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.

Common questions relating to Better HomeOwnership consent to lease

  • Is consent to lease required from Better HomeOwnership or can I rent out my basement flat without telling Better HomeOwnership and having to transfer to a B2L loan?

  • A friend of mine suggested that this winter I rent out my cottage and generate some income during my vacation. It’s only for a month. Do I need consent to let from Better HomeOwnership?

  • How straightforward is it to seek consent to let from Better HomeOwnership. I'm intending to opt for a fixed homeowner mortgage and intend to reside there but want to know my options if work has opportunities elsewhere for instance within 2 or 3 yrs Please let me know how challenging it is in your experience with Better HomeOwnership?
  • I currently have a mortgage with Better HomeOwnership and the LTV is presently 60% with the Better HomeOwnership current book value and I'm looking to acquire another property but do not want to sell my existing property at the current market value. I have consent to let from Northern Rock on a previous property so know a bit about them and I also have buy to let with Accord on another property. Does the expected rental income on a consent to let with Better HomeOwnership need to exceed the mortgage repayments? I have a fixed rate which I tied into a fixed rate and left the term at 19 years so it was paid off as early as possible, obviously this leaves with quite a high monthly repayment.
  • We are planning to change mortgage provider to Better HomeOwnership for a fixed rate but the likelihood is that I will need to rent the apartment out for about 12 months. Do Better HomeOwnership consent to let on fixed rate mortgages and if so, what are the procedures.
  • Me and my partner have had my home loan with Better HomeOwnership for nine years and always made payments If I sought consent to let would it be granted?
  • I have had my mortgage with Better HomeOwnership for the past twenty months and I am at present just wanting some insight as to whether gaining a consent to let is likely.
  • I am fixing my residential mortgage with Better HomeOwnership but due to work related issues I will probably have to live abroad for a couple of years. Will Better HomeOwnership allow and grant consent to let and there be any penalty