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.

Recently asked questions relating to Tesco Bank consent to lease

  • We have a Tesco Bank mortgage and are have made overpayments to bring the loan amount down, in gainful employment etc. Can you tell me how much the fees are and if Tesco Bank are likely to give us consent to let without changing to a new mortgage product?

  • At present I have a normal mortgage with Tesco Bank. My company has offered me a house as part of my job and would like to rent out my current property. The mortgage advisor seems confident that it is a formality. Are you able to provide me with some information please?
  • I would like to let my garden flat out from the end of Nov this year as I will be travelling for a few months. I have a homeowner mortgage with Tesco Bank. I will not be letting for more than six months. Most likely it will be four months. It has been suggested that I get permission from my freeholder first? Please can you suggest what I should be doing in what order?
  • It seems as though I will have the chance to go and work abroad in a couple of years. I am therefore possibly scaling down to a newbuild property in Greenwich which I could rent out with less difficulty 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 current mortgage provider will only give consent to let for a year. I expect to be renting it out longer term and not having consent could result in a whole heap of problems. B2L seems wrong given that I will be living there, maybe for 2-3 years initially. What product should I be seeking, and from whom? Do lenders such as Tesco Bank grant consent to let for more than a year?
  • I am looking at moving abroad 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 mail it to Tesco Bank? Letting 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 am fixing my homeowner mortgage with Tesco Bank but due to work related issues I may have to live abroad for few years. Will Tesco Bank allow and give consent to let and will any penalties be applied in such a situation
  • Seven weeks ago I completed my homeloan with Tesco Bank since when my boyfriend has proposed and we are deciding whether to reside in his house or mine. Would I be issued consent to let if I decided to move into his property
  • I'm interested in more information regarding consent to let from Tesco Bank. Would an acceptable reason be parking problems and the house is too big for me to run at this moment in time?