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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.

First Trust Bank Consent to Lease Example Support Desk Enquires

  • Is it possible to let out our house in the absence of consent to let from our lender? I recognise that initially we signed a declaration saying 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 property at the time, but what about property thereafter? Can you purchase a further property, or inherit a property?
  • My fixed rate expires mid next year and I'm planning on fixing for another three years with First Trust Bank, hopefully rates will still be low. In in next couple of years I might wish to move temporarily to a different county. How simple is it to get consent to let from First Trust Bank in these circumstances? Assuming that monthly rent payments would be about £300 more than the First Trust Bank mortgage payments.
  • I rented my house out for three years from 2010-2013 while employed overseas. I have a letter dated March 2010 from the lender granting consent to let. In the letter it explicitly stipulates that the consent to let is valid for "the remaining term of the mortgage". I have not remortgaged since the letter was issued. I now plan to move house and rent out my existing house. However, my mortgage advisor has suggested that the 2010 consent to let letter may not be sufficient for the new lender First Trust Bank for the house I wish to buy.Can this be right
  • I understand that this is a contravention of First Trust Bank terms and conditions of mortgage if I rent out my house having indicated that I intend to live there. The aim is to repay the mortgage after five years, by which time the property will be unencumbered, meaning I no longer require any consent to let. First Trust Bank advised me I can overpay as much as I like during the lifetime of the mortgage. I have someone who wants to rent the property. What checks do First Trust Bank do and what are the chances that they are likely to do this? What are the ramifications of not getting consent to let? From what I have read there is a possibility of First Trust Bank levying a fine
  • Due to job opportunities I will be moving to Wales and would like to let out my flat temporarily, please let me know what steps I need to take in order to obtain consent to let from First Trust Bank?
  • Evening? I am just enquiring whether First Trust Bank offer consent to let as an option should I decided to let out my property under a homeowner mortgage. Is there a specific rule for right to buy property and consent to let?
  • I am interested in some guidance on how best to approach my mortgage lender First Trust Bank regarding a 'Consent-to-Let' application. Is this something you can assist me with ?
  • I am trying to find out if First Trust Bank will grant consent to let in a situation where we need to move closer to relatives in a different house albeit that we may move back the future if circumstances change.