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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.

Questions and Answers: HSBC consent to let

  • Soon to be packing up as my partner and I will move back to Australiain Month, initially temporarily but potentially longer term. I have contacted HSBC to obtain consent to let out our home in HSBC. I have had a mortgage with HSBC for Six years and no payments have ever been missed. HSBC tell me, that even if they grant consent to let, that this is a short term consent for 12 months. After the year is up what happens next?

  • I have a residential loan with HSBC. I wanted to purchase a further house and my financial adviser advised me to apply for a consent to let. I had formerly led to believe they will only grant consent to let where it is my intention to move back into my current home. Have I been advised correctly?
  • My wife and I have a fixed mortgage with HSBC (with a little under eighteen months left) but due to redundancy want to move away from NW London (actually to a new job in France) 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 content to grant this 'consent'...what is the approach taken by HSBC?
  • We have an offer accepted to purchase a property, we have a deposit of between 20-25% for a residential mortgage with HSBC. The small problem is we are due to go overseas in 2 months for work. We are going through our mortgage broker. She says if you tell this to the lender up front you will need to get a buy to let. Do go ahead with residential mortgage with HSBC, in a couple of months ask them if I can have consent to let? Alternatively, do we try and speak to HSBC now and disclose there is a possibility we will move abroad in the future (nothing is confirmed concerning the move abroad) and see if they confirm in advance that it should not be an issue
  • Wewant to rent out our home and purchase another. Can HSBC refuse to grant me consent to let?
  • Just wanted to know what needs to be provided to HSBC in order to get consent to let? I just finished a three year fixed mortgage and thinking of moving to another apartment with my husband.
  • I am trying to find out if HSBC will grant consent to let in a situation where we need to move closer to relatives in a different house albeit that we may move back the future if circumstances change.
  • We would like to obtain consent to let on a house where we have a mortgage with HSBC. If issued, how long would consent be given for? In asking for consent to let from HSBC are we running the risk of them forcing us to change deal to BTL