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Need professional advice for your consent to let with First Trust Bank? 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 First Trust Bank consent to lease

  • Twelve months ago my lender (not First Trust Bank) gave me with consent to let. The condition was that every half year they would levy a fee of 0.5% of the remaining mortgage amount. Having the first couple of payments they have omitted to make the charge in recent months. Should I be worried that this means that my consent to let has been withdrawn.
  • I have recently rented out my garden flat and have gained a Consent to Let with my building society. Half a year has now elapsed and they have increased my mortgage rate as previously advised. I am unwilling to swap to a preferable product with them, as they will revoke my consent to let. Were I to go with an alternative provider such as First Trust Bank, would I be required to get a BTL mortgage or could I just refinance and get consent to let?
  • I've owned a one bedroom ground floor purpose built maisonette in Waltham Forest for a year with a First Trust Bank mortgage and I'm enquiring whether I would qualify for a consent to let.
  • My wife and I intend to lease our current flat out early next year when we move. This is to be done with consent to let from First Trust Bank. The apartment is currently in my name but I am a top rate tax payer. Is it best to do a equity transfer to her or should I do a Declaration of Trust?
  • First Trust Bank residential mortgage. Will they grant consent to let a property for 2 years? I will move back in again as an owner.
  • Just looking for some advice. I currently have a mortgage in place with First Trust Bank. I have been given licence to temporarily rent out my apartment from the freeholder of the block and they asked if I have consent to from First Trust Bank.
  • Am I required to get consent to let if I let to a family member (in my situation my brother now lives there and contributes towards the First Trust Bank mortgage)?
  • Please can you provide me with advice as to how to proceed with obtaining consent to let from First Trust Bank and what, if any, fees I face.