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Need professional advice for your consent to let with TSB plc? 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: TSB consent to let

  • Colin (my husband) and I may need to lease our Bromley home temporarily due to me taking a sabbatical. This will be for a limited period but possibly for as long as 2 years. Must I notify TSB or am I best advised to just keep quiet?

  • I have to move my son’s school by mid-January and move to a new area. I don't have time to sell my house.The only way I can see of doing it is to lease my property out. Currently I have buildings and contents insurance. Do I need different insurance? What should request from TSB regards to consent to let?
  • I would like to explore if I can get consent to let on my current property. I have a mortgage with TSB but my situation has changed. I'm about to move in with my partner and daughter who have a house and is larger than my 1 bed home. I doubt I will qualify for a buy to let mortgage as I don't have the funds for a deposit nor do I earn more than £25000 a year.
  • Due to redundancy we are looking to move away from Bromley and our home, potentially to a job in Sweden but that means we will want to let the property but don't want the penalty charge of existing TSB mortgage which will be exorbitant.Can TSB refuse to grant us consent to let?
  • I wish to let out my home. Do I simply send a letter to TSB requesting consent to let out the house?
  • How simple is it to obtain a consent to let from TSB and what does it cost? If I want to let out my property for a few months how easy is it to chop and change between a normal mortgage and consent to let?
  • How much of my loan allowance will be made available to borrow if I convert my mortgage to a consent to let with TSB?
  • I am considering moving in with my girlfriend at her home and would like to rent out my property that I acquired last summer, I'm just not sure of the process as my property is my first home. What hoops do I need to jump through to obtain consent to let from TSB If I obtain consent will my mortgage payments rise?