Need Help?

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

Examples of recent questions relating to Santander consent to let

  • A friend of mine has rented her property off the same landlady for almost 18 months. Over the last six months my friend has been receiving letters from Santander (she hasn't opened them-it is clear from the envelope). At first she reposted them to the landlady's address. My suspicions were aroused as none of her landlord’s mail was meant to be going there. I decided to go to my friends house and called Santander on her behalf. The lady I called at Santander asked all sorts of queries, the landlord’s name her current address, the tenant's name and then said they were going to investigate whether she was entitled tolet out the house or if it was an offence in the absence of consent to let. What does this mean for my friend?
  • I am buying a garden flat in Lewisham. I am only looking to be there for a year, and then move into a larger apartment. As opposed to disposing of the first apartment I would like to let it out so that it form part of an investment portfolio. Do you know if Santander would grant consent to let after 6 months?
  • How easy is it to change a standard mortgage with Santander to a consent to let. It will be less than 65% loan to value and it would alter from capital and interest repayment to an interest only loan?
  • As a result of a change in personal circumstances my husband and I are housesitting my mum and dad’s house while they are away and letting our home out. What is best way to approach my mortgage lender for a 'Consent-to-Let' ? We will need to refinance in the next year will we then have to move to a BTL mortgage. We will definitely return to our property at the beginning of 2017?
  • I took a residential mortgage with Santander, and I would like to let the house out, until I decide whether to sell or keep it as an investment. At the moment I am on the fixed rate. Will I need to remortgage? I.E. buy to let?
  • I have a mortgage with Santander and am debating whether to sell or rent in the short term but don't have the equity for a buy to let mortgage at this stage. How feasible are consent to let options currently?
  • Does my loan to value need to be at a certain level to allow me to apply for a consent to let from my mortgage lender Santander. Will any consideration be given to the fact that I only drew down on the mortgage three months ago?
  • I'm considering a remortgage offer with Santander and it's a strong possibility that I will end up asking for consent to let at some point in the fixed period. Are there any fees I should consider?