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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.

Recently asked questions relating to Teachers Building Society consent to lease

  • I am looking to emigrate to Moscow . Rather than finding a buyer, I wish to let my current property out, just in case things don’t work out and I decide to come back in a couple of years. The current mortgage is with Teachers Building Society. Would I be able to refinance with another mortgage provider on a much lower interest rate then apply for Consent to Let after the refinancing has completed?
  • I'm planning to remortgage my studio flat, currently tenanted under consent to let from Teachers Building Society, onto a BTL rate as we are unlikely to be moving back into it now since we have our family home. So, I'm assuming I need a specialist broker for this and I am not really conversant with what is available in this area. Are you able to recommend a good broker service specialising in BTL?
  • We have a flat in Waltham Forest which we purchased as a new-build just over eight years ago. As childen are growing up we are looking for more space. We've found a house in Bromley that we're going to buy and want to keep the flat as an investment to rent out. The mortgage is with Teachers Building Society and we've found a tenant who will pay rent in excess of the monthly mortgage amount. My question is, can we keep the repayment mortgage with Teachers Building Society so we effectively paying off our mortgage on the flat or must we to transfer to a buy-to-let mortgage?
  • The likelihood is that I will have the opportunity to work overseas in a couple of years. I am therefore thinking of downsizing to a newer property in Lewisham which I could rent out more easily when the time comes. I would aim to keep half the equity in the new flat which would be my home for a while. My existing mortgage co will only provide consent to let for a year. I anticipate renting it out longer term and not informing them could result in a whole heap of trouble. BTL seems inappropriate when I will be living there, perhaps for 2-3 years initially. What product should I be seeking, and from whom? Would, for example, Teachers Building Society issue consent to let for more than a year?
  • I took a residential mortgage with Teachers Building Society and my circumstances have changed due to family, can I obtain consent to let. What changes will affect me?
  • Me and my husband want to let our house out and use the rental income to cover the rent on a house in Havering. What are the chances of being given consent to let by Teachers Building Society without being forced onto a BTL product.
  • I am thinking about moving in with my girlfriend but would rather not to sell my property. What is the process for getting consent to let from Teachers Building Society, and what are the chances that this will be granted?
  • I would like to get consent to let from Teachers Building Society for a couple of years until I can transfer to a buy to let. Is this possible