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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.

Tesco Bank Consent to Lease Example Support Desk Enquires

  • I've got a current homeloan with Tesco Bank for almost twenty four months and the fixed rate is soon to come to an end. We are thinking of releasing equity out of our current residence to enable us to acquire a bigger home and then rent out the existing studio flat. We have had initial advice that we should look for a new residential mortgage allowing for consent to let - can you clarify what is involved?
  • At the moment I am tied into a rental contract until May and am buying a flat. Would my lender Tesco Bank object to granting consent to let until my tenancy ends and then moving in?
  • I wish to move house. The query I have is whether consent to let will be granted on my house for me to subsequently obtain a loan offer for the new house so I can effectively bid chain free and subsequently let my property out once I move. Does Tesco Bank issue consent to let for 12 months? If so, and the rental goes to plan is it possible for the consent to let time frame be extended?
  • I have a two year fixed rate mortgage with Tesco Bank which began in January. I will be moving out in August and have tenants ready to let my property. I need to get a letter from Tesco Bank granting consent to let until my term is up to allow me time to move onto a BTL. How do I go about this?
  • This is not a question specific to Tesco Bank but do mortgage companies usually provide the information I need for my Buy to Let or Consent to Let self-assessment tax submissions?
  • I am one year into a five year first time buyer mortgage with Tesco Bank. Just wondering whether it's permitted to let out the flat on my existing mortgage. Will Tesco Bank issue consent to let?
  • Is it possible to negotiate a consent to let from Tesco Bank if I have an existing mortgage which has been in place for eight years?
  • I am hoping to fix my residential mortgage with Tesco Bank but due to work related issues I might have to live abroad for few years. Will Tesco Bank allow and give consent to let and will any penalties be applied in such a situation