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.

Examples of recent questions relating to Teachers Building Society consent to let

  • Due to problems with the area we live in (it's rough!), we are now looking to move. As disposing of the house will involve early repayment charges to Teachers Building Society of £3500, we thought that it would be sensible to rent it out. So, we need to obtain a consent to let from Teachers Building Society only for less than a year. What can I do to get consent?

  • My partner and I are intending to purchase a two bedroom second floor purpose built flat with ten per cent deposit with the intention of moving in. However in the next two years the in-laws have plans to move to France for a year or two so we plan to move into theirEaling property to "housesit". In the event that we proceed with a residential mortgage with Teachers Building Society would there be any issues with negotiating consent to let ?
  • I spoke to a mortgage broker friend last month. He said that were I to decide to move abroad with my job for a period then I should not apply for consent to let from my mortgage provider (Teachers Building Society) until at least two weeks before I plan to lease out my property. Does that mean I have to find a tenant first and then obtain a consent to let?
  • Is it permissible to rent out our property without consent to let from our mortgage provider? I am aware that at the time we signed a form saying it wouldn't be a buy to let property and that we don't own other property. I know you can't use help to buy if you owned other property at the time, but what about property after the event? Can you acquire a further property, or inherit a property?
  • As of today I have a mortgage with Teachers Building Society. I am considering renting and purchasing another property but this is all new to me. What is the procedure for consent to let?
  • My wife and I are planning to switch mortgage provider to Teachers Building Society for a fixed rate but the likelihood is that I will need to rent the flat out for just under one year. Do Teachers Building Society consent to let on fixed rate mortgages and if so, what are the costs.
  • I am looking at some alternative lifestyle. I have a Teachers Building Society mortgage, if I become a US resident but wish to rent my UK house, do I need to get consent to let from Teachers Building Society to do this ?
  • We are considering a remortgage offer with Teachers Building Society and it's a strong possibility that I will end up asking for consent to let during the fixed period. Are there any fees I should consider?