Need Help?

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

Examples of recent questions relating to Better HomeOwnership consent to let

  • We just obtained consent to let from Better HomeOwnership. After some effort, Better HomeOwnership have issued me with ‘consent to let’ confirmation . There is reference to an assured shorthold tenancy. Can you explain what this is?

  • I've been with Better HomeOwnership for almost 2 years and have just renewed a fixed rate. The LTV is about 45%. Unfortunately we must move into my mum’s flat to care for her, it would make sense to let our house out - do I need to seek consent to let from Better HomeOwnership and is it likely to be granted?
  • My wife have an offer accepted to buy a house, we have a deposit of between 10-15% for a standard mortgage with Better HomeOwnership. The one concern is we may go overseas in 2 months for work. We are using a financial adviser. He says if you tell this to the lender up front we will need to get a buy to let. Do go ahead with residential mortgage with Better HomeOwnership, in a couple of months seek consent to let? Otherwise, do we try and contact Better HomeOwnership now and say there is a chance we will move abroad in the future (I have not signed anything as yet to move abroad) and see if they agree before hand that it wouldn't be a problem
  • How many months after getting a new mortgage do I have to wait before I can seek consent to let from Better HomeOwnership? By way of history I purchased my property in Wandsworth nearly two years ago and am currently on a fixed term for 3 years. I subsequently met a guy and now we are looking at moving in together. I intend to get another fixed term next June. I presume that I would have to hold off for at least 6 months before I could apply for consent to let. Is that correct?
  • I am trying to find out Better HomeOwnership fees for conversion to consent to let from a fixed rate residential mortgage?
  • Better HomeOwnership - consent to let potential. Do you have experience of the process with this lender? Do they have a minimum period prior to changing and is it possible that I would be required to make a cash injection to reduce the LTV?
  • In the event that I was successful in obtaining consent to let from Better HomeOwnership, can I sell during the consent period? Is it possible that I would incur any charges?
  • I currently have a residential mortgage with Better HomeOwnership and plan on letting due to work being based in London. In seeking consent to let from Better HomeOwnership do I run the risk of them forcing me to change deal to B2L