Need Help?

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

Generation Home Consent to Lease Example Support Desk Enquires

  • Are you able to advise me what Generation Home charge for consent to let out part of my 2 bed flat? Any advice would be appreciated.
  • I'm looking to acquire a one bed flat in Bexley. My intention is to live there for under a year, and subsequently move into a larger flat. As opposed to selling the first apartment I'd like to rent it out so that it becomes an investment. Do you know if Generation Home would grant consent to let after six months?
  • Me and my fiance have a fixed mortgage with Generation Home (with a little over two years left) but due to redundancy want to move away from London (actually to a new job in Belgium) and so wish to let the property out. We are keen to avoid the expense of a repayment penalty and understand that some lenders happily give this 'consent'...what is the approach adopted by Generation Home?
  • I have an offer accepted to purchase a house, we have a deposit of between 20-25% for a domestic mortgage with Generation Home. The one concern is we are due to go overseas in 2 months for work. We are using a financial adviser. He says if you tell this to the lender in advance we will need to get a buy to let. Do go ahead with residential mortgage with Generation Home, in a couple of months ask them if I can have consent to let? Otherwise, do we try and contact Generation Home now and reveal there is a chance we will move abroad in the future (nothing is confirmed regarding the move abroad) and see if they confirm before hand that it wouldn't be a problem
  • Will Generation Home want to know my reasons for applying for consent to let? Should I inform them of my possible move abroad?
  • Would I be able to remortgage to Generation Home from my existing provider, with a consent to let or do I need a let to buy homeloan, and if so what are the LTV's?
  • Can you help with a question...if consent to let is granted by Generation Home would it usually stipulate a time limit, such as 6 or 12 months?
  • I have tenants ready to move in and I have mortgage offer from Generation Home on new house on condition of consent to let for original house. How long should it take to receive letter once I send back a completed application with cheque.