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Need professional advice for your consent to let with Ulster Bank Ltd? 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 Ulster Bank consent to lease

  • Doing everything by the book I’ve been leasing out my house with "consent to let" from Ulster Bank on a standard mortgage for the last three years. Ulster Bank have just written revoking consent to let if we do not transfer to one of their "buy to let" loans.

  • Can you explain "consent to let" to me? I live in a studio flat and its in good condition. It is on the market and I can't find a buyer. This is because my neighbour is noisey. I had no choice but to put this on the disclosure form. Mortgage is with Ulster Bank on a standard variable rate. It has been suggested to me that I should get consent to let by Ulster Bank and lease the flat for a year or two.
  • The plan is to move in with my partner and I have let my property out to two students on a one year AST. The application for consent to let from Ulster Bank is in hand but what if they decline. I can’t rescind on my contract in terms of not renting the students as the paperwork is finalised. On the flip-side Ulster Bank could take me to court for breach of mortgage condition i.e. renting it out without consent to let.
  • I am on a three year fixed rate mortgage with Ulster Bank which began in February. I will be moving out in March and have tenants ready to lease my property. I need to get a letter from Ulster Bank granting consent to let until my term is up to allow me to start a new mortgage. What is the process for going about this?
  • Please can you tell me the circumstances under which Ulster Bank would decline a consent to let application?
  • I am looking to place my house on rent due to job commitments and was enquiring if this is possible to negotiate consent to let. It is on a fixed rate mortgage with Ulster Bank until 2018 September
  • A work promotions now necessitates that Ibe in different locations a lot and in the circumstances I wish to get to grips with the process for applying for consent to let with Ulster Bank
  • Me and my partner and I have a mortgage with Ulster Bank and would be thinking about purchasing another main residence and then subsequently renting our current house out. Do I need consent to let from Ulster Bank?