Consent-to-let Help for Hodge Equity Release

Sample questions relating to Hodge Equity Release consent to let

• Doing everything by the book I’ve been leasing out my house with "consent to let" from Hodge Equity Release on a homeowner mortgage for the previous two years. Hodge Equity Release have put forward an ultimatum revoking consent to let if we do not transfer to one of their "buy to let" products.

• Under what situations will consent to let for a property be issued via Hodge Equity Release? For what period of time do you have to have had the mortgage before consent to let can be negotiated with Hodge Equity Release? In order to give you some perspective we are going abroad for a year and a half with my husband's work and will need to rent our property. I would be interested in obtaining consent to let initially to be able to renting the property out to cover the costs of the Hodge Equity Release mortgage.
• Our existing property in Lewisham has approximately £80K equity with a home loan with Hodge Equity Release. It's a nice family house in a popular catchment and it should rent easily. We are probably moving for my husband's work and were considering keeping this house on as a rental property - would we need to change the mortgage to a buy to let product or should we request consent to let by Hodge Equity Release?
• I am looking for our family to move to give us all more space. We are thinking about buying another house next year. Our house is estimated to be worth £240,000 and we have about £70k left to pay on the Hodge Equity Release mortgage. We would ideally like to keep this house if possible and lease 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?
• We are trying to figure out which lenders are best for giving consent-to-let without hiking up rates, and hopefully allowing more than two years if required. Is that something you can help with? We are particularly interested in Hodge Equity Release
• We are about to change mortgage provider to Hodge Equity Release for a fixed rate but the likelihood is that I would need to rent the flat out for approximately 12 months. Do Hodge Equity Release consent to let on fixed rate mortgages and if so, what are the procedures.
• I have a residential home. I would like remortgage with Hodge Equity Release and seek consent to let. I'm still inside the redemption penalty period so not sure if there such a thing as porting to some property?
• I am interested in some advice on how best to approach my mortgage company Hodge Equity Release regarding a 'Consent-to-Let' application. Is this something you can assist me with ?