Need Help?

Need professional advice for your consent to let with JPMorgan Chase Bank, N.A.? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Sample questions relating to JPMorgan consent to let

  • A friend of mine suggested that this winter I rent out my apartment and make money from it during my vacation. It will only likely be for a fortnight. Will consent to let be needed from JPMorgan?

  • What options are open to me if my application for consent to lease is subsequently refused by JPMorgan?

  • I want a bit of precautionary insight to consider if consent to let is a sensible proposition. I completed the purchase of my apartment 8 months ago by transferring an existing JPMorgan mortgage product. My fixed rate finished four months ago. I'm currently considering moving in with a new partner who has his own property and mortgage also with JPMorgan, which I would not seek to be added to. I don't wish to sell my property yet because I'm unsure of whether the new move will work out. I don't want to switch to a B2L mortgage yet for 2 reasons: 1) I need to discover if it is a marketable property with rents higher than my mortgage payments and 2) I need to find extra capital to meet the 65% LTV ratio required for a buy to let loan. It would be preferable to get a consent to let from JPMorgan for a couple of years in order to be more secure in becoming a possible landlord and to generate the capital. If at the end of the consent to let period I was unsure I would probably either sell my property or, depending on the new relationship working out, reoccupy it.
  • I'm one year into a two year fixed mortgage with JPMorgan. The LTV is only 35%. I've got what I think is a really good deal on a two bedroom second floor purpose built maisonette in Southwark which I don't want to miss. It appears that the only way I can get this other property is to release most of the remaining equity. I'm thinking of letting the current home which would adequately cover the homeloan with JPMorgan. Can I get a consent to let from JPMorgan and ask for additional borrowing after it's rented?
  • Is there a maximum period that JPMorgan is willing to issue Consent To Let for?
  • I am considering moving overseas for work and would like consent to let from JPMorgan whilst I am away. Is the way forward to prepare a letter requesting consent to let and send it off in the post to JPMorgan? The point of renting the property isn't to make money but to keep the property in case things don't turn out as well as we hope
  • I took a domestic mortgage with JPMorgan, and I would like to let the property out, until I decide whether to sell or keep it as an investment. As things stand I am on the fixed rate. Will I need to remortgage? I.E. buy to let?
  • Ten months into mortgage with JPMorgan due to job offer.. need to move. Is it possible to get buy to let or consent to let.