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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

  • We are a young couple and we have identified a home flat in Greenwich that we like and wish to take out a mortgage with St James Place. Our concern is that I am pregnant and might give birth very soon as I am on my 9th month of pregnancy. This wouldn't make it impossible for us to move right away so we are contemplating living with my mum and dad for the next few months. In the meantime, if we get this property, we can lease it out. We just wondering how will that work out? Are we likely to get consent to let from St James Place
  • Am in possession of a mortgage offer from St James Place, but we are running up against a serious block. My husband is a teacher in a boarding school, and as such we are provided with a residence as part of his employment. We wish to purchase a one bedroom apartment with a view to joining the property ladder, and rent it out while we're based at the school. I had thought St James Place would be willing to give consent to let from day one of the loan. It appears that I may not be able to get consent to let. Do you have any ideas what we can do?
  • I currently have a mortgage offer with St James Place. I anticipate that I will complete in the next few weeks, however I may potentially be posted abroad for work. Would it be possible for me to receive consent to let from St James Place within a few months of completing. Do I have any other options?
  • The plan is to move in with my partner and I have let my property out to two students on a one year tenancy. I am now applying for consent to let from St James Place but what if they refuse. I can’t renege on my contract in terms of not renting the students as the paperwork is finalised. On the flip-side St James Place could sue me for breach of contract i.e. letting it out without consent to let.
  • My husband and I are intending to change mortgage provider to St James Place for a fixed rate but during this period would need to rent the flat out for approximately one year. Do St James Place consent to let on fixed rate mortgages and if so, what are the costs.
  • My wife and I want to let our house out and use the rental income to pay rent on a house in Westminster. How likely are we to be given consent to let by St James Place without being forced into a new rate.
  • Is it possible to negotiate a consent to let from St James Place if I have a current mortgage which has been in place for eight years?
  • I am looking to get consent to let with my St James Place residential mortgage. It is a mid terraced house. Do St James Place grant consent on this basis? Or would it be regarded as an HMO?