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  • Mortgages & Finance

    Consent to Let

    Hi,

    I know the best answer will be "ask your lender" but in any case, hope you guys can help!

    I own a small one bed with my ex-partner who now lives abroad and I have been living here for 2+ years. I am planning on moving into a larger rental with my current partner so I applied for a consent to let with Halifax as my ex wants to move back into the flat when she returns (likely in 2-3 years).

    I've received the Consent to Let for 12 months up until mid September 2020. My 2 year fixed ends in October 2020.

    However, as I haven't yet started the process of moving out or even looking for tenants, how do you square the circle of having a tenancy agreement that is most likely going to run over the Consent to Let timeframe?

    Any answers most welcome!

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    Hi Paul,

    I am sure there will be a little bit of leeway.  The most important thing is to keep your lender informed.

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    And of course a tenant does not have to leave at the end of a tenancy fixed term, typical evictions taking 7-8 months from valid s21..  Impossible to avoid possibility of run-over.

    £25 to an agreed(**) housing charity if there are evidenced cases of a lender re-possessing for such a run over.  Yes, £25!

    ** Charity to be agreed between case & evidence providing claimant & me.

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