Need Help?

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

Common questions relating to Halifax consent to lease

  • I have a mortgage with Halifax however my husband and I will be relocating to Australia in January. The mortgage is in my name yet it is my husband's job that is taking us abroad how do I answer the question: 'please indicate why you wish to let the property':
  • The likelihood is that I will have the opportunity to work abroad in a couple of years. I am therefore possibly downsizing to a newbuild flat in Lewisham which I could rent out more easily when the time comes. I would aim to retain 50% equity in the new apartment which would be my home for a while. My current mortgage co will only grant consent to let for 12 months. I suspect renting it out longer term and not informing them could result in a whole heap of legal issues. BTL seems unnecessarily expensive when I will be living there, perhaps for 2-3 years initially. What product do I ask for, and from whom? Would, for example, Halifax issue consent to let for an open ended period?
  • My fiance and I are intent on buying a house, letting two of the bedrooms out to help cover the mortgage with Halifax, and then moving on in two or three years - when the property would be fully rented. How likely is it that Halifax would look at this unfavourably as I will have been issued with a domestic homeloan rather than a B2L or consent to let? I've read that in extreme situations they can sue for mortgage fraud, is this true?
  • We are planning to lease out my house for 12 months from 10th August next year. Is there conventional wording for a letter I can use to send to Halifax to seek consent to let.
  • Last month I got married and I am in the process of buying out 100% of my co-ownership mortgage with my wife. As a result we have now been given a 90% loan to value on our house. We want to buy a larger place. Will it be possible to get a consent to let on my new mortgage with Halifax to allow us to get a mortgage also with Halifax for a new home?
  • I am after further information in relation to consent to let mortgages, potentially transferring our existing mortgage with Halifax over to a consent to let one.
  • I am currently in the process of applying for a mortgage through Halifax - It is possible that in the within months I may decide to let out the property - how would I switch the FTB mortgage to a buy to let mortgage?
  • I have fixed rate mortgage with Halifax. I may have to rent out my property due to necessity. If I apply for consent to let, will I have to pay a lot more interest?