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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.

St James Place consent to let: Q and A’s

  • I need to transfer my domestic mortgage with St James Place to a consent to let and looking for some help... I acquired my first property in Hendon in 2011. After a new job opportunity I moved to Glasgow, and four months ago got a residential joint-mortgage with my partner. I am inclined to stay with St James Place and seek consent to let rather than attempt to apply for a new mortgage elsewhere, but if St James Place refuse what lenders can I approach.
  • I'm twelve months into a two year fixed mortgage with St James Place. The LTV is just 50%. I've come across a really good deal on a garden flat in Southwark which I would not want to miss. It appears that the only way I can get this other property is to take out some good chunk of equity. I'm thinking of letting the existing property which would adequately cover the homeloan with St James Place. Can I get a consent to let from St James Place and and then seek an equity release after it's let out?
  • We wish to be informed of what the policy is for St James Place for consent to let. I have come across contradictory suggestions in relation to charges and rates. I need to move area for work but can not sell the property due to a depressed market.
  • My fiance and I took a loan out on a one bedroom first floor purpose built flat last May however I will be working outside of commuting distance of Newham for the foreseeable future but hope to find work closer in the long term. Given that I recently acquired the property I will lose money if I sell and do plan to return to Newham so would like to keep it. How likely are St James Place to allow a consent to let and what are the financial implications ?
  • I am just finding out some information at this stage. My boyfriend has asked me to move in with him and I have been trying to sell the flat but have had no luck whatsoever despite several decreases in price. So now I want to know what I would need to do to get consent to let from St James Place
  • How do I go about getting a consent to let application form from St James Place and how quickly can I get the consent?
  • Please can you provide me with advice as to how to proceed with obtaining consent to let from St James Place and what, if any, cost I face.
  • I'm considering a remortgage offer with St James Place and it's likely I will need take advantage of any consent to let option if available during the fixed period. Are there any penalties I should that may be applicable?