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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.

Top Five Questions relating to Better HomeOwnership consent to lease

  • Always on the look out for a money making scheme I am contemplating leasing out my cottage and generate some income whilst on vacation. I only plan to be away for four weeks. Will consent to let be needed from Better HomeOwnership?

  • If I were to rent out my studio flat with consent to let via Better HomeOwnership, what proof would be required of the letting? If after 1 year I decided to let it on a series of short term lets, am I still required to supply proof to Better HomeOwnership, or will they leave me alone provided i keep up with the payments? E.G. if I sublet the room separately at a later stage, is there any reason for Better HomeOwnership to know and would they take issue?
  • I'm just looking here for a my cousin as he’s at work who has a mortgage with Better HomeOwnership. He asked me to find out if there is a charge for granting consent to let? He has been offered a job overseas and wishes to rent out his flat in the interim.
  • I have a home that's currently under shared ownership (My share is 50per cent) and I bought it in July 2013. I plan to go through the full purchase of the house. Me and my wife also have in mind a further house that we are hoping to buy. Mortgage in principle has been approved by Better HomeOwnership. I would like to know that I will be able to put the existing house through consent to let as soon as the remainder share has been purchased so, that we can start the process of purchasing the new house
  • I am just finding out some information at this stage. My boyfriend has asked me to move in with him and I have been trying to sell the flat but have had no luck whatsoever despite several decreases in price. So now I want to know what I would need to do to get consent to let from Better HomeOwnership
  • My partner and I are thinking about applying to Better HomeOwnership to obtain consent to let our house, how long does it take between sending the forms to us finding a letting agent and listing our house for rent? and are there any additional steps in the process?
  • What, if any, income criteria do Better HomeOwnership set for consent to let on an existing domestic mortgage?
  • My wife and I spoken to someone at Better HomeOwnership about changing our current homeloan to consent to let (the existing fixed rate ends in spring next year). Can I just confirm that I need to formally put the request in writing explaining our change in circumstance to Better HomeOwnership? Where do I need to post it to?