We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
When to apply for consent to let
Comments
-
The 12 month rule will almost certainly not be in the terms of your existing mortgage. It will simply be a policy of the lender.
Your current residential mortgage is just that - a residential mortgage for you to live in/use as your main home.
Applying for CTL is a request to do something outside the terms of the residential mortgage - ie to get permission to break (one of) those terms.
So the lender has no obligation to agree at all. If they do agree, they can do so on whatever new basis they wish (eg an additional interest charge, or not), or on whatever conditions they wish (eg not within the first X months).0 -
i have read on santander websites you may apply for consent to let after 6 month and i did ring them with dummy detail to confirm that . would they allow me to apply for consent to let after 6 months? they said yes so now my question is it worth trying again after 6 month ? has anybody applied for consent to let form after 6 months or sooner to this please share your experience0
-
Each application for CTL will be dealt with on it's own merits. Lenders internal policies can change at any time.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.8K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.4K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards