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Need professional advice for your consent to let with First Trust Bank? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Top Five Questions relating to First Trust Bank consent to lease

  • My husband and I recently sorted our rates for another fixed five years with First Trust Bank. However, I attended an interview and basically I accepted the job offer in Barnet. I'm going to rent a one bed flat for the family in Lewisham as we don't wish to sell the house and moreover we might come back before two years.... We really have no idea whether it will go. We have contacted First Trust Bank but we would appreciate your take on the situation. How is it to get consent to let in that case as we secured a fixed 5 years rate we really don't want to change.
  • I want a bit of initial insight to see consent to let is a sensible proposition. I bought my apartment 7 months ago by transferring an existing First Trust Bank mortgage product. My fixed rate ran out four months ago. I'm currently deliberating moving in with a new partner who has his own property and mortgage also with First Trust Bank, which I would not seek to be added to. I don't want to sell my property yet because I'm unsure of whether the new move will work out. I don't want to move to a buy to let mortgage yet for 2 reasons: 1) I need to find out whether letting my property is a feasible option for myself and 2) I need to find extra capital to meet the 65% LTV ratio required for a BTL loan. Ideally I would like to receive consent to let from First Trust Bank for a couple of years in order to be more secure in becoming a possible landlord and to generate the capital. If at the end of the consent to let period I was unsure I would probably either sell my property or, depending on the new relationship working out, reoccupy it.
  • What is the maximum period of time permitted by First Trust Bank that I would be able to let my property before being required to switch mortgage or sell my house? Essentially, my partner has asked me to move in with him and I really don't want to sell my house. I would like the fallback of knowing I still own my own property.
  • Require some assistance about leasing a property and consent to let. Later this year I want to move in with my other half. The local authority would like to rent my flat for 5 year commitment with rent and service charges covered. Our mortgage was changed to First Trust Bank two years ago. Please advice
  • How much of my mortgage allowance will be made available to borrow if I convert my mortgage to a consent to let with First Trust Bank?
  • Are you able to help? I am just enquiring whether First Trust Bank offer consent to let as an option if I decided to let out my home under a homeowner mortgage. Is there a specific rule for right to buy property and consent to let?
  • I am looking to place my residential property on rent due to job commitments and was wondering if this is possible to negotiate consent to let. It is on a fixed rate mortgage with First Trust Bank at the moment until 2018 October
  • I wish to apply for consent to let from my lender First Trust Bank to lease out my flat. I was thinking of moving in with myfiance. Can you tell me whether First Trust Bank give consent to let in these circumstances?