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

Recently asked questions relating to Hinckley and Rugby consent to lease

  • How simple it would be to seek consent to let with Hinckley and Rugby. I am considering fixed deals and plan to live at the property but want to know what options are open to me if work has opportunities elsewhere for example within 2 or 3 yrs Could you let me know generally how receptive Hinckley and Rugby are regarding consent to let?
  • I have found myself in the accidental landlord category and didnt inform Hinckley and Rugby. I had to leave my home for family reasons, so now rent in another part of the country. At first I tried to sell the flat, but prices were depressed, resulting in negative equity. This was three years ago in 2011, which has since seen the property price increase and has allowed me time to accumulate savings. I am in now in a position where I can now switch to a BTL mortgage and would like to remortgage at the same time. My concern is, will changing mortgage providers possibly alert Hinckley and Rugby that I have been letting without consent to let? I appreciate that I shouldn’t have done this, but circumstances left me with limited options. Have I committed a criminal offence?
  • We wish to know what the policy is for Hinckley and Rugby for consent to let. I have heard different suggestions in relation to charges and rates. I need to move area for work but I don't want to sell the property due to a depressed market.
  • I took a mortgage out on a studio flat last October however I will be working outside of commuting distance of Redbridge for the foreseeable future but hope to find work closer in the long term. Given that I recently acquired the property I will lose money if I sell and do intend to return to Redbridge so would like to keep it. How difficult is it to get consent to let from Hinckley and Rugby and what will it cost me ?
  • We have a letter to Hinckley and Rugby requesting consent to let signed and ready, but I'm not sure what address I should forward this to. Can you please help me with the address?
  • Can I remortgage with Hinckley and Rugby with consent to let if my fixed rate is coming to an end. Circumstances would not have changed.
  • I am currently in the process of getting a mortgage through Hinckley and Rugby - It is possible that in the coming months I may decide to let out the property - how would I switch the normal mortgage to a buy to let mortgage?
  • I have fixed rate mortgage with Hinckley and Rugby. I am going have to let out my house due to necessity. Were I to seek consent to let, will I have to pay significantly more interest?