Need Help?

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

Sample questions relating to Pepper Homeloans consent to let

  • I was thinking of renting out my home and make money from it while I am on vacation. I only plan to be away for a couple of weeks. Do I need consent to let from Pepper Homeloans?

  • I understand that this is a breach of Pepper Homeloans mortgage policy if I rent out my property having indicated that I intend to live there. The hope is to have the mortgage fully paid off after four years, by which time the property will be mortgage free, meaning I no longer require any consent to let. Pepper Homeloans advised me I can overpay as much as I like during the agreement. I know someone who wants to rent the property. What are the chances of Pepper Homeloans discovering that I am not residing at the address? What are the consequences of not getting consent to let? From what I have read there is a possibility of Pepper Homeloans bumping up the interest rate
  • I need to decide what to do ie let or sell. The property has a mortgage against it with Pepper Homeloans (with fair amount of equity). We are planning to move out of Bristol and if at all possible want to rent out our house with consent to let from Pepper Homeloans and use the income from that to help get approval for a 2nd mortgage for a house to live in. How can I fund a second mortgage without selling my old property and using the equity as a deposit for the new property. Is there anyway I can change my old mortgage to a buy to let mortgages or obtain consent to let and take on a second mortgage without having a deposit to put down.
  • I am in the Royal Navy and intending to buy a house using a Pepper Homeloans mortgage. I would like to be given consent to let the property to my sister. In years to come I plan to live in the property with my wife and kids when my military career comes to an end. Will I need to apply to my Commanding Officer to request permission to rent it out?
  • My circumstances have changed, and I wish to let my place out - meaning consent to let- I have approx £200K loan with Pepper Homeloans and currently 100k equity I need to side-step the redemption penalties.
  • My OH and I are looking at new mortgages and also exploring the possibility of renting the property in the years to come - Is there a fee with Pepper Homeloans to get consent to let and what are the requirements?
  • I have Pepper Homeloans mortgage and am considering leasing out the property. I am lead to believe that I would need a consent to let to do this...is that right ?
  • We have an cottage in our garden. Do we need consent to let this from Pepper Homeloans? If so, what is the process if I wish to change the mortgage to consent to let?