Need Help?
Need professional advice for your consent to let with Handelsbanken? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.
Examples of recent questions relating to Handelsbanken consent to let
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My husband and I bought a flat in 209 for £147,000 with Handelsbanken. I got married to someone in the RAF so moved in to married quarters in Belgium and appreciate that I have to request consent to let from Handelsbanken. Do you have any experience of consent to let from Handelsbanken?
- I have a residential property but I am moving with my girlfriend to a different town for career reasons and moreover near her university. My preference is to keep my property but not sure I can afford a BTL rate. It will only be temporary -two years until my girlfriend completes her degree and I can sell, or move elsewhere. My mortgage is with Handelsbanken. Do you think they will grant consent to let?
- Am I obliged to notify Handelsbanken of my intention to rent my property out as a holiday let for twelve weeks. Can you shed any light on this? I am seeking independent advice on the insurance, legal and tax side of things .
- What is the maximum period of time permitted by Handelsbanken that I would be able to let my property before having to switch mortgage or sell my property? In essence, my partner would like me to move in with him and I really want to hold onto my house. I would like the security of knowing I still own my own property.
- Is it possible to remortgage with Handelsbanken with consent to let if my fixed rate is reaching it’s end. Circumstances would not have changed.
- I am trying to find out if Handelsbanken 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.
- I have fixed rate mortgage with Handelsbanken. I am going have to rent out my place due to necessity. If I seek consent to let, will I have to pay significantly more interest?
- We need to contact Handelsbanken to enquire about renting out my house. Do they post a document to me. Can I not download this from the site?
Find out more about how flying freeholds can affect the marketability of a property.
Information to consider in supporting the above Handelsbanken consent to let Info
Tax and Legal
There are numerous potential tax and legal (from restrictions on title, lease prohibitions to planning issues) implications when letting out your property. You should always seek the advice of a solicitor and accountant before letting out your property.
Insurance
If you hold buildings and contents insurance on your property you should review it to make sure it continues to provide the cover you need. It is also important that you update your insurance provider of your change in circumstance, as failure to notify them may trigger your insurance becoming invalid. As a minimum you should ensure that you are covered for any third party liability in respect of injuries to your tenant whilst at your property
Leasehold properties
Should the tenure of your property be leasehold, the provisions in the lease may prevent you from letting or require that you to have a license to do so from the freeholder. If such restrictions are not strictly observed you may be in breach of your covenants under the lease. This could trigger the freeholder commencing forfeiture proceedings.
Co-ownership
Failure to inform your co-owner of your intention to let could result in them taking legal action against you. Be sure to obtain their consent in writing.
If you do not keep up the payments on your mortgage with Handelsbanken your property may be repossessed