Need Help?

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

Common questions relating to Whistletree consent to lease

  • Can you clarify if consent to let compulsory from Whistletree or can I rent out my new house without telling Whistletree and having to switch to a buy-to-let loan?

  • My partner and I have a standard variable rate mortgage with Whistletree. This has been in place since 2007. We are intending on leasing out our property and renting in a village close to our children's school until we find the right home to buy. Do Whistletree normally give consent to let and do they apply an increase to the mortgage rate?
  • We currently have a five year fixed term mortgage with Whistletree that we're approximately one year into. Our situation has now altered and we wish to rent out our house for a year and whilst we relocate to Hounslow. How do we minimise the possibility of Whistletree refusing to grant consent to let.
  • We are currently in NYC and leasing out our flat in Harrow. This is not something we planned but an opportunity presented itself and we took it. The rental income is not enough to cover the mortgage so we send back funds each month to cover the difference. Earlier today our lender got in touch informing me that because the property is being let out and has been for almost two years we will have to pay 1.5% interest on top of our current mortgage rate. One option would be to sell the flat but this will be far from easy as I am so far away. Would it be possible to remortgage with Whistletree and get consent to let?
  • Is it the case that a prior extension to a mortgage term with Whistletree be held against us when we sought consent to let from Whistletree.
  • We have a mortgage with Whistletree on our one bed flat in Newham. We are hoping to buy a new house and move in there. How do I move our existing mortgage on to consent to let?
  • Are you aware if there is normally a required loan to value amount before Whistletree will give consent to let?
  • We are mulling over a remortgage offer with Whistletree and it's likely I will end up asking for consent to let at some point in the fixed period. Are there any penalties I should that may be applicable?