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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.

Recently asked questions relating to Hinckley and Rugby consent to lease

  • We are FTBs, presently renting. We would ideally like to purchase a ground floor flat in Bexley. We want to move there, but will need to wait for a job - perhaps 2-3 years. Would we need to get a buy-to-let loan? Would it be possible to have a normal mortgage with Hinckley and Rugby, because we intend to move there soon? Or could we reside there for a couple of months, then start renting it with consent to let from Hinckley and Rugby? I'm only interested in suggestions that are entirely legal, and wouldn't breach the terms of the Hinckley and Rugby mortgage.
  • I am looking to move home. The query I have is whether consent to let will be given on my house for me to then obtain a mortgage for the new house so I can effectively bid chain free and subsequently let my house out should I move. Will Hinckley and Rugby give consent to let for 9 months? If so, and the letting goes well can the consent to let period be extended?
  • My husband and I currently live in Dubai and letting out our property in Enfield. This is not something we planned but an opportunity arose and we took it. The rent received on the apartment is insufficient to cover the mortgage so we transfer money each month to cover the difference. Anyway this morning our lender got in touch informing me that as the property is being let out and has been for almost three years we will have to pay 1.5% interest in addition to our current mortgage rate. One option would be to sell up but this will be difficult as I am on the other side of the world. Would it be possible to remortgage with Hinckley and Rugby and get consent to let?
  • I am planning to apply for consent to let from my existing mortgage provider Hinckley and Rugby. A colleague of mine said that he was granted ‘consent to let’ confirmation from a different lender where it stipulated that the tenancy granted must be in the form of an assured shorthold tenancy. Can you explain what this is?
  • If I am tied into a fixed rate with Hinckley and Rugby but am thinking of letting out my property, is there a charge for consent to let from Hinckley and Rugby and does the interest rate get uplifted?
  • I wishing to obtain consent to let for my property as I am moving out for nine months currently fixed Hinckley and Rugby mortgage with two years which is up on July next year.
  • My wife and I would like to obtain consent to let on a house where we have a mortgage with Hinckley and Rugby. If granted, how long would consent be given for? In seeking consent to let from Hinckley and Rugby are we running the risk of them forcing us to change deal to BTL
  • Me and my sister and I would like to lease out my home to be closer to my son’s college and take care of my father. Do I need consent to let from my lender Hinckley and Rugby?