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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.

Hanley Economic Building Society consent to let: Q and A’s

  • Last year my husband and I purchased our council flat, in London,recently valued at £240k. It was paid for in full from our own finances, unencumbered. We are prohibited from selling (without repaying back a significant amount of the discount) before five years have gone by. Regardless, we wish to retain it as a investment property to lease out. We are considering taking out a mortgage with Hanley Economic Building Society. Will consent to let be given?
  • We are in possession of a mortgage offer from Hanley Economic Building Society, but we are running up against a serious block. My husband is a teacher in a boarding school, whereby accommodation is a perk of the job. We wish to buy a one bed flat with a view to joining the property ladder, and rent it out while we're based at the school. I had thought Hanley Economic Building Society would grant consent to let from the outset of the mortgage. It is now looking as though we may not be able to get consent to let. Do you have any advice?
  • I'm looking to apply to Hanley Economic Building Society for consent to let on my existing residential property in Croydon. I am hoping to release equity from my existing property before doing so, and making use of that money to buy a second home. I will move into that house whilst renovating it for six months at which point the intention is to sell it then move back to my current property. Is this something Hanley Economic Building Society will consider consent to let for or is that out of their criteria?
  • Twenty years ago I was issued with consent by the local council and my mortgage provider Hanley Economic Building Society to convert a small barn into a granny annex, conditional on it not being disposed of separately from my property. My parents passed away some years ago and I would now like to let it out with consent to let from Hanley Economic Building Society. Do you think this will be possible?
  • We are applying to switch lender to Hanley Economic Building Society for a fixed rate but during this period will need to rent the property out for approximately 12 months. Do Hanley Economic Building Society consent to let on fixed rate mortgages and if so, what are the costs.
  • I am interested in more information in relation to consent to let home loans, potentially moving our existing mortgage with Hanley Economic Building Society over to a consent to let one.
  • Last month bought a two bedroom ground floor purpose built flat in Newham. I am a FTB. I am moving Glasgow next month, can I get consent to let from my lender Hanley Economic Building Society or do need to wait for at least 6 months?
  • Do you know whether there a time limit on a consent to let from Hanley Economic Building Society? and do you need to get a new mortgage first or a general residential mortgage can just be changed to a consent to let after application?