Need Help?

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

Top Five Questions relating to Gen H consent to lease

  • I have had an existing mortgage with Gen H coming up to twenty four months and the fixed rate is due to expire. We are considering extracting equity out of our existing place to enable us to buy a more substantial house and then rent out the existing one bedroom first floor purpose built maisonette. We were originally informed that we will look for a new residential mortgage allowing for consent to let - can you clarify what is involved?
  • I rented my house out for three years from 2009-2012 while employed in New York. I have a letter dated May 2010 from my mortgage company granting consent to let. In the letter it clearly stipulates that the consent to let is valid for "the remaining term of the mortgage". I have not changed product since the letter was issued. I now plan to move house and rent out my existing house. However, my IFA has suggested that the 2010 consent to let letter may not be sufficient for the new lender Gen H for the house I wish to purchase.Can this be right
  • Am with Gen H and wonder if I am required to notify them if we no longer live in the property. I believe that they may increase the interest rate if we move and rent it out but it's far from apparent what the change would be. Should I decide to lease my house out and apply for consent to let in what way would the payments increase?
  • We are planning to lease out my house for a year from 6th August 2016. Is there conventional wording for a letter I can use to write to Gen H to apply for consent to let.
  • I am looking to Gen H to issue me with consent to let out my studio flat in Brent. I am moving in with partner, cant sell property
  • My fixed rate loan with Gen H expires in September and have to move with work then. What are the chances that I will be able to both remortgage and get consent to let?
  • Is it the case that a prior extension to a mortgage term with Gen H work against us once we applied to Gen H for consent to let.
  • I would like to rent out my property for three years max. I would like to know if I could have a consent to let by my current mortgage lender Gen H?