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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.

Top Five Questions relating to Stafford Railway Building Society consent to lease

  • I have a consent to let from my existing mortgage provider which is about to expire. Since I took this out to travel and start a family. I'm not earning enough just now to pay the mortgage by myself. My lender has advised me that I can't extend my consent to let and if I continue renting out I will be in contravention of the terms of my mortgage conditions. As a result of my low income I it is likely that I will be refused to transfer to a BTL product. One option I am considering remortgaging to Stafford Railway Building Society. Are they likely to give consent to let from day one?
  • Is it possible to switch a homeowner mortgage with Stafford Railway Building Society to a consent to let. It will be less than 55% ltv and it would change from capital and interest repayment to interest only?
  • My mortgage is with Stafford Railway Building Society and wonder if I am required to notify them if we no longer reside in my house. I fear that they may up the interest rate if we move and let it out but it's not very clear what the change would be. Should I decide to lease my property out and apply for consent to let in what way would the payments increase?
  • I bought a garden flat in Southwark in 2006 and remortgaged with Stafford Railway Building Society on a rate which expires in the coming months. If I go overseas for work and want to lease out my property what would I need to do to get consent to let and what are the financial repercussions if any?
  • My OH and I are looking at new mortgages and also thinking of renting the property in the years to come - Is there a charge with Stafford Railway Building Society to receive consent to let and what are the criteria?
  • I would like some advice on how best to approach my mortgage lender Stafford Railway Building Society regarding a 'Consent-to-Let' application. Is this something you can assist me with ?
  • Please can you inform me how much the fees are and if Stafford Railway Building Society usually issue consent to let without transferring to a commercial rate?
  • I was just wondering if there are any charges in obtaining consent to let on a freehold property when I have a mortgage with Stafford Railway Building Society