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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.

Top Five Questions relating to St James Place consent to lease

  • I was hoping you could please providing me a little info on the consent to let process. I am considering a St James Place mortgage on a £140,000 property Autumnnext year. The intention is to hold the house as a second home but I would like to know what options there are to let the property in the future. If our circumstances were to change the property would either be sold or rented.
  • I obtained consent to let from St James Place 3 yrs ago but failed to need it and subsequently refinanced with another mortgage provider. I recently sought for consent to let. I was informed that it would be given since I met the criteria. Yet recently got a communication advising me that I must provide evidence from the DWP confirming that that are aware of my current situation before they can provide consent. They said this is policy but I have not been able to find these conditions on their site. I did complain about the insinuation that I might intend to continue to claim help with interest from the DWP whilst receiving rental on the property. They apologised and offered to deposit £25 in my account . However i still am unable to locate this term and condition and i feel this is otherwise inappropriate I want to let my property as a way of releasing me from redress to social benefits not in order to discontinue claiming
  • At the moment have a five year fixed term home loan with St James Place that we're approximately a year into. Our situation has now altered and we wish to let out our house for a while and move to another town. How do we minimise the risk of St James Place rejecting consent to let.
  • I have a two year fixed rate mortgage with St James Place which began in February. I will be moving out in in two months and have people ready to rent my property. I need to get a letter from St James Place granting consent to let until my term is up to allow me to refinance. What is the process for going about this?
  • How easy is it to get a consent to let from St James Place and what will it cost me? If I want to let out my property for three months how simple is it to chop and change between a standard mortgage and consent to let?
  • I was just enquiring if St James Place were picky when giving out consent to let. I sent my request on date and I am waiting to hear back. Should I start chasing or wait for a bit longer?
  • I am planning on moving inside the next 6 months and would like to lease my property out. My current rate is fixed with St James Place. I am worried a 1% increase would be too much if that was a condition of obtaining consent to let
  • One year into a homeloan with St James Place due to job offer.. need to move. Is it possible to get buy to let or consent to let.