Consent-to-let Help for Halifax

Top Five Questions relating to Halifax consent to lease

• The tenants for my property have asked for a letter by way of my ‘consent to let’ from Halifax, my bank. Why would they ask for this

• Are any options available to me if my request to obtain consent to lease is turned down by Halifax?

• My brother and I jointly own a flat in Ealing with a Halifax mortgage. I want to move out and buy a new property with my fiancee. How should I deal with sub-letting my room? Would I require consent to let from Halifax. My brother will continue to reside in the apartment
• Am I required to inform Halifax of my plan to rent a room out to a lodger. I have two spare rooms that could be used by lodgers and I was thinking that as the occupancy remains in keeping with that of the 'family' use of the property it might not require consent to let. Can you help clarify? I am taking independent advice on the insurance, legal and tax ramifications.
• My OH and I have a standard variable rate mortgage with Halifax and are considering obtaining consent to let so that we can apply for a further mortgage on another property that I own on a buy to let basis. Ahead of applying I would like to know the consequences of making the change and any facts that we need to be aware of.
• I have Halifax mortgage and am considering renting out the property. I understand I would need a consent to let to do this...is that correct ?
• Do you know if I can keep my existing homeowner mortgage with Halifax if I start renting out? If the consent to let is granted will they tie me into an increased rate?
• I took a residential mortgage with Halifax, and I would like to rent the house out, until I decide whether to sell or keep it as an investment. At the moment I am on the fixed rate. Will I need to remortgage? I.E. buy to let?