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.

Frequently asked questions relating to HSBC consent to lease

  • I have a house in Enfield but I am moving with my girlfriend to a different location for work purposes and moreover near her university. My preference is to keep my property but it is unlikely that I can afford a BTL rate. It will only be temporary -two years until my girlfriend completes her degree and I can sell, or move elsewhere. My mortgage is with HSBC. Is there a chance I won't be approved for consent to let?
  • I found tenants for my apartment six months ago and didn't tell HSBC. I have a three year domestic mortgage (significant equity in it, never defaulted) and want to let HSBC know and get consent to let for the remaining 24 months of my mortgage . Not sure how to go about this.
  • I am may soon need to apply for consent to let from my existing mortgage lender HSBC. A friend of mine said that he was granted ‘consent to let’ confirmation from a different lender where conditions attached to the consent referred to an AST. Can you explain what this is?
  • My wife and I are planning on purchasing a property, renting two of the bedrooms out to help cover the mortgage with HSBC, and then moving on in a few years time - at which point the property would be entirely tenanted. How likely is it that HSBC would frown upon this as I will have been issued with a standard loan rather than a B2L or consent to let? I've heard that the worst case scenario is that they can repossess the property, is this true?
  • How easy is it to obtain a consent to let from HSBC and what will it cost me? If I want to let out my property for a couple of months how easy is it to fluctuate between a residential mortgage and consent to let?
  • At the moment I do not have consent to let by HSBC but I would like to change to one, An opportunity has arisen which might involve me working away for a couple of years. But want to keep my house for my return - can you help?
  • Is there a fixed or maximum term how long I could let my property out to a family member with consent to let from HSBC. I no longer want to live in the area and want to buy a new home?
  • My OH and I would like to lease out my house to be closer to my son’s uni and look after of my father. How long will the consent to let take to get from HSBC? a month?