Need Help?

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

Saffron Building Society Consent to Lease Example Support Desk Enquires

  • I have just come off a call with Saffron Building Society who have advised me that it has been brought to their attention that I have been renting the ground floor flat despite having a resi mortgage. I needed to move three years ago for childcare reasons, was unable to sell and was left with little choice to let out the property. Are you able to advise me on the financial repercussions will be for me not obtaining consent to let?
  • I want to see if I can get consent to let on my existing apartment. I have a mortgage with Saffron Building Society but my situation has changed. I'm looking to move in with my partner and daughter who have a house and is larger than my 1 bed property. I don't think I can qualify for a buy to let mortgage as I don't have the funds for a deposit nor do I earn more than £25000 a year.
  • Resulting from a redundancy we are looking to move away from Hackney and our home, potentially to a job in Amsterdam but that means we will want to let the property but don't want the cancellation fees of existing Saffron Building Society mortgage which will be exorbitant.Can Saffron Building Society refuse to grant us consent to let?
  • I currently have a mortgage with Saffron Building Society and the loan to value is currently 45% with the Saffron Building Society current book value and would like to purchase another property but do not want to sell my existing property at the current market value. I have consent to let from Northern Rock on a previous property so know a bit about them and I also have buy to let with Scottish Widows on another property. Does the expected rental income on a consent to let with Saffron Building Society need to be over and above the mortgage repayments? I have a fixed rate which I tied into a fixed rate and left the term at 19 years so it was paid off as early as possible, obviously this leaves with quite a high monthly cost.
  • I’ve already been told to write a letter to Saffron Building Society to obtain consent to let, I'm just trying to find some guidelines on the letter? What I should or shouldn't include?
  • I currently have a mortgage with Saffron Building Society, but I will soon to need move out for around 12 months as we need to be nearer to my partner's mum. Will Saffron Building Society grant consent to let?
  • Is it possible to negotiate a consent to let from Saffron Building Society if I have a current mortgage which has been in place for seven years?
  • Me and my sister and I have a mortgage with Saffron Building Society and would be thinking about purchasing another main residence and then subsequently renting our current home out. Do I need consent to let from Saffron Building Society?