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Need professional advice for your consent to let with DB UK Bank Ltd? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Questions and Answers: DB UK Bank consent to let

  • Is it permissible to rent out our house in the absence of consent to let from our lender? I recognise that initially we signed a contract stating it wouldn't be a buy to let property and that we are not the owners of other property. I know you can't use H2B if you owned other premises at the time, but what about property thereafter? Can one acquire a further property, or inherit a property?
  • Because of my career, I am confident that DB UK Bank will issue me with Consent to Let from day one of buying a property. I currently plan to buy a property locally and let it out, I will remain in the house that is provided (rent payable) by my employer. As I will be leasing out the property I will obviously have to complete a Self Assessment Tax Return, but I just want to check that although it is my only property (and it is not on a buy to let mortgage), will I still be able to claim Tax relief for the interest on my loan and the expenses of letting out the property. I can only find advice for those with a buy-to-let mortgage, but mine will technically not be B2L.
  • My fixed rate mortgage with DB UK Bank runs out early 2017 and I wish to fix for another 4 years with DB UK Bank, with any luck rates will still be low. In in next couple of years I might want to move for a couple of years to a different county. How difficult is it to get consent to let by DB UK Bank in this situation? Assuming that monthly rent payments would be about £175 above the DB UK Bank mortgage payments.
  • My partner and I currently live in Hong Kong and renting out our property in Sutton. This is not something we planned but an opportunity arose and we took it. The rent we make on the property is insufficient to cover the mortgage so we transfer funds each month to make up the shortfall. Yesterday I got a letter in the post from our lender telling me that because the property is being let out and has been for almost two years we will have to pay 1.5% interest on top of our current mortgage rate. We could sell up but this will be far from easy as I am so far away. Could we remortgage with DB UK Bank and get consent to let?
  • My wife and I are looking to ask DB UK Bank for consent to let out our home in Hillingdon. We are moving overseas for 2 years and wish to let it out. I omitted to look into this when we got the DB UK Bank mortgage, and that was due to the fact that we never anticipated an opportunity like this would come up so was planning on occupying the property.
  • My existing mortgage is with DB UK Bank, but I will soon to need move out for about a year as we need to be nearer to my partner's father. Will DB UK Bank issue consent to let?
  • I have a mortgage with DB UK Bank on a 2 year fixed term contract. I could have an opportunity for a teaching post in Belgium next July. Would I be eligible for consent to let via DB UK Bank were I to accept this opportunity abroad?
  • I am looking at some alternative lifestyle. I have a DB UK Bank mortgage, if I become a non-UK resident but wish to rent my UK house, ...what steps should I take to get consent to let. Can this be obtained on via email ?