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Need professional advice for your consent to let with Hanley Economic Building Society? 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: Hanley Economic Building Society consent to let

  • Are any options available to me if my application for consent to lease is turned down by Hanley Economic Building Society?

  • I am three years up in my five year fixed rate mortgage and intend to take an overseas job so would like to rent out my home for 2 years. My LTV is about 50%. Are you able to clarify if Hanley Economic Building Society will load the interest rate for consent to let for the period that the property is tenanted?
  • Yesterday received a DIP from Hanley Economic Building Society for a mid terraced house. I have applied via a broker. It is a 20 year mortgage. I am curious as to what is the main criteria Hanley Economic Building Society adopt in order to grant borrowers consent to let? Is consent to let based on the rental multiple on a property?
  • My partner had a conversation with someone at Hanley Economic Building Society on Friday regarding consent to let. We are awaiting a call back. We have put an offer in on a ground floor flat that has been provisionally accepted so we need to know how likely it is that we will receive consent to let from Hanley Economic Building Society?
  • I am looking at moving overseas for work and would like consent to let from Hanley Economic Building Society whilst I am away. Is the way forward to prepare a letter requesting consent to let and mail it to Hanley Economic Building Society? The point of renting the property isn't to make money but to keep the property in case things don't turn out as well as we hope
  • Would a previous extension to a mortgage term with Hanley Economic Building Society be held against us when we applied to Hanley Economic Building Society for consent to let.
  • We would like to obtain consent to let on a house where we have a mortgage with Hanley Economic Building Society. If issued, how long would consent be given for? In asking for consent to let from Hanley Economic Building Society are we running the risk of them forcing us to change deal to B2L
  • What are the implication if a borrower has already leased out the property for some years as an HMO and now wish to legalise the situation with Hanley Economic Building Society by getting consent to let ? (work on the basis that Hanley Economic Building Society had in the past given a residential mortgage in the past)