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

Habito consent to let: Q and A’s

  • Finding myself in a difficult predicament with a Consent to Let home loan. Reacting to my requisition for consent to let my bank has requested evidence of a signed Assured Shorthold Tenancy before they will grant permission. Is is not the case that if I adhered to their request that I would be breaching the terms of my existing mortgage?

  • Eighteen months ago my wife and I bought our council home, in Hackney,recently valued at £240k. It's completely paid for from our own finances, mortgage fee. We can't sell (without penalty of losing some of our discount) before five years have passed. Regardless, we wish to retain it as a investment property to lease out. We wish to release some equity via a Habito mortgage. Will consent to let be given?
  • I took out a normal mortgage with Habito last September and then had to relocate due to my job, I am now considering letting my flat out for a few months whilst I am away. Am I able to get a consent to let from Habito, and what effect would this have?
  • I am planning on purchasing a property, letting two of the rooms out in order to cover the mortgage with Habito, and then moving on in two or three years - when the property would be entirely tenanted. How likely is it that Habito would look at this unfavourably as I will have been given a owner-occupier homeloan as opposed to a B2L or consent to let? I've heard that the worst possible outcome is that they can sue for mortgage fraud, is this right?
  • I took a domestic mortgage with Habito and my circumstances have changed due to family, can I obtain consent to let. What changes will affect me?
  • We are close to purchasing a place and plan to live in it once we have refurbished but we may need to let the property out but not sure what the criteria is for consent to let from Habito? We don't require a buy to let mortgage because we are not certain if we will need to let it out at all
  • Me and my husband want to let our house out and use the rental income to pay rent on a house in Bexley. How likely are we to be given consent to let by Habito without being forced into a new rate.
  • One year into a homeloan with Habito due to job offer.. need to relocate. Do you think I can get buy to let or consent to let.