Need Help?

Need professional advice for your consent to let with Tesco Bank (a trading name of Tesco Personal Finance plc)? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Examples of recent questions relating to Tesco Bank consent to let

  • Doing everything by the book I’ve been leasing out my house with "consent to let" from Tesco Bank on a residential mortgage for the past 24 months. Tesco Bank have just written withdrawing their consent to let unless we convert to one of their "buy to let" deals.

  • I've got an existing homeloan with Tesco Bank coming up to twenty four months and the fixed rate is about to be renegotiated. We are contemplating extracting equity out of our present home to enable us to purchase a bigger house and then let out the existing garden flat. We have had initial advice that we should get a new residential mortgage allowing for consent to let - what does this mean?
  • I would like to let my current property and want to buy a bigger house for the family. I have a fixed rate mortgage with Tesco Bank. On the basis I get the consent to let as I understand lenders are more than likely to push me towards getting BTL mortgage when the fixed term comes to an end. Could I refinance after two years with another lender? Will it have to be buy to let mortgage and not a homeowner mortgage?
  • I have been in the Royal Air Force for three years and planning to buy a house with a Tesco Bank mortgage. I would like to obtain consent to let the house to my mother and father in law. In the future I plan to reside in the property myself when my military career comes to an end. Will I need to apply to my superior officer to request permission to rent it out?
  • If I were to apply for consent to let from Tesco Bank how long does it take to get consent to let after you apply to Tesco Bank. ?
  • I am seeking consent to let for my property as I am moving out for 6 months currently fixed Tesco Bank mortgage with two years which is up on December next year.
  • Me and my OH and I would like to obtain consent to let on a house where we have a mortgage with Tesco Bank. If granted, how long would consent be given for? In asking for consent to let from Tesco Bank are we running the risk of them forcing us to change deal to BTL
  • I wish to get consent to let from Tesco Bank for a few years until I hope to move onto a B2L. Is this feasible