Need Help?

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.

Top Five Questions relating to Pepper Homeloans consent to lease

  • I was wondering if you could please providing me a little info on the consent to let process. I am thinking about taking a Pepper Homeloans mortgage on a £350,000 property in six months time. The aim would be to hold the house as a second home but I need to consider what options are open to me to let the property in the future. If our situation was to change the property would either be sold or rented.
  • I have a Pepper Homeloans mortgage and have been letting out my flat minus consent to let, which I am now led to believe means I am in contravention of my mortgage contract. They may have suspicions that I am not living there. Is my only option is to dispose of the apartment prior to being repossessed?
  • I have a Pepper Homeloans mortgage with my twin and want to move on and get a new mortgage with my partner. How do I go about leasing out my room? Would I need consent to let from Pepper Homeloans? My twin will stay in the flat
  • I refinanced with Pepper Homeloans recently, borrowing extra with the intention to extend the property. That plan has proved not to be possible and I now intend to purchase a further property for residential purposes and rent the existing property out with consent to let. Is that likely to land me in a lot of bother?
  • My Pepper Homeloans mortgage is coming up for renewal. We would like to apply for a new fixed rate mortgage and then apply for a consent-to-let. Is this possible? We don't use the house much now that our kids have grown up, and would be better used as a rental.
  • Was wondering how to precure a consent to let from Pepper Homeloans with whom I have a mortgage with. There is an outstanding balance of 57k. The value of house is 245k. Its in my name but my wife and I would like to purchase a garden flat in Redbridge we have seen together. How do we go about this?
  • Assuming that I was successful in obtaining consent to let from Pepper Homeloans, can I sell during the consent period? Is it possible that I would incur any penalties?
  • Do you know if there is usually a required loan to value amount before Pepper Homeloans will consider consent to let?