Need Help?
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.
Examples of recent questions relating to Danske Bank consent to let
- I'm currently tied into a rental contract until November and am purchasing a flat. Would my mortgage provider Danske Bank object to granting consent to let until my tenancy ends and then moving in?
- Are you able to give me some more detail on what the procedure is for applying for content to let, what do I need to do. I am thinking about taking a Danske Bank mortgage on a £140,000 property on the coming months. The intention is to hold the house as a second home but I need to consider what options are open to me to let the property in the future. If our circumstances were to change the house would either be sold or let out.
- 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 can't find a buyer. This is because my neighbour is a drunk and assaulted me last year. I was obliged to mention it on the disclosure form. I am with Danske Bank on a fixed rate. Someone mentioned I should seek consent to let by Danske Bank and rent the flat out.
- Just wondering if Danske Bank conduct any checks when seeking a homeowner mortgage, I'm preferably looking to lease the property out and am in two minds as to whether I should apply for consent to let. How would they find out if I rent the house out?
- My wife and I want to move home and have identified a property we wish to purchase so are considering renting out with consent to let from Danske Bank for our current property to enable us to make an offer and not miss out on the potential new property.
- I am a Danske Bank borrower. I would like to apply for consent to let my flat. I have been waiting for Danske Bank to get back to me. Are you able to please check and help?
- Last month completed on a two bedroom ground floor purpose built flat in Ealing. I am a FTB. I am moving Glasgow next month, can I get consent to let from my lender Danske Bank or do I have to wait six months?
- Soon to remortgage my property but will likely be moving out in the near future and would be looking to let it out. Do you think I can get buy to let or consent to let from Danske Bank?
Find out more about how flying freeholds can affect the marketability of a property.
Important warnings to consider in conjunction with the above Danske Bank consent to let Info
Tax and Legal
There may be various tax and legal (from restrictions on title, lease prohibitions to planning issues) implications when letting out your property. You should always seek the advice of a solicitor and accountant before letting out your property.
Insurance
Where you hold buildings and contents insurance on your property you should review it to make sure it continues to provide the cover you need. It is also important that you update your insurance provider of your change in circumstance, as failure to notify them may trigger your insurance becoming null and void. As a minimum you should ensure that you are covered for any third party liability in respect of injuries to your tenant whilst at your property
Leasehold properties
Should the tenure of your property be leasehold, the provisions in the lease may prevent you from letting or require that you obtain the consent of the freeholder. If such restrictions are not strictly observed you may be in violation of the lease. This could trigger the freeholder commencing forfeiture proceedings.
Co-ownership
Omitting to advise your co-owner of your intention to let could result in them commencing legal proceedings against you. Be sure to record their consent in writing.
Your property may be repossessed if you do not keep up repayments on your mortgage with Danske Bank