgage in May but Woolwich does not give consent if mortgage is less than 6 months old. Now I am worried when 6 months is gone are they going to find some additional criteria that will not be ok. On the other hand I can remortgage with Santander but will they give me consent straight away?
  • I run a letting agency in Southwark. If a landlord opts to let out their house without consent to let from Santander - have I failed in my duty of care? Technically the landlord isn't committing a crime, however, they would be breaching their contract with the Santander, as Santander invariably need to be informed of any change in circumstances. If I turn a blind eye could I be accruing trouble?
  • Given we are relocating and failing to sell our house, we are mulling over letting it out. Am I duty bound to inform Santander? If we do, I think they will want to change our mortgage to buy to let and increase rate which we can't afford. I was hoping that if I continued paying on time it shouldn't be an issue, but am now concerned about insurance connotations if we haven't come clean. Any feedback?
  • Can you help with a question...if consent to let is given by Santander would it usually stipulate a time limit, such as 6 or 12 months?
  • Me and my husband want to let our house out and use the rental income to pay rent on a house in Lambeth. How likely are we to be given consent to let by Santander without being forced onto a BTL product.
  • I am looking for some generic information on consent to let. I currently have a mortgage in place with Santander. I have had approval to temporarily rent out my flat from the managing agents and they asked for a copy of the consent to from Santander.
  • What are the implication if I have already rented out the property for a number of years as an HMO and now want to legalise the situation with Santander by getting consent to let ? (assume Santander had in the past given a homeowner mortgage in the past)