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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.

Tesco Bank Consent to Lease Example Support Desk Enquires

  • Within the next few days I intend to ask Tesco Bank for consent to let out my home in Tesco Bank. However I currently have the property for sale but there is no interest and paying a full mortgage, council tax and insurance on vacant house is hurting financially. What approach would Tesco Banktake if I have the house on the market?

  • We I have a domestic mortgage with Tesco Bank but I would like to occasionally let the property out as a holiday I require consent to let from Tesco Bank?
  • I'm nine months into a two year fixed mortgage with Tesco Bank. The LTV is only 35%. I've identified a really good deal on a one bed flat in Croydon which I would not want to miss. It seems the only way to purchase the other property is to take out some good chunk of equity. I'm thinking of letting the existing home which would more than cover the homeloan with Tesco Bank. Is it possible to obtain consent to let from Tesco Bank and and then seek an equity release after it's rented?
  • I am in the Royal Navy and intending to purchase a property with a Tesco Bank mortgage. I would like to obtain consent to let the property to my sister. In years to come I plan to live in the property with my wife and kids when my military career comes to an end. Will I need to apply to my Commanding Officer to request permission to rent it out?
  • I'm planning to move to Australia for eighteen months for my job but I don't want to change the mortgage to BTL as I want to reoccupy it when I return. Do you know if Tesco Bank charges extra on the interest? Is there any way around this?
  • If I were to apply for consent to let from Tesco Bank what is the time scale Tesco Bank would take to make a decision?
  • We've spoken to someone at Tesco Bank about switching our current homeloan to consent to let (the existing 2 year fix ends in june 2016). Can I just confirm that I need to send a letter setting out our change in circumstance to Tesco Bank? Where do I need to post it to?
  • I took a domestic mortgage with Tesco Bank. I bought the property in July two years ago. What are the options and criteria for consent to let.