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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.

Top Five Questions relating to Pepper Money consent to lease

  • We've been renting my wife's old house out with "consent to let" from Pepper Money on a residential mortgage for the previous three years. Pepper Money have now advised that they are revoking consent to let if we do not switch to one of their "buy to let" products.

  • My partner and I will move back to Perthin Month, initially short-term but potentially longer term. We have just applied to Pepper Money for consent to let out our property (we have already found tenants). I have had a mortgage with Pepper Money for Six years and I have never had any arrears. Pepper Money advise, that even if they consent to the letting, that this will be limited consent for 12 months. What happens after one year?

  • My partner and I have a homeowner mortgage with Pepper Money. This has been in place for three years. We are deliberating leasing out our house and renting in an area close to our son's school until a suitable house becomes available to purchase. Do Pepper Money normally grant consent to let and do they up the mortgage rate?
  • At the moment I am looking to buy my first property however, working as a contractor. I I would like to find a lender that allows short term letting with a residential mortgage so that I could rent out the property for no more than six months with long periods of absence without being forced into a BTL product. Are you able to advise me on how lenders would perceive this and in particular the stance taken by Pepper Money.
  • I am considering moving overseas for work and would like consent to let from Pepper Money whilst I am away. Is the way forward to prepare a letter requesting consent to let and mail it to Pepper Money? Letting the property isn't to make money but to retain the property in case things don't turn out as well as we hope
  • We are interested in discovering more about the Pepper Money consent to let process and prerequisites for granting.
  • Our Pepper Money mortgage is coming up for renewal. We would like to apply for a new fixed rate mortgage and then seek consent-to-let. Is this possible? We don't use the house much now that our kids are growing up, and would be better used as a rental.
  • My fiance and I would like to obtain consent to let on a house where we have a mortgage with Pepper Money. If issued, how long would consent be given for? In seeking consent to let from Pepper Money are we running the risk of them forcing us to change deal to B2L