Need Help?

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

Frequently asked questions relating to Stafford Railway Building Society consent to lease

  • I have a standard mortgage over my residence in loc and am due to relocate to country for three years. During this period it makes financial sense to lease out my flat. My lender will not provide me with consent to let. It’s hardly ideal to move to a buy to let loan as it’s only a short term option that I am going away for.

  • I currently have a mortgage with Stafford Railway Building Society and I am thinking of purchasing a property with my soon to be wife. It's her council house on a right to buy scheme. Will I be able to transfer my Stafford Railway Building Society mortgage to rent out my existing property in Bromley even though the property is currently in negative equity.
  • Can you explain "consent to let" to me? I live in a studio apartment and its in good condition. It is on the market and I can't find a buyer. This is probably due to an ongoing feud with the guy next door. I had no choice but to mention this on the disclosure sheet. Mortgage is with Stafford Railway Building Society on a standard variable rate. Someone mentioned I should obtain consent to let from Stafford Railway Building Society and let the property to tenants.
  • I purchased a ground floor flat in Hackney in 2006 and remortgaged with Stafford Railway Building Society on a rate which expires in the later this year. If I go overseas for work and want to lease out my property what would I need to do to get consent to let and what are the financial repercussions if any?
  • Can you help me understand what are acceptable reasons for leasing a property when it comes to seeking consent to let from Stafford Railway Building Society? Are you able to assist?
  • I wish to buy a new home but can't afford to sell my existing flat with a Stafford Railway Building Society mortgage. Do you know the criteria for Stafford Railway Building Society to grant consent to let? Is getting married and having children an acceptable reason to make the request?
  • Would a prior extension to a mortgage term with Stafford Railway Building Society be held against us when we applied to Stafford Railway Building Society for consent to let.
  • I recently acquired a apartment using a Stafford Railway Building Society home loan. However I am currently living with parents. I don't want to move in until next summer due to some family issues. In meantime can I lease out the property with consent to let?