Need Help?

Need professional advice for your consent to let with Hampden & Co 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 Hampden consent to let

  • Me and my husband have a Hampden home loan and are are not in arrears, both employed etc. Do you know how much the fees are and if Hampden are likely to give us consent to let without transferring to a new mortgage product?

  • Is consent to let needed from Hampden or can I lease out my basement flat without telling Hampden and being forced to transfer to a buy-to-let loan?

  • We've been renting my wife's old house out with "consent to let" from Hampden on a residential mortgage for the previous two years. Hampden have just written withdrawing their consent to let unless we switch to one of their "buy to let" loans.

  • I am looking for some precautionary guidance to see consent to let is a sensible option. I bought my apartment nine months ago by transferring an existing Hampden mortgage product. My fixed rate came to an end three months ago. I'm currently deliberating moving in with a new partner who has his own property and mortgage also with Hampden, which I would not seek to be added to. I don't want to sell my property yet because I'm unsure of whether the new move will work out. I don't want to transfer to a B2L mortgage yet for 2 reasons: 1) I need to discover if it is a marketable property with rents higher than my mortgage payments and 2) I need to come up with additional capital to meet the 65% LTV ratio required for a buy to let mortgage. Ideally I would like to get a consent to let from Hampden for 1-2 years in order to be more secure in becoming a possible landlord and to raise the capital. If at the end of the consent to let period I was unsure I would probably either sell my property or, depending on the new relationship working out, resume living there.
  • I am thinking of renting my property will Hampden bill me for a consent to let letter?
  • Me and my husband want to let our house out and use the rental income to cover the rent on a house in Haringey. What are the chances of being given consent to let by Hampden without being forced into a new rate.
  • I am considering relocating with work and would need to rent my property out. I have a mortgage with Hampden. My property is worth approx £185k and owe £85k on it. How likely is it that Hampden increase my interest rate?
  • I am already leasing out my flat but may have sussed what has been going on. I have 5 months left on my fixed rate. How straightforward is it to get consent to let from Hampden. Is it just a five minute phone call, pay the charge and that's it?