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Need professional advice for your consent to let with Danske Bank UK? 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 Danske Bank consent to lease

  • My mortgage is coming up for renewal with Danske Bank. The property has been sub-let for a couple of years and I now realise that I should come clean toDanske Bank. My understanding is that I should seek consent to let, but since the property has already been let out could they deny - insist I go onto a BTL rate or even apply a penalty? There is excellent equity - 30% LTV and have never missed any payments.
  • I completed on an apartment last year with a Danske Bank home loan but now wish to put my flat up for rent. I have got parking issues there. Will Danske Bank grant consent to let?
  • I have recently applied for consent to let from Danske Bank, but it would be useful to know if they pose any stipulations on the level of rental yield?
  • I wish to let my existing house as I wish to purchase a bigger house for the family. I have a mortgage with Danske Bank. On the basis I get the consent to let as I understand lenders are more than likely to push me towards getting BTL mortgage when the fixed term comes to an end. Could I refinance after two years with a different lender? Will it have to be buy to let mortgage and not a homeowner mortgage?
  • How much of my loan allowance will be made available to draw down on if I convert my mortgage to a consent to let with Danske Bank?
  • I would like to know the criteria for consent to let from Danske Bank and any costs to be incurred. Last week I moved in with my partner and have a colleague renting from me.
  • I have a question I'd like to ask...if consent to let is given by Danske Bank would it usually be subject to a time limit, such as one year?
  • Danske Bank - consent to let potential. Do you have experience of the process with this lender? Do they have a minimum period prior to changing and is it possible that I would be required to make a cash injection to reduce the LTV?