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

Teachers Building Society consent to let: Q and A’s

  • I have a normal mortgage over my property in loc with the intention of relocating overseas to country for a couple of years. During this period it would be ideal if I could lease out my apartment. My mortgage provider refuses to issue a consent to let. I wish to avoid taking out a buy to let mortgage as it’s only for a limited time-frame that I am going away for.

  • I had a chat with a mortgage broker friend last week. He said that if I decide to move abroad with my job for a period then I should not apply for consent to let from my lender (Teachers Building Society) until at least 2 weeks before I plan to let the flat. Does that mean I have to find a tenant first and then obtain a consent to let?
  • In a situation where a landlord chooses to lease out their property in the absence of consent to let from Teachers Building Society - what, if any implication might there be for an agent acting on their behalf?
  • My partner and I took a loan out on a garden flat last May however I will be working outside of commuting distance of Greenwich in the medium term but hope to find work closer in the long term. Given that I recently acquired the property I will lose money if I sell and do hope to return to Greenwich so would like to keep it. How difficult is it to get consent to let from Teachers Building Society and how do I go about applying ?
  • Iwould like to rent out our home and purchase another. What do I need to supply Teachers Building Society to get consent to let?
  • Prospective tenants are about to move into my property and I have mortgage offer from Teachers Building Society on new house on condition of consent to let for original house. How long should it take to receive letter once I send back a completed application with cheque.
  • I am after more information regarding consent to let home loans, potentially switching our existing mortgage with Teachers Building Society across to a consent to let one.
  • I am hoping to fix my residential mortgage with Teachers Building Society but due to work related issues I will probably have to live abroad for a couple of years. Will Teachers Building Society allow and grant consent to let and will any penalties be applied in such a situation