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

Common questions relating to St James Place consent to lease

  • Exciting times as my better half and I will move back to Tokyoin Month, possibly short-term but potentially longer term. We have just applied to St James Place to obtain consent to let out our home in St James Place. I have been with St James Place for 6 years and the account is up to date with no current arrears. St James Place say, that even if they grant consent to let, that this will be limited for one year. Do I then need to reapply?

  • Finding myself in a catch 22 with a Consent to Let mortgage. Reacting to my requisition for consent to let the lender has asked me to provide them with an executed Assured Shorthold Tenancy prior to issuing consent. Is is not the case that if I adhered to their request that I would be breaching the lender’s terms and conditions?

  • Due to a change in personal circumstances my wife and I are moving to 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 remortgage in the next year will we then transfer to a BTL product. We will 100% return to our property at the beginning of 2017?
  • How long after taking out a new mortgage will a consent to let be likely to be given by St James Place? By way of history I purchased my apartment in Barnet nearly two years ago and am currently on a three year fixed rate. I subsequently met a guy and plan to move in to his place. I intend to get a better fixed term next October. I assume that I would have to hold back for at least 6 months before I could seek consent to let. Is that right?
  • My wife and Iwould like to let our home and purchase another. What do I need to supply St James Place to get consent to let?
  • We are having to relocate to the US for a couple of years for my job but I don't want to switch my mortgage to BTL as I want to reoccupy it when I return. Do you know if St James Place charges extra on the interest? Is there any work around?
  • Evening? I am just wondering if St James Place offer consent to let as an option if I decided to lease out my home under a homeowner mortgage. Is there a specific rule for right to buy property and consent to let?
  • Are you aware of any discretion in the accepted equity ration before switching from a current St James Place mortgage to a consent to let?