Need Help?

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

Common questions relating to Halifax consent to lease

  • Can Halifax choose to operate a right to change the rates on a standard mortgage where Consent to Let at any time, onto ‘rates equivalent to their BTL products'?

  • I am a FTB hoping to complete on a 2 bedroom house in Halifax. I have a 50% deposit and expect a mortgage from Halifax. My dilemma is that my fiancee has a flat in Birmingham and I can foresee myself moving in next year, at which point I would want to let out my property. I I know that consent to let is needed but it does not sound like a positive outcome is assured. Can you offer any advice?

  • I have my 2 bed flat in Croydon on the market but notwithstanding a few viewers there is a lack of interest so far. As a backup option I am considering renting out the property if it doesn't sell. I dont foresee a problem getting consent to let from the freeholder. My IFA has told me that in such a scenario I may have to switch to a BTL mortgage yet the chances are that I don't have enough equity needed. What's my exposure if I was to retain the existing Halifax home loan and let the property out without telling them I was told that they can put a marker on you for mortgage fraud if they find out. Is that right?
  • How long must you be the registered owner of a property before you can get consent to let ,the lender is Halifax? If granted, can it be retracted at a later date?
  • My OH and I purchased a property in London with Halifax and am moving to rent a property in Brighton due to work. Is consent to let from Halifaxpossible? I am only looking to lease out the flat for half a year before selling.
  • I have Halifax mortgage and am thinking of leasing out the property. I understand I would need a consent to let to do this...is that right ?
  • I am currently in the process of getting a mortgage through Halifax - It is possible that in the within months I may decide to rent the property out - how would I switch the normal mortgage to a buy to let mortgage?
  • Is there a time limit on a consent to let from Halifax? and do you need to get a new mortgage first or a general residential mortgage can just be changed to a consent to let after application?