Consent-to-let Help for Kent Reliance (a trading name of OneSavings Bank plc)

Sample questions relating to Kent Reliance consent to let

• Can one refinance on a consent to lease with Kent Reliance?

• I have a residential loan with Kent Reliance. I wish to buy a second house and my mortgage broker advised me to seek consent to let. I had formerly led to believe they will only accept the consent to let if I have the intention to reoccupy my current property. Did I get the right advice?
• I have an annex that my mum has vacated. As the main house is large I was considering moving into the annex and lease the rest out. This is also due to change in my personal situation. Would I need a consent to let from Kent Reliance?
• Is it possible that mortgage companies (I have a mortgage with Kent Reliance) have changed tune and are now adopting a more accommodating approach towards consent to let? A mortgage adviser recently told me that BTL mortgages are not regulated by the FCA whereas residential mortgages are. Therefore if I move from a residential to a BTL I am moving to a regulated product. His belief was that under the current regulation banks are reluctant to allow borrowers do this, which is likely why some lenders will allow customers obtain consent to let but not switch to a BTL mortgage. Is he plausible?
• My partner and I would like to let out my home. Do I simply need to send a letter to Kent Reliance asking for consent to let out the home?
• The prevailing mortgage is with Kent Reliance, but I am going to move out for approximately a year as we need to be closer to my wife’s parents. Will Kent Reliance issue consent to let?
• How much of my mortgage allowance will be made available to draw down on if I change my mortgage to a consent to let with Kent Reliance?
• I have Kent Reliance mortgage and am considering renting out the property. I understand I would need a consent to let to do this...is that true ?