Need Help?

Need professional advice for your consent to let with Tesco Bank (a trading name of Tesco Personal Finance plc)? 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 Tesco Bank consent to lease

  • Tesco Bank have just granted me consent to let. After some effort, Tesco Bank have issued me with ‘consent to let’ confirmation . Mention is made of an assured shorthold tenancy. Can you explain what this is?

  • My lender has placed me in an impossible situation with a Consent to Let home loan. Reacting to my requisition for consent to let the bank has requested evidence of a signed tenancy agreement before they will grant permission. Is is not the case that if I adhered to their request that I would be breaching the terms of my existing mortgage?

  • Just contacting you on behalf of a relative who has a mortgage with Tesco Bank. He asked me to find out if there is a charge for granting consent to let? He has been offered a job 95 miles away and would like to rent out his place in the interim.
  • I have a 2 bed conversion flat in Barnet which I inherited five years ago and which I have since remortgaged with Tesco Bank on a fixed rate which ends next September. If I want to lease out the property whilst I go travelling what do I need to do and is there a time limit? Are there any other financial repercussions when seeking consent to let?
  • I am looking at moving overseas for work and would like consent to let from Tesco Bank whilst I am away. Is the way forward to complete the consent to let form and send it off in the post to Tesco Bank? The point of renting the property isn't to make money but to retain the house in case things don't turn out as well as we hope
  • I have a mortgage with Tesco Bank but am informed they have a policy that they will not give consent to let the property to a housing association. Is this true and if so, can you suggest a method to bypass this?
  • I am trying to investigate if it is possible to get a consent to let mortgage with Tesco Bank rather than a buy to let mortgage
  • Soon to remortgage my property but will likely be moving out in the next year and would be looking to let it out. What would I need to do to get consent to let from Tesco Bank?