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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.

Questions and Answers: State Bank of India UK consent to let

  • My brother is intent on letting his apartment out in the absence of consent to let via his mortgage provider State Bank of India UK. He has been on an interest only loan for about six years now. Currently owes £99k, having purchased the apartment for about £125k. In the absence of obtaining consent to let from State Bank of India UK, exactly what sanctions does he risk?
  • How long must you own a property before one is eligible for consent to let from State Bank of India UK? On the basis that it is granted, can it be revoked months later?
  • I have a property in Waltham Forest with a State Bank of India UK mortgage but have not lived there for a while. My sister moved in but pays no rent. At the moment I live in rented premises and am looking to purchase a house. I have identified a perfect property at reasonable price. I have sufficient for a deposit to use on the house I am interested in but would find it difficult to pay enough off the old property to switch it to a BTL mortgage at the same time. Can I change the current State Bank of India UK mortgage for my old flat into a consent to let and use my savings to pay a larger deposit for the residential mortgage on the property that I am looking to purchase?
  • Twelve years ago I was given consent by the local council and my mortgage provider State Bank of India UK to convert a small barn into a granny annex, conditional on it not being disposed of separately from the main property. My parents died some years ago and I would now like to let it out with consent to let from State Bank of India UK. Do you think this can be negotiated?
  • I am considering moving overseas for work and would like consent to let from State Bank of India UK whilst I am away. Is the way forward to complete the consent to let form and send it off in the post to State Bank of India UK? Letting the property isn't to make money but to keep the house in case things don't work out
  • I have a mortgage with State Bank of India UK on a 2 year fixed term contract. I may have chance of a teaching post overseas next July. Would I be eligible for consent to let from State Bank of India UK were I to accept this opportunity abroad?
  • I would be interested to know whether State Bank of India UK would have archive records as to whether consent to let was granted for a specific property?
  • I was just enquiring how to get consent to let from State Bank of India UK...do I call them or write a letter to them?