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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.

Tandem Bank consent to let: Q and A’s

  • I plan to contact Tandem Bank for consent to let out my home in Tandem Bank. However the property has been on with agents for 6 weeks but there is no interest and forking out for a full mortgage, council tax and insurance on vacant house is exhausting my finances. How are Tandem Bank going to react if I have the house on the market?

  • What is the difference between consent to let and changing to a buy to let mortgage? What is the consent to let rate offered by Tandem Bank?
  • Ever since 2011 I have had a Tandem Bank mortgage with my twin and am looking to leave and get a new mortgage with my partner. How would I go about letting out my room? Is consent to let required via Tandem Bank? My twin will remain in the flat
  • We are currently in NYC and leasing out our property in the UK. This was unplanned but an opportunity came up and we took it. The rental income is insufficient to cover the mortgage so we transfer money each month to make up the difference. Last week I got a letter in the mail from our lender telling me that because the property is being let out and has been for almost two years we will have to pay 1.5% interest in addition to our current mortgage rate. One option is to sell up but this will be far from easy as I am on the other side of the world. Would it be possible to remortgage with Tandem Bank and get consent to let?
  • My husband and I are having to relocate to Kenya for a couple of years for my job but I don't want to convert the mortgage to BTL as the intention is to move back into it when I return. Do you know if Tandem Bank charges additional interest? Is there any work around?
  • My partner and I would like to let out my house. Do I just mail a letter to Tandem Bank requesting consent to let out the house?
  • My wife and I are about to switch mortgage provider to Tandem Bank for a fixed rate but the likelihood is that I will need to rent the house out for approximately 12 months. Do Tandem Bank consent to let on fixed rate home loans and if so, what are the costs.
  • I am after more information concerning consent to let mortgages, potentially switching our current mortgage with Tandem Bank over to a consent to let one.