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Need professional advice for your consent to let with Sainsburys Bank? 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 Sainsburys Bank consent to lease

  • I have a friend who is considering leasing their property out and moving in with partner. She has a house in Wandsworth and has a £80k home loan with Sainsburys Bank. What would she need to do to get consent to let if she decides to do this.
  • What information do Sainsburys Bank expect to have to make a decision on consent to let. I am on a 5 year fix with them. I have never defaulted in payments. I am planning a move to Southwark owing to surprising growth of family. My financial situation has not changed and in fact my salary has gone up 20% since the mortgage commenced.
  • I am unclear on exactly what sort of service you provide - I have a mortgage with Sainsburys Bank and I would like to apply for consent to let - do you effectively help with the application for this and help answer questions related to it?
  • I understand that this is a breach of Sainsburys Bank terms and conditions of mortgage if I rent out my house having informed that I intend to live there. The hope is to have the mortgage fully paid off after six years, by which time I will become the outright owner, meaning I no longer require any consent to let. Sainsburys Bank advised me I can overpay as little as I like during the lifetime of the mortgage. I know someone who is interested in renting the property. What checks do Sainsburys Bank do and what are the chances that they are likely to do this? Can you set out repercussions of not getting consent to let? From what I have read there is a possibility of Sainsburys Bank levying a fine
  • We are endeavouring to figure out which lenders are best for giving consent-to-let without hiking up rates, and hopefully permitting more than two years if required. Is that something you can help with? We are particularly interested in Sainsburys Bank
  • My Sainsburys Bank mortgage rate comes to an end this September can I switch to a interest only with consent to let?
  • Do you know whether there a time limit on a consent to let from Sainsburys Bank? and do you need to get a new mortgage first or a general residential mortgage can just be changed to a consent to let after application?
  • We are looking in more information about consent to let from Sainsburys Bank. Would an acceptable reason be parking problems and the house is too to small for me?