Consent-to-let Help for Lloyds Bank Private Banking

Recently asked questions relating to Lloyds Bank Private Banking consent to lease

• I have a Lloyds Bank Private Banking mortgage on an apartment I own, in Hounslow. Last month, due to a change in personal circumstances I decided to let out this apartment, and rent a house in a different area within same loc. The personal circumstances that changed is that my partner moved in, and the flat is not large enough for our needs. I would rather not sell the flat because the current market value is 20% less than when I purchased the property in 2005. I applied to Lloyds Bank Private Banking for a consent to let which was refused as they felt that my intention was to invest in the flat. The whole process was very stressful and frustrating. There is a sense of urgencyas I have a prospective tenant waiting for this consent to let and could withdraw.I look forward to hearing from you
• Can you explain "consent to let" to me? I live in a studio flat and its in good condition. It is on the market and I can't find a buyer. This is probably due to an longstanding feud with the family next door. I was obliged to put this on the disclosure sheet. Mortgage is with Lloyds Bank Private Banking on a fixed rate. It has been suggested to me that I should get consent to let by Lloyds Bank Private Banking and rent the flat for a couple of years.
• We are planning on purchasing a house, renting a couple of the bedrooms out to help cover the loan with Lloyds Bank Private Banking, and then moving on in a few years time - when the property would be entirely rented. How likely is it that Lloyds Bank Private Banking would frown upon this as I will have been granted a owner-occupier mortgage rather than a B2L or consent to let? I've heard that in extreme situations they can repossess the property, is this right?
• At the moment I am looking to acquire my first property however, working as a freelancer. I I would like to find a lender that allows short term letting with a residential mortgage so that I could lease out the property for no more than six months with long periods of absence without being compelled to a buy to let rate. Are you able to advise me on how lenders would view this and specifically the stance taken by Lloyds Bank Private Banking.
• When it comes to consent to let from Lloyds Bank Private Banking am I supposed to inform them every time we get a new tenant and send them a duplicate of the lease document?
• We would like to move home and have found a property we wish to purchase so are considering renting out with consent to let from Lloyds Bank Private Banking for our original property to enable us to place an offer and not lose the potential new property.
• I own a leasehold flat. I would like remortgage with Lloyds Bank Private Banking and either change to buy to let or consent to let. I'm still within the redemption penalty period so not sure if it would trigger the penalty payment?
• I am thinking of moving in with my fiance at his home and would like to rent out my property that I bought twelve months ago, I'm just not sure of the process as my property is my first home. What hoops do I need to jump through to get consent to let from Lloyds Bank Private Banking If I obtain consent will my mortgage payments rise?