Need Help?

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.

Examples of recent questions relating to Stafford Railway Building Society consent to let

  • In July 2013 I was issued consent to let from my current mortgage provider which is about to run out. Since I took this out to travel and start a family. My part time salary is not sufficient just now to pay the mortgage by myself. I have been told I can't extend my consent to let and if I continue renting out I will be in breach of the terms of my mortgage conditions. Due to affordability I it is likely that I will be refused to transfer to a BTL product. One option I am thinking about is remortgaging to Stafford Railway Building Society. Are they likely to issue consent to let from the start?
  • What information do Stafford Railway Building Society expect to to decide whether to grant consent to let. I am on a 2 year fix with them. I have a good track record of mortgage payments over several years. I am looking at moving to Redbridge owing to surprising growth of family. My financial circumstances have not deteriorated and in fact my annual income has gone up 20% since the mortgage commenced.
  • My husband and I have a domestic mortgage with Stafford Railway Building Society. I have been offered a house as part of my job and would like to rent out my existing home. My mortgage broker has informed me it is straightforward process. Can you give me some information please?
  • I am a letting agent. If a landlord chooses to rent out their property without consent to let from Stafford Railway Building Society - what liability do I have, if any? My guess is that the landlord isn't committing a crime, however, they would be breaching their contract with the Stafford Railway Building Society, as Stafford Railway Building Society invariably need to be notified of any change in circumstances. If I turn a blind eye could I be accruing problems for myself?
  • Would a prior extension to a mortgage term with Stafford Railway Building Society be held against us when we applied to Stafford Railway Building Society for consent to let.
  • Last month I acquired a apartment with a Stafford Railway Building Society home loan. However I am currently living with mother and father. I don't want to move in until August 2017 due to personal reasons. In meantime can I rent out the property with consent to let?
  • I am fixing my residential mortgage with Stafford Railway Building Society but as a result of my job I may have to live abroad for few years. Will Stafford Railway Building Society allow and give consent to let and there be any penalty
  • My wife and I have an cottage in our garden. Do we need consent to let this from Stafford Railway Building Society? If so, what is the process if I would like to transfer my mortgage to consent to let?