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.

LiveMore Consent to Lease Example Support Desk Enquires

  • I rent out my property in Barnet. I didn't apply for consent to let. I moved to Amersham for career reasons and was unable to cope with the traveling but was nervous that LiveMore would charge me silly money so I decided to take the risk. I'm looking to legitimise it now... basically continue leasing it but with consent. Can you offer any advice as to how I go about doing this?

  • Can you clarify if consent to let obligatory from LiveMore or can I lease out my basement flat without telling LiveMore and having to convert to a buy-to-let loan?

  • We have a residential mortgage with LiveMore that we are having problems negotiating consent to let as a result of being in Hong Kong and leasing the property from 2011 without their approval which we did not know was required. We have a <45% LVR and have been making overpayments of £500pm for six years so we are not in arrears. We would happily switch onto a buy to let rate with LiveMore at an increased rate yet we haven't been given that as an option.
  • Is it possible that lenders (my home loan is with LiveMore) may start adopting a more relaxed approach towards consent to let? A mortgage adviser suggested that Buy to let mortgages are not regulated by the FCA whereas residential mortgages are. So if I move from a standard to a BTL I am moving to a regulated product. His belief was that under the current regulation lenders are reluctant to allow customers do this, which is likely why some banks will permit customers apply for consent to let but not swap to a Buy to let mortgage. Is he right?
  • What is the longest period that LiveMore is willing to grant me the Consent To Let for?
  • My brother and I have a mortgage with LiveMore but am informed they have a policy that they will not issue consent to let the property to a local authority. Is this right and if so, is there a method round this?
  • I am looking to get consent to let with my LiveMore residential mortgage. It is a detached house. Do LiveMore grant consent on this basis? Or would it be regarded as an HMO?
  • We need to lease out my home to be closer to my son’s college and look after of my father. What do I need for the application of consent to let from LiveMore?