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Need professional advice for your consent to let with TSB 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 TSB consent to lease

  • Me and my partner are presently eighteen months into a year fixed rate mortgage with TSB. Ideally we would like to buy a bigger second property in the next few months however would like to retain the first property and I was enquiring as to what reason we could put down on the consent to let form to obtain consent to from TSB
  • I am unable to find the form to download "consent to let" on the TSB website. Could you please send me the URL to do it? Thanks a lot.
  • I have a normal mortgage coming up for renewal with TSB. I have had the house let out for two years and I think I should come clean to TSB. I understand that it is possible to request consent to lease, but given that the property has previously been let out could they deny - force me to swap to a BTL rate and issue a penalty? I have over 25% equity in the property - and the rental income far exceeds the monthly loan payments.
  • I have been leasing my flat to a tenant for three years but not on a buy to let mortgage as I naively considered that you only needed a BTL if you had more than one mortgage. In trying to purchase a further property, I found that I should have obtained consent to let all along from my mortgage provider TSB. I'm curious as to whether I can now ask TSB for a consent to let?
  • My existing mortgage is with TSB, but I am going to move out for around a year as we need to be closer to my wife’s mum. Will TSB grant consent to let?
  • I are considering applying to TSB to obtain consent to let our home, how long does it take between sending the forms to us finding a letting agent and listing our house for rent? and are there any other steps in the process?
  • What happens if a borrower has already rented out the property for some years as an HMO and now want to legalise the situation with TSB by getting consent to let ? (assume TSB had in the past granted a standard mortgage in the past)
  • I'm mulling over a remortgage offer with TSB and it's a strong possibility that I will end up asking for consent to let at some point in the fixed period. Are there any penalties I should consider?