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

Questions and Answers: Teachers Building Society consent to let

  • Finding myself in an impossible situation with a Consent to Let mortgage. In response to requesting consent to let the bank has requested evidence of a signed tenancy agreement before they will grant permission. Is is not the case that if I adhered to their request that I would be breaching the terms of my existing mortgage?

  • I'm currently seeking a mortgage as first time buyer and considering Teachers Building Society with my mortgage adviser. Suppose I choose a five year fixed rate I move in the property and after one year, I come to get an opportunity of work relocation requiring moving to a different country. Where Teachers Building Society grants me consent to let,would the rate increase?
  • Me and my partner hope to buy a place together. Idea is for me to get consent to let my flat from Teachers Building Society. Thinking a little down the line however - when my 2 year fixed period expires - how would it work if I wanted to refinance my flat?
  • Need some advice regarding leasing a property and consent to let. I plan to move in with my partner. The council would like to rent my flat for five years guaranteed with rent being paid and maintenance. The mortgage is with Teachers Building Society. Please help
  • Were we to request a consent to let letter from Teachers Building Society will we be forced to convert to buy to let mortgage? We are with Teachers Building Society and as houses are not currently selling and we have seen one we like we were considering letting our home out in order to purchase the new and sell this one when the value improves.
  • We would like to obtain consent to let on a house where we have a mortgage with Teachers Building Society. If granted, how long would consent be given for? In asking for consent to let from Teachers Building Society are we running the risk of them forcing us to change deal to BTL
  • Is consent to let a cheaper way of renting out your property? Isn't this a loophole for some borrowers to exploit?
  • I got a domestic homeloan with Teachers Building Society. I purchased the property in November last year. Is it possible to get consent to let.