Need Help?

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

Sample questions relating to LiveMore consent to let

  • I obtained consent to let from LiveMore in 2011 but never used it and subsequently refinanced with a new lender. I recently applied for consent to let. I was told it would be authorised since I met the criteria. Yet recently got a letter advising me that I must provide evidence from the DWP evidencing that that are aware of my current situation before they can provide consent. They said this is policy but I have not been able to find these conditions on their site. I did complain about the inference that I might intend to continue to claim help with interest from the DWP whilst receiving rental on the property. They apologised and offered to deposit £25 in my account . However i still am unable to locate this term and condition and i feel this is otherwise inappropriate I want to let my property as a way of releasing me from redress to social benefits not in order to discontinue claiming
  • How much does it cost to obtain consent to let via LiveMore and is there a minimum period of time I should have lived in the property?
  • My husband and I currently live in NYC and renting out our apartment in the UK. This was unplanned but an opportunity presented itself and we took it. The rental income is not enough to cover the mortgage so we transfer money each month to make up the difference. Yesterday I got a letter in the mail from our lender telling me that as the property is being let out and has been for nearly three years we will have to pay 1.5% interest on top of our current mortgage rate. One option would be to sell up but this will be difficult as I am so far away. Would it be possible to remortgage with LiveMore and get consent to let?
  • We are planning to let my apartment for a year from 5th October 2016. Is there conventional wording for a letter I can use to send to LiveMore to seek consent to let.
  • How easy is it to obtain a consent to let from LiveMore and what will it cost me? If I want to let out my property for a few months how easy is it to chop and change between a owner occupier mortgage and consent to let?
  • I am interested in finding out more about the LiveMore consent to let process and prerequisites for granting.
  • Is consent to let a cost efficient way of renting out your property? Isn't this a loophole for some borrowers to exploit?
  • I got a standard mortgage with LiveMore. I purchased the property in November last year. How difficult will it be to get consent to let.