Consent-to-let Help for Hanley Economic Building Society

Hanley Economic Building Society consent to let: Q and A’s

• I have my one bedroom apartment in Southwark on the market but notwithstanding a few viewers there is a lack of interest so far. As a fall back position I am considering renting out the property if it doesn't sell. I dont think I will have a problem getting consent to let from the freeholder. My IFA has told me that in such circumstances I may need to switch to a buy to let mortgage yet I probably don't have sufficient equity. What's my exposure if I was to just keep the current Hanley Economic Building Society home loan and let the property out without telling them As long as the mortgage is being paid in full and on time, why would they care or check?
• I am thinking of applying for consent to let from Hanley Economic Building Society as my personal situation has changed. My stepdaughter was starting university and I concluded that we would move nearby and opted to buy a house as opposed to spend the money on renting. Since buying the house there has been breakdown in my relationship with my my step daughter and she is unwilling to live in it. Given that the whole idea was for her and the house location isn't so ideal for my work I would like to move out and let the house
• My property recently got consent to let on a domestic homeloan with Hanley Economic Building Society with the intention of transferring to a B2L rate when the fixed rate expires within the next months, so I'm not sure if this adds to the complexity of the issue! Any recommendations gladly appreciated.
• Good morning, I have consent to let my house with Hanley Economic Building Society and am now looking to give my tenant 2 months notice as I want to sell the property. I am worried about the property being vacant when the tenant goes and finding a purchaser. I have never defaulted on the account, is it likely that I would be able to take payment breaks until sold?
• My fiance and I are looking at new mortgages and also exploring the possibility of renting the property in the years to come - Is there a cost with Hanley Economic Building Society to receive consent to let and what are the criteria?
• Will Hanley Economic Building Society choose to operate a right to change the rates on a residential mortgage where Consent to Let at any time, onto ‘rates equivalent to their Buy to Let range'? Is it possible to refinance on a consent to let with Hanley Economic Building Society?
• Please could you shed light what the procedure would be if we bought a new home and need to obtain consent to let for our existing mortgage with Hanley Economic Building Society
• What happens if I have already let the property for some years as an HMO and now wish to go legit with Hanley Economic Building Society by getting consent to let ? (work on the basis that Hanley Economic Building Society had in the past issued a homeowner mortgage on it some time ago)