Need Help?

Need professional advice for your consent to let with HSBC Bank plc? 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 HSBC consent to lease

  • I want to buy a second house having recently bought a three bedroom ground floor purpose built flat on normal mortgage. Looking to purchase next year. I am told that I may have to get a consent to let from HSBC, my current mortgage provider? What is the best way to go about this and get the consent required.
  • Having spent ten years in Manchester, I'm considering relocating to be nearer to family. We've only been homeowners for the last two years and about to remortgage with HSBC. In the relocation destination, we are be looking at a 3-bed house around the £350k mark. Ideally, we would like to keep hold of my existing property. Could I ask for Consent to Let from the proposed new mortgage provider HSBC. If granted what are the likely requirements?
  • What is the maximum period of time permitted by HSBC that I would be able to let my property before being required to switch mortgage or sell my house? In essence, my boyfriend has asked me to move in with him and I really want to hold onto my house. I would like the fallback of knowing I still have my own home.
  • My understanding is that this is a contravention of HSBC terms and conditions of mortgage if I lease out my property having indicated that I intend to live there. The aim is to have the mortgage fully paid off after five years, by which time I will become the outright owner, meaning I no longer require any consent to let. HSBC advised me I can overpay as little as I like during the lifetime of the mortgage. I know someone who wants to rent the property. What checks do HSBC do and what are the chances that they are likely to do this? Can you set out consequences of not obtaining consent to let? From what I have read there is a possibility of HSBC levying a fine
  • What's the rules of consent to let for HSBC?
  • My wife and I are planning to relocate to Australia for a couple of years for my job but I don't want to change my mortgage to BTL as the intention is to reoccupy it when I return. Do you know if HSBC charges additional interest? Is there any way around this?
  • I have just recently bought my home and took out a mortgage with HSBC but my boyfriend has asked me to move in with him. Would I be granted consent to let?
  • I'm considering a remortgage offer with HSBC and it's a strong possibility that I will require consent to let during the fixed period. Are there any penalties I should be aware of?