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Need professional advice for your consent to let with Secure Trust Bank 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 Secure Trust Bank consent to lease

  • Having endured living in a rough area for 3 years now, we now want to move. As disposing of the property will trigger a hefty early repayment charges to Secure Trust Bank of £3500, we thought that it would be sensible to rent it out. In the circumstances we need consent to lease from Secure Trust Bank only 12 months. What can I do to get consent?

  • I wish to let my existing residence and want to purchase a larger house for the family. I have a mortgage with Secure Trust Bank. On the basis I get the consent to let as I understand banks are more than likely to push me towards getting BTL mortgage when the fixed term is finished. Could I remortgage after two years with an alternative lender? What ramifications does that have aside from the higher rates - will I need a higher equity ratio in the property too ie lower ltv?
  • Please explain "consent to let" to me? I live in a studio flat and its in good condition. It is on the market and I am struggling to sell. This is because my neighbour is noisey. I was obliged to put this on the disclosure sheet. Mortgage is with Secure Trust Bank on a standard variable rate. It has been suggested to me that I should get consent to let by Secure Trust Bank and lease the property for a year or two.
  • My husband is in the army and he has been posted overseas we would like to get something called 'Consent to let' from our lender Secure Trust Bank. Can you assist us?
  • How do I go about getting a consent to let application form from Secure Trust Bank and how quickly can I get the consent?
  • I am thinking of moving in with my fiance at his home and would like to rent out my property that I purchased last year, I'm just not sure of the process as my property is my first home. What do I need to do to gain consent to let from Secure Trust Bank If I obtain consent would my mortgage payments go up?
  • We took out a mortgage with Secure Trust Bank a few months ago and although it's still early days we may have to relocate around next September or October and would like to be able to let our apartment out. Would this be possible with a residential mortgage?
  • We have a granny flat attached to our home. Do we need consent to let this from Secure Trust Bank? If so, what is the process if I wish to change my mortgage to consent to let?