Need Help?

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

Frequently asked questions relating to Capital Home Loans consent to lease

  • I acquired a flat two years ago with a Capital Home Loans loan but want to put my flat up for rent. I want to move into a house as our family is growing now and a one room residence is not big enough - furthermore if I rent it out I can save some money. Do I need consent to let fromCapital Home Loans?
  • I would like to let my existing house as I wish to purchase a bigger house for the family. I have a fixed rate mortgage with Capital Home Loans. On the basis I get the consent to let as I understand banks are more than likely to push me towards getting BTL mortgage when the fixed term is finished. Could I refinance after two years with another lender? What consequences does that have aside from the higher rates - will I need a higher equity ratio in the property too ie lower ltv?
  • How long must you be the registered owner of a property before you can get consent to let from Capital Home Loans? If given, can it be cancelled at a later date?
  • I have a residential mortgage coming up for renewal with Capital Home Loans. I have had the house let out for two years and I think I should come clean to Capital Home Loans. I understand that it is possible to request consent to lease, but bearing in mind that the property has already been let out could they refuse - force me to go onto a BTL rate and even fine me? I have over 25% equity in the house - and the rent will more than cover the mortgage.
  • I want to take in in a lodger for my one bedroom apartment in Hounslow which I live in. My mortgage is with Capital Home Loans. Will they grant consent to let?
  • I have a mortgage with Capital Home Loans at the moment and just wondering whether Capital Home Loans currently allows consent to let
  • Are you aware of any leeway in the accepted equity ration before transferring from a current Capital Home Loans mortgage to a consent to let?
  • I am currently in the process of getting a mortgage through Capital Home Loans - I foresee that in the coming months I may decide to let out the property - how would I change the normal mortgage to a buy to let mortgage?