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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.

Frequently asked questions relating to First Trust Bank consent to lease

  • I have been reckless in not informing First Trust Bank that I’m leasing my studio flat out. The latest tenants have left the place in a mess and I need to claim on malicious damage. I’m nervous that my insurer will contact First Trust Bank, and secondly if they do inform them, what are they likely to do given the absence of consent to let?
  • We may be given an opportunity to work in a different office in the UK for a couple of months and would like to know if we can let our current house. It is a two year fixed rate and we are three months into the mortgage with First Trust Bank. We have lived at the property for nearly four years. Our LTV is 70%. What are the chances of obtaining consent to let from First Trust Bank? What can we expect in fees etc
  • I vacated my apartment about six months ago but didn't get around to get a consent to let letter, partly because the mortgage fix rate period is ending in a couple of months and I am considering refinancing in any event. I want to ask for consent now, is that going to be tricky?
  • What is the maximum period of time permitted by First Trust Bank that I would be able to let my property without having to transfer the mortgage or sell my property? In short, my boyfriend would like me to move in with him and I really want to hold onto my house. I would like the comfort of knowing I still own my own home.
  • If we request a consent to let letter from First Trust Bank will we be made to change to buy to let mortgage? We are with First Trust Bank and as properties are not selling at the mo but we have seen one we like we were considering letting our home out in order to acquire the new and sell this one if the value improves.
  • I have split up with my wife and we have moved back in with our respective parents and intend to divorce. What do I have to do to get First Trust Bank to give consent to let the property out to tenants?
  • What are the circumstances under which First Trust Bank would refuse a consent to let application?
  • Will First Trust Bank issue consent to let my house? I currently have a homeowner mortgage, never had arrears and have been with First Trust Bank for about five years now. What fees am I likely to face