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Need professional advice for your consent to let with State Bank of India UK? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

State Bank of India UK consent to let: Q and A’s

  • My query does not relate to consent to let, I was wondering if you have an address or telephone number for a dedicated State Bank of India UK team who processes consent to let applications. State Bank of India UK has a mortgage over my home.
  • I have a residential State Bank of India UK mortgage and am keen to acquire consent to let as I would like to move to another home belongings to me. It would appear that may be able to help. How do your fees work for this service?
  • Me and my wife bought a house in 2006 on shared ownership basis, I own 50% through bank loan and rent the other percentage. Last year I purchased a new home. I let out my first house and moved to the new home. I obtained consent to let from my mortgage company and I believed I had consent to let from the housing association. Yesterday I had a letter from the housing association advising they had nothing on record indicating I had obtained permission to sublet. What are my options?
  • Is it right that mortgage companies (I have a mortgage with State Bank of India UK) have changed tune and are now taking a more lenient approach towards consent to let? A broker recently informed me that BTL mortgages are not regulated by the FCA whereas residential mortgages are. So if I switch from a owner-occupier to a Buy to let I am moving to a regulated product. His belief was that under the current regulation lenders are wary of letting borrowers do this, which is likely why some lenders will permit borrowers have consent to let but not move to a Buy to let mortgage. Is he right?
  • Just curious as to whether it is possible if you own one property with consent to let from State Bank of India UK, to buy a second with a domestic mortgage to live in. Then once the consent runs out on the first property, to switch to buy to let or sell it?
  • Not sure if you can help What do we need to do to obtain consent to let from State Bank of India UK? And what are the charges?
  • I am enquiring as to whether there are any restrictions in obtaining consent to let on a freehold property when I have a mortgage with State Bank of India UK
  • One year into a homeloan with State Bank of India UK due to work reasons need to relocate. Is it possible to get buy to let or consent to let.