Consent-to-let Help for Tesco Bank

Common questions relating to Tesco Bank consent to lease

• I intend to let out my flat to some tenants who have asked me for a duplicate of my ‘consent to let’ from Tesco Bank, my bank. Is this standard practice? My letting agent cannot offer an explanation, can you?

• If push comes to shove what action Tesco Bank can take if I have Sublet my flat in the event that consent to let is not forthcoming?

• As a result of changes in my personal circumstances I intend moving in with my girlfriend this month and I have let my property out to two students on a twelve month AST. I am now applying for consent to let from Tesco Bank but what if they refuse. I can’t renege on my contract in terms of not renting the students as they have all signed up. On the flip-side Tesco Bank could take action for breach of a condition i.e. letting it out in the absence of consent to let.
• I am currently a Tesco Bank mortgage client in need of consent to let on my present property. We would like to buy near where we are based with the Royal Air Force,... but we might have to relocate.
• Please can you tell me the circumstances under which Tesco Bank will decline a consent to let application?
• Prospective tenants are about to rent my property and I have mortgage offer from Tesco Bank on new house on condition of consent to let for original house. How long should it take to receive letter once I send back a completed application with cheque.
• I currently have a residential mortgage with Tesco Bank and plan on letting due to work being based in Luton. In seeking consent to let from Tesco Bank do I run the risk of them forcing me to change deal to buy to let
• I am looking to get consent to let with my Tesco Bank residential mortgage. It is a detached house. Do Tesco Bank grant consent on this basis? Or would it be regarded as an HMO?