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.

Common questions relating to Better HomeOwnership consent to lease

  • I am about to join the property ladder looking to purchase a small house in Better HomeOwnership. I have a healthy deposit with a mortgage from Better HomeOwnership. My concern is that my girlfriend inherited a flat in Nuneaton and I can foresee myself moving in next month, when I would want to let out my property. I have heard of consent to let but it does not sound like a guaranteed option. Can you offer any advice?

  • I have had an existing mortgage with Better HomeOwnership coming up to 3 years and the fixed rate is about to come to an end. We are thinking of releasing equity out of our existing property to enable us to acquire a bigger home and then let out the existing two bedroom ground floor purpose built flat. The initial advice we received was that we should look for a new residential mortgage with a consent to let - what does this mean?
  • We have decided to lease our garden flat out. We have put an offer on a further property for us to buy and a tenant at the ready to move into ours. I assume I have to ask our mortgage provider Better HomeOwnership for consent to let. Is there a template consent to let request letter I can use?
  • How long 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 bought my apartment in Lewisham nearly two years ago and am currently on a fixed term for 3 years. Not long after I met my partner and plan to move in to his place. I am planning to get another fixed term next December. I presume that I would have to hold off for at least six months before I could request a consent to let. Is that right?
  • Were we to ask for a consent to let letter by Better HomeOwnership will we be required to switch to buy to let mortgage? We are with Better HomeOwnership and as properties are not selling at the mo and we have seen one we like we were considering letting our home out in order to purchase the new and dispose of this one when the value picks up.
  • My husband and I purchased a property in Kenton with Better HomeOwnership and am moving to rent a property in Cambridge due to work. Is consent to let from Better HomeOwnershipavailable? I am only looking to let out the flat for half a year before selling.
  • I want to take in in a lodger for my maisonette in Lambeth which I live in. My mortgage is with Better HomeOwnership. How do I go about getting a consent to let?
  • I want to get consent to let from Better HomeOwnership for a few years until I hope to transfer to a buy to let. Is this achievable