Need Help?

Need professional advice for your consent to let with Hodge Life? 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 Hodge Life consent to let

  • Is it possible to let out our property minus consent to let from our lender? I am aware that at the time we signed a declaration stating it wouldn't be a buy to let property and that we don't own other property. I know you can't use help to buy if you owned other property at the time, but what about property after the event? Can you acquire a further property, or inherit a property?
  • My brother and I jointly own a flat in Brent with a Hodge Life mortgage. I want to vacate and purchase a new property with my fiancee. How would I deal with renting out my room? Do I require consent to let by Hodge Life. My brother will remain in the flat
  • I own a home that's presently under shared ownership (My share is 50%) and I bought it in Aug 2014. I plan to go through the full purchase of the house. My partner and I also have in mind a further house that we are hoping to purchase. Mortgage in principle has been approved by Hodge Life. I want to know that I will be able to put the current house through consent to let as soon as the remainder share has been purchased so, that we can start the process of buying the new property
  • Am with Hodge Life and wonder if I am obliged to notify them if we no longer reside in my house. I fear that they could bump up the interest rate if we move and rent it out but it's not very apparent what the change would be. Should I decide to let my property out and seek consent to let in what way would the payments increase?
  • I’m about to finish the fixed rate period of my two year fix with Hodge Life and change on to the standard variable rate. Can you tell me if consent to let from Hodge Life is a foregone conclusion, if there are fees, and if there conditions?
  • What is the process for getting a consent to let application form from Hodge Life and how quickly can I get the consent?
  • Is there a set or maximum term how long I could let my home out to a family member with consent to let from Hodge Life. I no longer want to live in the area and want to buy a new home?
  • I am looking to get consent to let with my Hodge Life residential mortgage. It is a detached house. Do Hodge Life grant consent on this basis? Or would it be regarded as an HMO?