Need Help?

Need professional advice for your consent to let with Better HomeOwnership ? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Better HomeOwnership consent to let: Q and A’s

  • In a worst case scenario what action Better HomeOwnership can take if I have Sublet my flat without consent to let?

  • I have to move my daughter’s school by mid-January and move to a new area. there is insufficient time to find a buyer for my house.The short term option is to lease my property out. Currently I have buildings and contents insurance. Do I need different insurance? What should request from Better HomeOwnership regards to consent to let?
  • Me and my brother are joint proprietors of a small apartment in Havering with a Better HomeOwnership mortgage. I am looking to vacate and purchase a house with my fiancee. How do I deal with leasing out my room? Do I need consent to let from Better HomeOwnership. My brother will continue to reside in the flat
  • Our present house in Redbridge has probably about £120K equity with a mortgage with Better HomeOwnership. It's a 3 bed house in a popular catchment and I think it would rent easily. We are probably moving for my husband's work and were thinking of holding onto the house on as a rental property - should we be swapping the mortgage to a B2L product or should we seek consent to let by Better HomeOwnership?
  • Please can you tell me the circumstances under which Better HomeOwnership will decline a request for consent to let?
  • Better HomeOwnership - consent to let potential. Are you able to advise on the process with this lender? Do they have a minimum period prior to changing to this and a minimum LTV?
  • We've spoken to someone at Better HomeOwnership about switching our current homeloan to consent to let (the existing fixed rate expires in june 2016). Can I just confirm that I need to send a letter setting out our change in circumstance to Better HomeOwnership? Where do I need to send the letter to?
  • I need to contact Better HomeOwnership to enquire about renting out our flat. Will they send an application to me. Is there a form I can download?