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Crazy Halifax 'consent to lease' rates - please help!

mindthegap9940 · 2011-12-21 14:18:07

Can anyone help? . . . My partner has a new (more secure) job which will be located in the south west of the country for one year (then probably back to London). We currently own a property in London and have our mortgage with the Halifax. We will need to rent the house out to cover our costs down south. I've just called…

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Thrugelmir Posts: 89,546 Forumite

21 February 2012 at 9:19AM

Ponzi wrote: »

they are forced to price their lending according to the risks associated with it....buy-to-lt being a higher risk product.

Consent to Let is not the same as Buy to Let. CTL is only temporary.

Historically CTL has incurred a 1% to 1.5% loading above residential rates. So is actually nothing new just a return to a policy of years gone by.

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