Consent to Lease

[maddog]

Just called my mortgage provider (Halifax) as i wanted Consent to Lease my property.

 

As im on Standard Variable Rate i have been told i cannot have consent unless i move to a Consent to Lease mortage which has a higher interest rate and charges for setup etc

 

Anyone have a similar experience of this as i was under the impression i wouldnt have to make any adjustments to my current mortgage and i didnt think the interest rate would be changed etc

Edited 28 March, 2011 by maddog

[hamster]

Do they really need to know?

 

Whatever you do, except in exceptional circumstances, do not lease to family or friends. Friendly advice