Need Help?

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

Examples of recent questions relating to Handelsbanken consent to let

  • I have a current mortgage contract with Handelsbanken and need clarify if it would be possible to receive consent to let out our garden flat in Merton.

    The purpose for wishing to find tenants for the property are as follows: -

    • Me and my wife will be migrating to Cape Town next spring.
    • In renting out the house this will enable us to make some savings to support the migration process.
    • There is little merit from a monetary perspective to pay outright for a property which we are not living and by renting out the place this would be considered as continuing investment.

    If Handelsbanken agreed that we are able to proceed with renting we would suggest some financial assurances which are as follows: -

    • Continue to pay the monthly mortgage payment by standing order.
    • Instruct an approved letting agent who will provide a rent guarantee scheme as a further financial safeguard.
    • Supply our forwarding address for when we move.
  • My mortgage is with Handelsbanken and wonder if I am required to notify them if we no longer live in the property. I fear that they could load the interest rate if we move and find a tenant but it's far from obvious what the increase would be. Should I decide to lease my house out and apply for consent to let how would the payments increase?
  • Is it right that lenders (my home loan is with Handelsbanken) may start taking a more lenient approach towards consent to let? A mortgage adviser recently told me that BTL mortgages are not regulated by the FCA whereas residential mortgages are. So if I switch from a standard to a BTL I am moving to a regulated product. He said that under the current regulation lenders are reluctant to allow customers do this, which is likely why some banks will permit customers apply for consent to let but not transfer to a BTL mortgage. Is he correct?
  • I recently got married and my wife and I would like to buy a family home in the coming year, whilst keeping our three bedroom second floor purpose built maisonette in Merton we currently live in to rent out. Mortgage on the flat is with Handelsbanken. I wish to avoid putting myself in a situation with two residential properties only to be refused consent to let.
  • Hi my partner and I own and live in 2 separate properties can I obtain consent to let from Handelsbanken and let my two bedroom ground floor purpose built maisonette out if I move in with her?
  • Is it the case that a previous extension to a mortgage term with Handelsbanken be held against us when we applied to Handelsbanken for consent to let.
  • Me and my partner and I have a mortgage with Handelsbanken on our one bedroom apartment in Hackney. We are planning to buy a new house to move into. How do I switch my existing mortgage on to consent to let?
  • I am currently remortgaging and investigating the flexibility of certain lenders when it comes to consent to let. Handelsbanken is one of the lenders I am considering. How accommodating are they when it comes to consent to let?