Need Help?

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 wanting to email my lender St James Place justifying the following logic for my request for consent to let ; "I am struggling with the monthly mortgage amount and want to move to a smaller place but can't sell. I am worried by failing to make payments and have considered handing back the keys. If you granted consent to let that may solve things." What are the chances that this will result in a positive response?
  • Much to my surprise I have just been presented with an excellent job opportunity for 9 months in New York. I have enough cash reserves to pay the monthly St James Place mortgage yet the block insurance requires that the property must be occupied in order to be valid. Last Christmas the roof suffered storm damage but was repaired. Should there be any problems during the winter months I would struggle to afford remedial works. Would I be eligible for consent to let by St James Place for a limited period?
  • My gf and I might have to let out her apartment, and I have a query concerning getting permission to do so. I know I need to notify St James Place and get a consent to let or move across to a BTL mortgage. But the property is leasehold, so do we need consent to let from the residents association?
  • We are planning to use equity in my existing house to purchase another property which I intend to live in whilst I do it up. My preference is to rent my current property with the St James Place mortgage. Is it likely that I would be given consent to let? House is valued at £450 k with a £200k home loan in place.
  • My OH and I have a standard variable rate mortgage with St James Place and are considering obtaining consent to let so that we can apply for a further mortgage on another property that I own on a buy to let basis. Before we apply I would like to know the implications of making the change and any facts that we need to consider.
  • We took out a mortgage with St James Place a few months ago and although it's a long way off we may have to relocate around next July or August and would like to be able to let our house out. Would this be possible with a non-commercial mortgage?
  • I am interested in some advice on how best to approach my mortgage provider St James Place regarding a 'Consent-to-Let' application. Is this a task you can offer guidance on ?
  • Is there a fixed or maximum term how long I could rent my house out to a family member with consent to let from St James Place. I no longer want to live in the area and want to buy a new home?