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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.

Questions and Answers: Sainsburys Bank consent to let

  • I am a FTB interested in a small house in Sainsburys Bank. I have a 50% deposit with a mortgage from Sainsburys Bank. My dilemma is that my fiancee has a apartment in Dover and I hope to be moving in next year, at which point I would have to let out my house. I understand that consent to let is required but it does not sound like a positive outcome is assured. Is there any advice you can impart?

  • Where a property owner opts to rent out their property in the absence of consent to let by Sainsburys Bank - what, if any implication might there be for an agent acting on their behalf?
  • My partner and I have a flat in Lambeth which we acquired as a new-build just over eight years ago. As we've now got a young son we require more space. We've identified a property in Hackney that we wish to buy and want to keep the flat as an investment to rent out. The mortgage is with Sainsburys Bank and we've found a tenant who will pay rent in excess of the monthly mortgage amount. Our query is, can we keep the repayment mortgage with Sainsburys Bank so we effectively paying off our loan on the flat or must we to switch to a buy-to-let mortgage?
  • I am on a 2 year fixed rate mortgage with Sainsburys Bank which began in January. I will be moving out in July and have tenants ready to lease my property. I need to get a letter from Sainsburys Bank granting consent to let until my term is up to allow me to refinance. How do I go about this?
  • Is there a maximum period that Sainsburys Bank is willing to issue Consent To Let for?
  • I have a residential mortgage with Sainsburys Bank and require consent to let. What are the factors and procedures that I need to be aware of in order to obtain consent?
  • We took out a mortgage with Sainsburys Bank a few months ago and although it's still early days we may have to relocate around next September or October and would like to be able to lease our flat out. Is this possible with a homeowner mortgage?
  • I have a mortgage with Sainsburys Bank but am wanting to rent my house out and move in with my fiance and baby what would I have to do to obtain consent to let?