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Letting with/without permission

Does anyone have experience of permission to let a mortgaged property from the Halifax? Are they accommodating/helpful? What about if there has been arrears within the last 12 months on the account?

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Forumite
    Are you considering letting without permission?
  • Lucky71
    Lucky71 Posts: 2 Newbie
    No not at all, but interested on the process of getting permission. Do you have advice?
  • Thrugelmir
    Thrugelmir Posts: 89,546
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Forumite
    Consent to let is granted on a case by case basis.

    So the reason you incurred mortgage arrears may well influence any decision.

    Letting a property does not give a guaranteed positive return.
  • Dave_Ham
    Dave_Ham Posts: 6,045
    Tenth Anniversary Combo Breaker
    Forumite
    Search the forums here properly as there have been previous threads on this subject.

    Halifax are increasing rates on consent to let if you are on the variable and the rates are unattractive..

    Have a search and you will find beneficial information...
    I am a Mortgage Broker
    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it.
    This signature is here as I follow MSE's Mortgage Adviser code of conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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