Consent-to-let Help for State Bank of India

Common questions relating to State Bank of India UK consent to lease

• Due to problems with the area we live in (it's rough!), we are keen to relocate. As selling the flat will result in early repayment charges to State Bank of India UK of £5000, we thought that it would best to let it out. So, we need to obtain a consent to lease from State Bank of India UK only 12 months. What can I do to get consent?

• I am three years into my 5 years fixed rate mortgage and intend to take a job abroad so wish to rent out my home for two years. My LTV is about seventy per cent. Are you able to clarify if State Bank of India UK will increase my interest for consent to let for the period that the property is tenanted?
• What is the maximum period of time permitted by State Bank of India UK that I would be able to let my property without having to transfer the mortgage or sell my property? Essentially, my boyfriend would like me to move in with him and I really don't want to sell my house. I would like the security of knowing I still own my own property.
• About twelve weeks ago I vacated my house in a rush and let out the property. I am aware I should have gained consent to let from State Bank of India UK but was unsure what the future would hold and I simply forgot about it. I'm now in the position where I want to sell that house and transfer the State Bank of India UK mortgage to a new apartment. I can't see a path to do this without finding myself at the mercy of State Bank of India UK for failing to obtain consent to let. When switching, at the time of discharging the mortgage, you must declare your intention to "park the rate" and go through a new set of affordability checks. Although I do not foresee difficulties with my financial standing, the credit check may indicate I don't live there any more.
• Interested to know if I would be able to get consent to let from State Bank of India UK in order to move back to my parents for a year or two and conserve some money on the lease extension for my flat?
• I would be interested to know whether State Bank of India UK would have an internal record as to whether consent to let was granted for a specific property?
• I currently have my mortgage with State Bank of India UK and have been for the past twenty months and I am at present just wanting some insight as to whether gaining a consent to let is likely.
• I am planning on moving within the next six months and wish to let my house out. My mortgage rate is fixed with State Bank of India UK. I am concerned that a 1% increase would be too much if that was a condition of getting consent to let