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

  • We have just sorted our rates for another fixed five years with Tesco Bank. However, I attended an interview and basically I accepted the job offer in Greenwich. I'm going to rent a two bedroom flat for the family in Islington as we don't wish to sell the house whist there is a chance that we come back within a couple of years.... We really have no idea whether it will work out. We called Tesco Bank but we would like also your take on the situation. How is it to have a consent to let in that case as we just got a fixed 5 years rate we really don't want to change.
  • I rented my house out for three years between 2010-2013 while working overseas. I have a letter dated March 2010 from the building society granting consent to let. In the letter it clearly states that the consent to let is valid for "the remaining term of the mortgage". I have not refinanced since the letter was sent. I now plan to move house and rent out my existing house. However, my mortgage advisor has suggested that the 2010 consent to let letter may not be acceptable to the new lender Tesco Bank for the property I intend to purchase.Your view would be appreciated
  • I would like to be informed of what the criteria is for Tesco Bank for consent to let. I have heard differing suggestions in relation to charges and rates. I need to relocate for career reasons but can not sell the property due to a difficult market.
  • We are planning to let my flat for 12 months from 15th November 2016. Is there conventional wording for a letter I can use to send to Tesco Bank to seek consent to let.
  • I am already letting out my property but may have been found out. I have five months remaining on my fixed rate. How easy is it to get consent to let from Tesco Bank. Is it just a quick phone call, pay the charge and that's it?
  • I wish to apply for consent to let from my mortgage provider Tesco Bank to rent out my property. . Can you tell me whether Tesco Bank allow consent to let in this situation?
  • I would like details of how to proceed with obtaining consent to let from Tesco Bank and what, if any, fees I face.
  • Eleven months into mortgage with Tesco Bank due to job offer.. need to move. Is it possible to get buy to let or consent to let.