Need Help?

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.

Frequently asked questions relating to Ulster Bank consent to lease

  • I am a FTB in the process of attempting to acquire a flat. However there is a strong possibility that I will be moving abroad within the next couple of years. I have mentioned this to my financial adviser who has informed me as long as nothing has been signed or confirmed you can go ahead and apply for a residential mortgage with Ulster Bank. Once that's complete if it transpires that I need to move abroad he said can apply for a consent to let from Ulster Bank. How would the property be treated for CGT purposes? From what I can tell there is some sort of tax relief if you have had to vacate your property to move abroad for work. is that right?
  • I acquired a house in 2008 with the help of a housing association, I own half via bank loan and rent the remaining percentage. In January 2014 I bought a new house. I rented out my first property and moved to my new home. I got consent to let from my lender and I was under the assumption I had consent to let from the housing association. Last week I had a phone call from the housing association saying they had nothing on record to evidence I had attained consent to sublet. What are my options?
  • My cousin and his girlfriend currently lodge with me at my apartment. Next Summer I would like to move out of the flat and in with my GF. How likely is it that I will be able to get consent to let from Ulster Bank after only having the mortgage for less than half a year?
  • How long must you live in a property before consent to let with Ulster Bank would be given? I bought my apartment with a Ulster Bank mortgage back in Summer.
  • I have separated from my ex and we have each moved into our parents house and plan to divorce. What do I have to do to get Ulster Bank to give consent to let the property out to tenants?
  • Am I required to wait for consent to let to be given on my existing residential mortgage with Ulster Bank before applying for a resi mortgage on a second property?
  • There is a chance of me going to NYC for a year with work. Planning on taking the husband with me and hoping to rent our Hounslow property in the meantime on a short term basis to make things more cost effective. I was just enquiring I have filled in my application form but I'm unsure where to send it
  • I was just enquiring how to get consent to let from Ulster Bank...do I call them or apply formally in writing to them?