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.

Better HomeOwnership consent to let: Q and A’s

  • In a worst case scenario what action Better HomeOwnership can take if I have Sublet my flat without consent to let?

  • I have to move my daughter’s school by mid-January and move to a new area. there is insufficient time to find a buyer for my house.The short term option is to lease my property out. Currently I have buildings and contents insurance. Do I need different insurance? What should request from Better HomeOwnership regards to consent to let?
  • Me and my brother are joint proprietors of a small apartment in Havering with a Better HomeOwnership mortgage. I am looking to vacate and purchase a house with my fiancee. How do I deal with leasing out my room? Do I need consent to let from Better HomeOwnership. My brother will continue to reside in the flat
  • Our present house in Redbridge has probably about £120K equity with a mortgage with Better HomeOwnership. It's a 3 bed house in a popular catchment and I think it would rent easily. We are probably moving for my husband's work and were thinking of holding onto the house on as a rental property - should we be swapping the mortgage to a B2L product or should we seek consent to let by Better HomeOwnership?
  • Please can you tell me the circumstances under which Better HomeOwnership will decline a request for consent to let?
  • Better HomeOwnership - consent to let potential. Are you able to advise on the process with this lender? Do they have a minimum period prior to changing to this and a minimum LTV?
  • We've spoken to someone at Better HomeOwnership about switching our current homeloan to consent to let (the existing fixed rate expires in june 2016). Can I just confirm that I need to send a letter setting out our change in circumstance to Better HomeOwnership? Where do I need to send the letter to?
  • I need to contact Better HomeOwnership to enquire about renting out our flat. Will they send an application to me. Is there a form I can download?