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Need professional advice for your consent to let with Stafford Railway Building Society? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Stafford Railway Building Society consent to let: Q and A’s

  • I am with Stafford Railway Building Society and just had to ask for consent to let, but it would be useful to know if they set any requirements on the level of rental income?
  • How long must one own a property before consent to let with Stafford Railway Building Society would be forthcoming? I purchased my flat with a Stafford Railway Building Society mortgage last May.
  • I understand that this is a breach of Stafford Railway Building Society mortgage policy if I let out my house having indicated that I intend to live there. The aim is to have the mortgage fully paid off after six years, by which time the property will be unencumbered, meaning I no longer require any consent to let. Stafford Railway Building Society advised me I can overpay as much as I like during the agreement. I know someone who wants to rent the property. What is the likelihood of Stafford Railway Building Society finding out? Can you set out consequences of not obtaining consent to let? From what I have read there is a possibility of Stafford Railway Building Society levying a fine
  • As a result of a change in personal circumstances my husband and I are housesitting my parents 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 twelve months will we then have to move to a BTL mortgage. We will 100% return to our flat at within the next twelve months?
  • As of today I have a mortgage with Stafford Railway Building Society. I am thinking about renting and buying another property but this is all alien to me. How do I go about procuring consent to let from Stafford Railway Building Society?
  • I have a question I'd like to ask...if consent to let is granted by Stafford Railway Building Society would it usually be restricted to a time limit, such as one year?
  • Please could you confirm what the procedure would be if we move to a second property and need to obtain consent to let for our existing mortgage with Stafford Railway Building Society
  • Me and my partner am looking into the option of renting out my flat with consent to let from Stafford Railway Building Society whist away travelling for three months