Need Help?

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

Sample questions relating to HSBC consent to let

  • Will HSBC activate a right to put a loading on my interest rate on a residential mortgage where the lender has granted Consent to Let at any time, onto ‘rates equivalent to their BTL products'?

  • What options are open to me if my request for consent to let is rejected by HSBC?

  • What information do HSBC require to to determine whether to grant consent to let. I am on a two year fix with them. I have always paid the mortgage on time. I am looking at moving to Lambeth owing to surprising growth of family. My financial situation has not changed and in fact my salary has gone up thirty per cent since I took the mortgage out.
  • What is the process for obtaining consent to let from HSBC? What information do they need? is there a fee to pay? Is consent generally limited in time and if so, for how long? Do I need to renew it annually? What if I obtain a consent but decide to sell the property rather than lease out the property?
  • If we ask for a consent to let letter by HSBC will we be forced to change to buy to let mortgage? We are with HSBC and as properties are not selling at the mo and we have seen one we like we were leasing our home out in order to purchase the new and sell this one when the local market improves.
  • Do I need to wait for consent to let to be issued on my existing domestic mortgage with HSBC before applying for a resi mortgage on a second property?
  • I have had my home loan with HSBC since 2005 with no arrear If I sought consent to let would it be given?
  • My daughter has a mortgage with HSBC and she wants to lease her apartment out as she moving in with her boyfriend.Will she be given consent to let? What is the procedure and charges involved?