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

  • Will Stafford Railway Building Society activate a right to increase interest rates on a regular mortgage where the lender has granted Consent to Let at any time, onto ‘rates akin to their BTL products'?

  • I have a Stafford Railway Building Society mortgage and have been letting out my flat minus consent to let, making me in contravention of my mortgage conditions. I think that they have sussed that I am not residing there. What are the legal repercussions of my failure to procure consent to let?
  • Is it possible to rent out our house in the absence of consent to let from our mortgage provider? I am aware that initially we signed a declaration stating it wouldn't be a buy to let property and that we are not the owners of other property. I know you can't use H2B if you owned other property at the time, but what about property thereafter? Can you purchase a further property, receive a gifted property?
  • Do you know if an ERC would count as an allowable expense to be offset against tax for a BTL property? Last year I was going to apply for consent to let from Stafford Railway Building Society on my flat but I ended up changing lender to get a BTL mortgage. I had to pay an early redemption charge as I was still in a fixed rate period.
  • I'd like to know if Stafford Railway Building Society are likely to give consent to us letting out our flat in Greenwich
  • My fiance and I have already let but only just realised Stafford Railway Building Society ought to have been advised and consent to let sought - what's the best course of action now?
  • My fiance and I would like to obtain consent to let on a house where we have a mortgage with Stafford Railway Building Society. If issued, how long would consent be given for? In asking for consent to let from Stafford Railway Building Society are we running the risk of them forcing us to change deal to B2L
  • I need to contact Stafford Railway Building Society to enquire about leasing out my house. Will they post a document to me. Is there a form I can download?