Need Help?

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

Examples of recent questions relating to Pepper Money consent to let

  • Hello, I have a mortgage on an apartment with Pepper Money and I am pondering on the idea of renting my property out. Could this be done without switching my mortgage or receiving consent to let from Pepper Money?
  • A few months ago I rented out my one bedroom apartment having secured Consent to Let with my building society. 6 months have now elapsed and they have loaded my repayment percentage as previously advised. I am unable to swap to a preferable product with them, as they will remove my consent to let. Were I to go with another provider for example Pepper Money, would I need to apply for a B2L mortgage or could I simply refinance and gain consent to let?
  • We have an offer accepted to purchase a property, we have a deposit of between 10-15% for a domestic mortgage with Pepper Money. The one concern is we are due to leave the country in two months for work. We are going through our financial adviser. She says if you tell this to the lender in advance you will need to get a buy to let. Do go ahead with residential mortgage with Pepper Money, shortly thereafter seek consent to let? Alternatively, do we try and contact Pepper Money at this point and reveal there is a possibility we will move abroad in the future (I have not signed anything as yet to move abroad) and see if they confirm before hand that it wouldn't be a problem
  • Is it right that mortgage providers (I have a mortgage with Pepper Money) are taking a more accommodating approach towards consent to let? A mortgage adviser suggested that Buy to let mortgages are not regulated by the FCA whereas residential mortgages are. Therefore if I transfer from a homeowner to a Buy to let I am moving to a regulated product. He said that under the current regulation lenders are wary of letting borrowers do this, which may explain why some banks will allow borrowers obtain consent to let but not swap to a BTL mortgage. Is he plausible?
  • My fiance and I have a letter to Pepper Money requesting consent to let signed and ready, but I'm not sure what address I should forward this to. Can you please help me with the address?
  • Am I required to get consent to let if I let to a family member (in my case my Dad now lives there and contributes towards the Pepper Money mortgage)?
  • I am looking to get consent to let with my Pepper Money residential mortgage. It is a mid terraced house. Do Pepper Money grant consent on this basis? Or would it be regarded as an HMO?
  • I was just enquiring how to get consent to let from Pepper Money...do I call them or write a letter to them?