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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.

Questions and Answers: Hampden consent to let

  • Please can you providing me some more detail on what the procedure is for applying for content to let, what do I need to do. I am thinking about taking a Hampden mortgage on a £350,000 property on the coming months. The intention is to hold the house as a second home but I would like to know what options are open to me to let the property in the future. If our situation was to change the house would either be sold or let out.
  • We currently have a 5 year fixed term mortgage with Hampden that we're about one year into. Our circumstances have now changed and we would like to rent out our house for a year and whilst we relocate to Enfield. How do we mitigate the possibility of Hampden rejecting consent to let.
  • My fiance and I may be presented with an opportunity to work in a different office in the UK for a three months and wish to know if we can lease out our current property. It is a 2 year fixed rate and we are four months into the mortgage with Hampden. We have lived at the property for more than four years. Our LTV is 70%. What are the chances of obtaining consent to let from Hampden? What charges can we expect to pay etc
  • My husband and I currently live in Melbourne and leasing out our flat in Southwark. This is not something we planned but an opportunity arose and we took it. The rent achieved on the property is insufficient to cover the mortgage so we send back funds each month to cover the shortfall. Anyway this morning our lender got in touch informing me that because the property is being let out and has been for nearly three years we will have to pay 1.5% interest in addition to our current mortgage rate. We could sell the apartment but this will not be easy as I am so far away. Would it be possible to remortgage with Hampden and get consent to let?
  • I was just enquiring if Hampden would issue me with consent to let and what kind of charges, penalties and new rates etc
  • The prevailing mortgage is with Hampden, but I am going to move out for approximately 12 months as we need to be closer to my partner's mum and dad. Will Hampden give consent to let?
  • I have a mortgage with Hampden on a 2 year fixed term contract. I could have chance of a teaching position overseas next summer. Would I be eligible for consent to let via Hampden if I took this opportunity abroad?
  • I have a normal mortgage with Hampden which is only six weeks in but I have been moved abroad with my job. Is it possible to obtain consent to let from Hampden for a mortgage that has only recently commenced and I have just purchased the property?