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Need professional advice for your consent to let with State Bank of India UK? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Questions and Answers: State Bank of India UK consent to let

  • In what circumstances will consent to let for a property be granted by State Bank of India UK? How long do you have to have had owned the property before consent to let can be obtained from State Bank of India UK? In order to give you some history we are moving abroad for a year and a half with my wife’s work and will need to rent our house. I am interested in getting a consent to let initially to be able to renting the property out to offset the costs of the State Bank of India UK mortgage.
  • I'm looking to acquire a garden flat in Tower Hamlets. I am only looking to be there for under a year, and then move into a bigger property. Rather than sell the first apartment my preference would be to let it out so that it form part of my investment portfolio. Do you know if State Bank of India UK would give consent to let in such a situation?
  • I have a residential loan with State Bank of India UK. I wish to purchase a second house and my mortgage broker recommended I apply for a consent to let. I had formerly led to believe they will only grant consent to let if I have the intention to move back into my current home. Did I get the right advice?
  • My wife and I reside in a property where there exists numerous vacant bedrooms. We are deliberating the idea of creating an holiday let type business to rent half the home out on a short term arrangement. Are you aware if this is likely to be permitted in accordance with State Bank of India UK’s standard 'consent to let' process?
  • What is the longest period that State Bank of India UK is willing to grant me the Consent To Let for?
  • State Bank of India UK residential mortgage. Will they issue consent to let a house for 2 years? I plan to return as an owner.
  • I am deliberating on renting my property will State Bank of India UK charge me for a consent to let letter?
  • Is it possible to refinance with State Bank of India UK with consent to let if my fixed rate is reaching it’s end. Circumstances would not have changed.