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.

Recently asked questions relating to Generation Home consent to lease

  • My fixed rate mortgage is approaching renewal with Generation Home. The property has been sub-let for a couple of years and I think I should informGeneration Home. My understanding is that I should seek consent to let, but given that the property has previously been let out could they deny - force me to go onto a BTL rate and even fine me? I have over 25% equity in the house - and the rent will more than cover the mortgage.
  • I have a one bedroom apartment in Camden let out which has a seventy year lease. Mortgage adviser suggested I should refinance (currently with Generation Home) as a buy to let rather than consent to let and release 45-55k which on top of a new mortgage based on income multiples would give me a budget of £200k. Limited available in Bexley for me to get my own place. To extend the lease will be approximately 19k. Should I keep or sell the flat?
  • Your view would be appreciated as to whether consent to let from Generation Home is the correct option. I acquired my property last March by porting an existing Generation Home mortgage product. My fixed rate came to an end five months ago I'm thinking about moving in with a new partner. I would prefer not to sell my house yet as I'm unsure of whether the new move will work out. I just wanted an idea of whether a consent to let from Generation Home would be possible?
  • I have been a mortgage borrower with Generation Home for 15 years. My divorce was finalised months ago and bought the ex wife out. My circumstances have changed, I would like to keep my house but move in with my new partner, renting my house out. I have been told by my mortgage advisor that I can seek consent to let by Generation Home instead of a buy to let mortgage as I haven't purchased the property in the first place in order to let, your view would be appreciated?
  • I wish to let out the attic in my house in Lewisham. Do I require consent to let from my mortgage provider Generation Home?
  • Do Generation Home give consent to let? I am just considering this in order to move house in the coming months
  • Will I need consent to let from Generation Home if I am planning to reside in the flat myself for part of the year? In addition if I obtain consent to let for a period of time, say up to twelve months, what happens thereafter.
  • Would you be able to help me? What do my wife and I need to do to obtain consent to let from Generation Home? And what are the costs involved?