Need Help?

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.

Frequently asked questions relating to Teachers Building Society consent to lease

  • Me and my wife live in a property where there exists numerous empty bedrooms. We are considering the option of creating an B&B style business to let rooms out on a check-in and check-out basis. Are you aware if this kind of thing allowed in accordance with Teachers Building Society’s consent to let protocol?
  • Since we are relocating and failing to sell our house, we are considering letting it out. Am I duty bound to inform Teachers Building Society? If we do, I think they will want to change our mortgage to buy to let and increase fees etc which we can't afford. I was thinking that as long as I continued paying on time it shouldn't be a problem, but am now concerned about insurance connotations if we haven't got consent to let. Any feedback?
  • My partner called Teachers Building Society on Monday regarding consent to let. He is expecting a call back. We have put an offer in on a three bed flat that has been accepted in principle so we need to know how likely it is that we will receive consent to let by Teachers Building Society?
  • We are looking to rent out our two bedroom ground floor purpose built flat in Islington in June. I would like some advice on what I need to do. I've just moved our Teachers Building Society mortgage to a fixed term and just need to understand what the procedure is if I plan to get consent to let.
  • I will have to move to NYC for two years, I have a house with a Teachers Building Society mortgage. Do I need to ask consent to let? Will they be forthcoming?
  • My wife and I wish to move home and have identified a property we wish to purchase so are considering letting out with consent to let from Teachers Building Society for our current property to enable us to make an offer and not lose the potential new property.
  • Just looking for some help. I already have a mortgage in place with Teachers Building Society. I have had licence to temporarily rent out my GFF from the managing agents and they asked if I have consent to from Teachers Building Society.
  • I would like to know if I have a residential mortgage with Teachers Building Society and decide to lease it out, does the rate get jacked up and are there any associated charges for obtaining consent to let.