Consent-to-let Help for Hinckley and Rugby Building Society

Common questions relating to Hinckley and Rugby consent to lease

• I have a consent to let from my existing mortgage provider which is about to come to an end. I have since been traveling and had my first child. My part time salary is not sufficient just now to cover the mortgage by myself. I have been told I can't extend my consent to let and if I continue renting out I will be in contravention of the terms of my mortgage conditions. As a result of my low income I don't think the buy to let will be approved. One option I am considering remortgaging to Hinckley and Rugby. Are they likely to grant consent to let from the start?
• I have a current mortgage contract with Hinckley and Rugby and wish to clarify if it would be possible to seek consent to let out our two bedroom second floor purpose built flat in Islington.

  The purpose for needing to find tenants for the property are are due to: -

  • Me and my wife will be moving to Cape Town early next year.
  • By letting out the house this will facilitate savings to help the migration process.
  • There is little merit from a monetary perspective to pay outright for a property which we are not residing in and by renting out the property this would be viewed as continuing investment.

  If Hinckley and Rugby granted permission to us for renting we would propose some financial commitments 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.
  • Provide our forwarding details for when we emigrate.
• I am looking to apply to Hinckley and Rugby for consent to let on my current residential property in Hounslow. I am looking to draw down equity from my existing home ahead of this, and using that money to purchase a further residential property. I will stay in that house whilst renovating it for six months at which point the intention is to sell it then move back to my current property. Is this something Hinckley and Rugby will consider consent to let for or does this fall outside the standard criteria?
• I have been serving in the armed forces for six years and intending to buy a house using a Hinckley and Rugby mortgage. I would like to get consent to let the house to my mother and father in law. In years to come I would live in the property with my family when my military career finishes. Is this possible?
• How simple is it to get a consent to let from Hinckley and Rugby and what does it cost? If I want to let out my property for three months how simple is it to chop and change between a residential mortgage and consent to let?
• Morning? I am just curious if Hinckley and Rugby offer consent to let as an option if I decided to lease out my home under a homeowner mortgage. Is there a specific rule for right to buy property and consent to let?
• What information should I include in a letter asking for consent to let my house in Hillingdon? I would like to send a request to my lender Hinckley and Rugby.
• I was just enquiring how to obtain consent to let from Hinckley and Rugby...do I call them or apply formally in writing to them?