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

Frequently asked questions relating to Pepper Homeloans consent to lease

  • A friend of mine has been renting her house from the same landlady for almost 18 months. Over the last six months my friend has been receiving letters from Pepper Homeloans (it is apparent from the envelope). To begin with she reposted them to the landlady's address. My suspicions were aroused as none of the landlady's post was meant to be going there. I therefore went to my friends house and phoned Pepper Homeloans on her behalf. The lady I called at Pepper Homeloans had a long list of queries, the landlady's name her current address, the tenant's name and then said they were going to investigate whether she could legallylet out the house or if it was an offence in the absence of consent to let. Can you shed anymore light on this?
  • I have a home loan with Pepper Homeloans on a flat and I intend to find a tenant for it out and rent an alternative house as a result of changes in personal circumstances - I want to move to a new location, and to live in a larger house with my partner. I sought consent to let and just got reply with a refusal as they determined that I want to invest. I as at a loss as to what my options are. I find myself at risk since I am already committed to the new property and would have to pay both the Pepper Homeloans mortgage and rent, which could expose me financially. The matter is urgent as a potential tenant waiting in the wings
  • Is it permissible to let out our house in the absence of consent to let from our mortgage provider? I know that at the time we signed a contract saying it wouldn't be a buy to let property and that we don't own other property. I know you can't use help to buy if you owned other premises at the time, but what about property thereafter? Can one purchase a further property, receive a gifted property?
  • I've been with Pepper Homeloans for just short of 2 years and have just re-fixed the mortgage rate. The LTV is in the region of 45%. A situation has arisen whereby we need to move into my elderly mother-in-law's flat to care for her, it would make sense to let our house out - do I require consent to let from Pepper Homeloans and is it likely to be granted?
  • If I am tied into a fixed rate with Pepper Homeloans but am deliberating on letting out my property, is there a charge for consent to let from Pepper Homeloans and does the interest rate increase?
  • I have a question I'd like to ask...if consent to let is granted by Pepper Homeloans would it usually be subject to a time limit, such as one year?
  • We want to move home and have found a property we wish to purchase so are considering renting out with consent to let from Pepper Homeloans for our existing property to allow us to make an offer and not miss out on the potential new property.
  • Me and my brother are considering applying to Pepper Homeloans to obtain consent to let our home, how long does it take from the point of sending the forms to us finding a letting agent and listing our house for rent? and are there any additional steps in the process?