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

Sainsburys Bank consent to let: Q and A’s

  • I am employed by a letting agency in loc and have been ask but a prospective tenant of a property for evidence of the ‘consent to let’ from the owners lender Sainsburys Bank. Is this a new type standard inquiry?

  • My fiance have an offer accepted to buy a property, we have a deposit of between 20-25% for a homeowner mortgage with Sainsburys Bank. The one concern is we are due to go overseas in three months for work. We are going through our mortgage broker. He says if you tell this to the lender up front you will need to get a buy to let. Do go ahead with residential mortgage with Sainsburys Bank, in a couple of months ask them if we can have consent to let? Alternatively, do we try and contact Sainsburys Bank at this point and say there is a possibility we will move abroad in the future (nothing is definite concerning the move abroad) and see if they agree in advance that it should not be an issue
  • My partner and I are intent on buying a house, letting a couple of the bedrooms out in order to cover the mortgage with Sainsburys Bank, and then moving on in two or three years - at which point the property would be fully let. Is it likely that Sainsburys Bank would look at this unfavourably as I will have been granted a domestic loan rather than a B2L or consent to let? I've read that the worst possible outcome is that they can repossess the property, is this true?
  • I am planning to lease out my apartment for 12 months from 6th September 2015. Is there a template letter I can use to send to Sainsburys Bank to apply for consent to let.
  • Can you help me understand what are acceptable reasons for leasing a property when it comes to seeking consent to let from Sainsburys Bank? Are you able to help?
  • My Sainsburys Bank mortgage rate comes to an end this September can I move to a interest only with consent to let?
  • We wish to move home and have found a property we wish to purchase so are considering letting out with consent to let from Sainsburys Bank for our current property to allow us to make an offer and not miss out on the potential new property.
  • I am interested in consent to let for my property mortgaged with Sainsburys Bank. How do I proceed? Do I have to write to Sainsburys Bank and get them to agree?