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.

Common questions relating to Stafford Railway Building Society consent to lease

  • Last week offered a job abroad and considering whether it's worth letting my property out. Will Stafford Railway Building Society permit me to change mortgage or grant consent to let? If not I will have to think about whether it's worth taking the job. I have no objection to paying more as I intend to return and move into my home after 1 to 3 years. I'm not doing it to to make money. Just love my property and wish to return to it one day.
  • I would like to let my garden flat out from the end of June this year as I will be travelling for a few months. I have a domestic mortgage with Stafford Railway Building Society. I will not be letting for more than six months. Most likely it will be four months. I have been told to get consent from my freeholder first? Please can you suggest what I should be doing in what order?
  • Due to meet with my broker on Friday. I am going to seek Consent to Let from my current lender Stafford Railway Building Society. My new property in Brent will be 90% LTV. I have been told by a friend that some lenders dont want consent to let customers and I may encounter difficulties regarding my new mortgage. Am I likely to encounter this problem?
  • Last week I received a mortgage in principle from Stafford Railway Building Society for a freehold property. I have applied via a broker. It is a 20 year mortgage. I am curious as to what is the main criteria Stafford Railway Building Society adopt in order to allow customers consent to let? Is consent to let based on the rental amount for a property?
  • My husband and I are planning to move to the US for a couple of years for my job but I don't want to convert my mortgage to BTL as I want to move back into it when I return. Do you know if Stafford Railway Building Society charges additional interest? Is there any work around?
  • Am I required to wait for consent to let to be granted on my existing domestic mortgage with Stafford Railway Building Society before applying for a resi mortgage on a second property?
  • Stafford Railway Building Society - consent to let potential. Do you have experience of the process with this lender? Do they have a minimum period prior to changing and is it possible that I would be required to make a cash injection to reduce the LTV?
  • We have a new mortgage however my girlfriend doesn't feel safe in the property due to other tenants in the block. I know that many lenders have a 6 month thing before consent to let - does this apply to all lenders. Is there any way Stafford Railway Building Society would grant consent to let from day one?