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.

Top Five Questions relating to Teachers Building Society consent to lease

  • Just wondered if Teachers Building Society invoke a right to put a loading on my interest rate on a homeowner mortgage that has just been approved for Consent to Let at any time, onto ‘rates equivalent to their Buy to Let range'?

  • What is the procedures for obtaining consent to let from Teachers Building Society? What evidence do they require? is there a fee to pay? Is consent generally limited in time and if so, for how long? Do I need to renew it every year? What if I obtain a consent but decide to sell the property rather than rent the property out?
  • Having spent twenty years in London, I'm considering relocating to be closer to family. We've only been homeowners for the last two years and about to renew our mortgage with Teachers Building Society. In Harrow, we are be looking at a 3-bed house around the £250k mark. I would preferably like to retain my existing apartment. Could I ask for Consent to Let from the proposed new lender Teachers Building Society. If granted what are the likely conditions?
  • I have an annex that my mum has vacated. As my property is large I was considering moving into the annex and rent the rest out. This is also due to change of circumstances. Would I require consent to let from Teachers Building Society?
  • My OH and I are the registered owners of a property in Liverpool with Teachers Building Society and am moving to rent a property in Devon due to work. Is consent to let from Teachers Building Societyavailable? I am only looking to lease out the flat for half a year before selling.
  • I am one year into a three year first time buyer mortgage with Teachers Building Society. Just enquiring if it's ok to let out the flat on my current home loan. Will Teachers Building Society give consent to let?
  • I am looking to Teachers Building Society to grant consent to let out my flat in Brent. I am moving in with partner, cant sell property
  • What information should I include in a letter requesting consent to let my property in Greenwich? I would like to send a request to my lender Teachers Building Society.