Need Help?

Need professional advice for your consent to let with Hanley Economic Building Society? 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: Hanley Economic Building Society consent to let

  • I need to see if I can obtain consent to let on my existing flat. I have a mortgage with Hanley Economic Building Society but my circumstances have changed. I'm about to move in with my partner and daughter who have a house and more room than my small apartment. I am sure that I will not qualify for a buy to let loan as I don't have the funds for a deposit nor do I earn in excess of £25000 a year.
  • Is it possible to rent out our house without consent to let from our mortgage provider? I know that initially we signed a form saying it wouldn't be a buy to let property and that we don't own other property. I know you can't use help to buy if you owned other premises at the time, but what about property after the event? Can one purchase a further property, or inherit a property?
  • We are in need of a bigger house so our children don't have to bunk together. We are planning to purchase another house in the near future. The house is worth £240,000 and we have about £65k remaining on the Hanley Economic Building Society mortgage. We would ideally like to keep this house if possible and rent it out with consent to let. Is it possible to get a mortgage on two properties at the same time or do we need to fully pay off our current mortgage first?
  • I recently got married and my wife and I would like to purchase a family home in the coming year, whilst keeping our maisonette in Haringey we currently live in to rent out. Mortgage on the flat is with Hanley Economic Building Society. I don't want to put myself in a situation with two residential properties only to be refused consent to let.
  • We are interested in finding out more about the Hanley Economic Building Society consent to let procedure and conditions for granting.
  • My husband and I have a consent to let letter that I have obtained from my management company. I presume I need to attaching this with a letter to Hanley Economic Building Society with a view to obtaining consent to let from them. What address shall I send it to?
  • Can I refinance with Hanley Economic Building Society with consent to let if my fixed rate is about to expire. Circumstances would not have changed.
  • Prospective tenants are about to move into my property and I have mortgage offer from Hanley Economic Building Society on new house on condition of consent to let for original house. How long should it take to receive letter once I send back a completed application with cheque.