Need Help?

Need professional advice for your consent to let with Tandem Bank? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Frequently asked questions relating to Tandem Bank consent to lease

  • We recently sorted our rates for another fixed five years with Tandem Bank. Subsequently, I went to an interview and basically I accepted the job offer in Brent. I'm going to rent a one bed flat for me and my family in Bexley 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 how things will work out. We have contacted Tandem Bank but we would like also your take on the situation. How is it to obtain consent to let in that case as we just got a fixed 5 years rate we really don't want to swap this.
  • I refinanced with Tandem Bank recently, borrowing extra with the intention to extend the property. That plan has proved not to be possible and I now intend to purchase a second property for residential purposes and let the existing property out with consent to let. Is that likely to open up a can or worms?
  • I have a apartment in Croydon with a Tandem Bank mortgage but I no longer live there. My brother moved in but pays no rent. At the moment I live in rented accommodation and am keen to buy a house. I have found a great property at reasonable price. I have enough of a deposit to use on the house I am interested in but would be a financial strain to pay enough off the old property to change it to a buy to let mortgage at the same time. Can I change the current Tandem Bank mortgage for my old flat into a consent to let and use my reserves to pay a larger deposit for the residential mortgage on the property that I am looking to purchase?
  • For a couple of years now I have had a mortgage with a friend on our apartment which is up for renewal 31st July. I am having to move to Reading for my Job in February. Is it possible to switch to a consent to let mortgage with Tandem Bank?
  • I would like to let my house which is on a fixed residential mortgage with Tandem Bank. What do Tandem Bank require for me to do to get consent to let?
  • I am potentially moving in with my girlfriend at her home and would like to rent out my property that I acquired last year, I'm just not sure of the process as my property is my first home. What hoops do I need to jump through to get consent to let from Tandem Bank If I obtain consent will my mortgage payments increase?
  • Do Tandem Bank give consent to let? I am just considering this as an option if I move home in the coming months
  • I am looking at taking a job overseas and have been advised that I need to let Tandem Bank know so my mortgage is under consent to let? Please could you clarify the best way to go about this?