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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.

Recently asked questions relating to St James Place consent to lease

  • Due to problems with the area we live in (it's rough!), we are now looking to move. As selling the property will result in early repayment charges to St James Place of £5000, we thought that it would be sensible to rent it out. So, we need to obtain a consent to let from St James Place only for less than a year. What can I do to get consent?

  • We are a young couple and we have identified a property in Haringey that we like and want to take out a mortgage with St James Place. The issue is that I am pregnant and about to give birth very soon as I am on my 9th month of pregnancy. This wouldn't make it impossible for us to move straight away so we are contemplating living with our parents for about six months. Meanwhile, if we secure this property, we can lease it out. We just wondering how will that work out? Are we likely to obtain consent to let by St James Place
  • I obtained consent to let from St James Place in 2011 but never used it and have since refinanced with a new mortgage provider. I recently sought for consent to let. I was told it would be authorised since I met the criteria. However I received a communication advising me that I need to provide evidence from the DWP evidencing that that are aware of my current situation before they can issue consent. They said this is policy but I have not been able to find these T&Cs on their site. I did complain about the inference 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 £35 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
  • I am already a St James Place mortgage borrower seeking consent to let on my present property. We would like to purchase in close proximity to where we are based with the Royal Navy,... but we might have to relocate.
  • It would be helpful to know if on the balance of probabilities St James Place will give consent to us letting out our flat in Hounslow
  • We have a domestic mortgage with St James Place and are considering obtaining consent to let so that we can apply for a further mortgage on another property that I own on a buy to let basis. Before we apply We would be interested to know the implications of making the change and any facts that we need to consider.
  • I am currently in the process of getting a mortgage through St James Place - There is a chance that in the coming months I may decide to rent the property out - how would I swap the homeowner mortgage to a buy to let mortgage?
  • Me and my husband spoken to someone at St James Place about changing our existing mortgage to consent to let (the existing fixed rate comes to an end in summer next year). Can I just confirm that I need to formally put the request in writing setting out our change in circumstance to St James Place? Where do I need to send the letter to?