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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.

Frequently asked questions relating to Hinckley and Rugby consent to lease

  • Can Hinckley and Rugby choose to operate a right to change the rates on a residential mortgage where Consent to Let at any time, onto ‘rates equivalent to their Buy to Let loans'?

  • I was hoping you could please providing me some more detail on the consent to let process. I am considering a Hinckley and Rugby mortgage on a £140,000 property in six months time. The aim would be to hold the house as a second home but I would like to know what options there are to let the property in the future. If our situation was to change the house would either be sold or rented.
  • Last September my wife and I bought our council home, in Southwark,recently valued at £175k. It's completely paid for from our own finances, mortgage fee. We are prohibited from selling (without penalty of losing some of our discount) before 5 years have gone by. Regardless, we would like to hold onto it as a investment property to rent out. We wish to release some equity via a Hinckley and Rugby mortgage. Will consent to let be given?
  • Me and my OH have a fixed mortgage with Hinckley and Rugby (with a little under eighteen months left) but due to redundancy want to move away from Essex (actually to a new job in Belgium) and so want to rent the property out. We are keen to avoid the expense of a repayment charge and understand that some lenders are willing to provide this 'consent'...what is the policy adopted by Hinckley and Rugby?
  • We have a letter to Hinckley and Rugby requesting consent to let signed and ready, but I'm not sure what address I should mail this to. Can you please help me with the address?
  • I have Hinckley and Rugby mortgage and am thinking of renting out the property. I understand I would require consent to let to do this...is that correct ?
  • I would like to know if I have a normal mortgage with Hinckley and Rugby and decide to lease it out, does the rate change and are there any supplemental costs for applying for consent to let.
  • We would like to obtain consent to let on a house where we have a mortgage with Hinckley and Rugby. If issued, how long would consent be given for? In asking for consent to let from Hinckley and Rugby are we running the risk of them forcing us to change deal to B2L