Need Help?

Need professional advice for your consent to let with Hodge Equity Release? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Hodge Equity Release Consent to Lease Example Support Desk Enquires

  • I acquired a garden apartment in 2010 for 155,000 with Hodge Equity Release. I got married to someone in the RAF so moved in to married quarters in Belgium and appreciate that I have to obtain consent to let from Hodge Equity Release. Will they grant consent?

  • Me and my OH have a fixed mortgage with Hodge Equity Release (with a little over eighteen months left) but due to redundancy want to move away from London (actually to a new job in Holland) and so want to let the property out. We don't want to have the expense of an early redemption charge and understand that some lenders are content to provide this 'consent'...what is the approach taken by Hodge Equity Release?
  • I have a apartment in Ealing with a Hodge Equity Release mortgage but have not lived there for a while. My sister moved in but pays no rent. At the moment I live in rented accommodation and am keen to purchase a house. I have come across a great property at an attractive price. I have sufficient for a deposit to use on the house I am interested in but would be hard pushed to pay enough off the old property to switch it to a buy to let mortgage at the same time. Can I change the current Hodge Equity Release mortgage for my old property into a consent to let and use my savings to pay a larger deposit for the domestic mortgage on the property that I want to buy?
  • Given we are relocating and failing to sell our house, we are mulling over renting it out. Am I required to disclose this to Hodge Equity Release? I have a hunch that Hodge Equity Release might change our terms. I was thinking that as long as I continued making my monthly payments it shouldn't be an issue, but am now nervous about insurance ramifications if I have let my property out on the sly. Any advice?
  • How much of my loan allowance will be made available to draw down on if I switch my mortgage to a consent to let with Hodge Equity Release?
  • How much is it to get a consent to let from Hodge Equity Release on my residential property. Recently I have moved in with my partner and have a friend renting from me.
  • Will Hodge Equity Release choose to exercise a right to convert the rates on a residential mortgage where Consent to Let at any time, onto ‘rates equivalent to their B2L range'? Can one refinance on a consent to let with Hodge Equity Release?
  • I am trying to investigate if it is possible to get a consent to let home loan with Hodge Equity Release rather than a buy to let mortgage