Need Help?

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

Sample questions relating to Hampden consent to let

  • I am a FTB interested in a 2 bedroom house in Hampden. I have a 40% deposit with a mortgage from Hampden. My dilemma is that my partner owns a apartment in Slough and I hope to be moving in next year, when I would want to let out my property. I have heard of consent to let but it does not sound like a positive outcome is assured. Can you offer any advice?

  • I rented my apartment last June and didn't tell Hampden. I have a three year homeowner mortgage (healthy equity in it, never defaulted) and want to let Hampden know and get consent to let for the final 24 months of my mortgage . I am unsure what to do.
  • I am planning to rent out my property for a year from 28th August 2016. Is there a template letter I can use to write to Hampden to request consent to let.
  • We have a self certified mortgage with Hampden that we are having difficulty negotiating consent to let as a result of being in Dubai and leasing the property a few years ago without their approval which was an inadvertent error by us. We have a <45% LVR and have been making overpayments of £500pm for three years so there are no arrears. We would happily change onto a BTL rate with them at a higher rate however we haven't been given that as an option.
  • I would like to know the criteria for consent to let from Hampden and any costs to be incurred. Last week I moved in with my wife and have a family member wanting to let out the property.
  • We are looking to place our matrimonial home on rent due to work commitments and was enquiring if this is possible to negotiate consent to let. It is on a fixed rate mortgage with Hampden until 2017 December
  • How likely is it that I can keep my existing domestic mortgage with Hampden if I start renting out? If the consent to let is granted will they load the interest rate?
  • Do you know whether Hampden will accept rental income on consent to let for affordability purposes or does it need to be on a buy to let ? Would Hampden let me raise capital based on the rental income ?