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.

Frequently asked questions relating to Pepper Money consent to lease

  • I have a consent to let from my existing mortgage provider which is about to run out. Since I took this out to travel and start a family. I'm not earning enough just now to pay the mortgage by myself. My lender has advised me that I can't extend my consent to let and if I continue renting out I will be in breach of the terms of my mortgage conditions. Due to affordability I it is likely that I will be refused to transfer to a BTL product. One option I am thinking about is remortgaging to Pepper Money. Are they likely to give consent to let from day one?
  • My husband phoned Pepper Money on Friday concerning consent to let. We are awaiting a call back. We have put an offer in on a new build property that has been provisionally accepted so would like to know how likely it is that we will obtain consent to let from Pepper Money?
  • I am planning to rent out my house for a year from 12th August 2016. Is there a standard format for a letter I can use to send to Pepper Money to seek consent to let.
  • We have a standard variable mortgage with Pepper Money that we are having difficulty receiving consent to let as a result of being in New York and renting out the property a few years ago without their consent which we did not know was required. We have a 50% LVR and have been making overpayments of £500pm for 5 years so we are not in arrears. We are willing to move onto a BTL rate with them at a loaded rate yet that has not been offered to us.
  • What do the Pepper Money terms and conditions for consent to lease look like?
  • How much is it to get a consent to let from Pepper Money on my residential property. Last week I moved in with my partner and have a family member wanting to let out the property.
  • My OH is in the process of buying a new property in Barnet and is on to a good deal as it requires some work done. We want to rent our current property for two years and then return. Is there anything in the Ts and Cs of my Pepper Money mortgage to say I can lease it out or do I require specific consent to let?
  • I am interested in further information in relation to consent to let home loans, potentially switching our existing mortgage with Pepper Money across to a consent to let one.