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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.

Recently asked questions relating to Sainsburys Bank consent to lease

  • I was wondering if you could please providing me some advice on what the process is for applying for content to let, what do I need to do. I am considering a Sainsburys Bank mortgage on a £200,000 house later this year. The aim would be to hold the house as a second home but I need to consider what options are open to me to let the property in the future. If our situation was to change the house would either be sold or rented.
  • Earlier this year I let out my one bedroom apartment having obtained Consent to Let with my building society. Six months have now elapsed and they have upped my mortgage rate as previously advised. I am unable to port to a more favourable product with them, as they will remove my consent to let. Were I to go with another provider for instance Sainsburys Bank, would I be required to obtain a BTL loan or could I just remortgage and seek consent to let?
  • Is it possible to change a homeowner mortgage with Sainsburys Bank to a consent to let. It will be less than 70% ltv and it would alter from capital and interest repayment to an interest only mortgage?
  • In a situation where a landlord chooses to let out their property without consent to let via Sainsburys Bank - what, if any implication could there be for an agent acting for the landlord?
  • Is there a maximum period that Sainsburys Bank is willing to grant me the Consent To Let for?
  • I am thinking of renting my apartment will Sainsburys Bank invoice me for a consent to let letter?
  • My fixed rate loan with Sainsburys Bank ends in January and have to relocate for work soon after. What are the chances that I will be able to both remortgage and obtain consent to let?
  • Am I required to obtain consent to let if I let to a family member (in my case my brother now lives there and contributes towards the Sainsburys Bank mortgage)?