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Need professional advice for your consent to let with St James Place Bank? 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 St James Place consent to lease

  • I am employed by a letting agency in loc and a potential tenant for the house has demanded evidence of the ‘consent to let’ from the owners lender St James Place. Why would they ask for this

  • Please explain "consent to let" to me? I live in a studio flat and its in good condition. It has been on with agents for two months and I have had very few viewings. This is probably due to an ongoing dispute with the family next door. I was obliged to put this on the disclosure sheet. I am with St James Place on a fixed rate. Someone mentioned I should get consent to let via St James Place and lease the property for a year or two.
  • My cousin and his fiance currently lodge with me at my two bedroom maisonette. After Christmas I would like to move out of the property and in with my partner. How likely is it that I will be able to get consent to let from St James Place after only having the mortgage for less than half a year?
  • I currently have a mortgage with St James Place and the loan to value is presently 60% with the St James Place current book value and would like to acquire another property but do not want to sell my current property at the current market value. I have consent to let from NRAM on a previous property so know a bit about them and I also have buy to let with Mortgage Express on another property. Does the expected rental income on a consent to let with St James Place need to exceed the mortgage repayments? I have a fixed rate which I tied into a fixed rate and left the term at 19 years so it was paid off as early as possible, obviously this leaves with quite a high monthly repayment.
  • My existing mortgage is with St James Place, but I am going to need to get consent to let for about 12 months as my partner is unwell and is struggling to balance work with the hectic environment we are living in. We want to take time off for twelve months (by living near her mum and dad and having support) in a greener more relaxed part of Manchester.
  • I am trying to find out St James Place fees for conversion to consent to let from a fixed rate residential mortgage?
  • I am after further information concerning consent to let home loans, potentially transferring our existing mortgage with St James Place across to a consent to let one.
  • Can you tell me how much the fees are and if St James Place usually give consent to let without switching to a commercial rate?