Consent to Let - Sainsbury's Bank Requirements
All lenders have their own requirements when it comes to consent to let. This page sets out to enlighten conveyancing firms on the Sainsbury's Bank conveyancing panel where the firm’s client proposes to let out their property. Lawyers should still check the CML handbook requirements for Sainsbury's Bank. The information on this page is not focused on buy-to-let requirements but is restricted to situations where the borrower will need consent to let from Sainsbury's Bank.
Need help with "Consent to Let" from Sainsbury's Bank?
Sainsbury's Bank requirements state that if prior to completion of the conveyancing retainer, the borrower informs you of an intention to let the property you should advise the borrower that any letting of the property is prohibited without prior consent to let from Sainsbury's Bank. If the borrower wishes to let the property after completion then an application for consent to let should be made to Sainsbury's Bank by the borrower.
The application for consent to letting should be made to:
Sainsbury’s Bank Mortgages, PO Box 12, Gateway House, Gargrave Road, Skipton, BD23 2HL
The above information is in relation to properties in England and Wales.
Other sites are avaialble targeted to borrowers for information and help on consent-to-let with Sainsbury's Bank.
Consent-to-let requirements differ from the Sainsbury's Bank buy-to-let requirements.
Find out how to order your redemption statement request from Sainsbury's Bank