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Need professional advice for your consent to let with Hinckley and Rugby 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: Hinckley and Rugby consent to let

  • I am 2 years up in a 5 years fixed term mortgage and have accepted a job abroad so wish to rent out my home for a couple of years. My equity is around 50%. Can you tell me if Hinckley and Rugby will load the interest rate for consent to let for the period of my letting?
  • I rented my apartment a year ago and didn't tell Hinckley and Rugby. I have a five year domestic mortgage (large amount of equity in it, no arrears) and want to let Hinckley and Rugby know and get consent to let for the final two years of my mortgage . I am unsure what to do.
  • We are hoping to make use of equity in my existing house to acquire another property which I intend to live in whilst I renovate it. I would like to rent my existing property with the Hinckley and Rugby loan. I was just looking for a general view on whether Hinckley and Rugby currently allows consent to let? House is worth £350 k with a £150k mortgage in place.
  • I have been leasing my flat to a tenant for two years but not on a BTL mortgage as I naively considered that you only needed a BTL if you had more than one property. In trying to buy a further property, I found that I should have had consent to let at the outset from my mortgage provider Hinckley and Rugby. I'm curious as to whether I can now ask Hinckley and Rugby for a consent to let?
  • My wife and I have a Hinckley and Rugby home loan currently and potentially want to let it out for a limited period of time with consent from Hinckley and Rugby for (eighteen months). How long does it take to obtain consent to let?
  • This is not a question specific to Hinckley and Rugby but do mortgage companies generally supply the information I need for my Buy to Let or Consent to Let self-assessment tax submissions?
  • My marital situation has changed, and I would like to let my home out - meaning consent to let- I have approx £200K loan with Hinckley and Rugby and currently 85k equity I need to side-step the redemption penalties.
  • Do I need consent to let if I rent to a family member (in my situation my father now lives there and contributes towards the Hinckley and Rugby mortgage)?