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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.

Top Five Questions relating to First Trust Bank consent to lease

  • I previously got consent to let from First Trust Bank in 2012 but failed to need it and have since remortgaged to another lender. I recently applied for consent to let. I was told it would be authorised since their requirements were met. However I got a letter advising me that I must supply evidence from the DWP indicating that that are aware of my current situation before they can issue authorisation. They said this is policy but I have not been able to find these T&Cs on their site. I did complain about the insinuation that I might intend to continue to claim help with interest from the DWP whilst receiving rental on the property. They apologised and offered to deposit £35 in my account . However i still am unable to locate this term and condition and i feel this is otherwise inappropriate I want to let my property as a way of releasing me from redress to social benefits not in order to continue with them
  • Please explain "consent to let" to me? I live in a studio apartment and its in good condition. It is on the market and I am struggling to sell. This is because my neighbour is a drunk and assaulted me last year. I was obliged to put it on the disclosure sheet. I am with First Trust Bank on a fixed rate. It has been suggested to me that I should seek consent to let from First Trust Bank and let the flat for a couple of years.
  • I have been offered an excellent career opportunity for 9 months in Denmark. I have enough money to meet the monthly First Trust Bank mortgage yet the block insurance requires continuous residency in order not to be invalidated. Last winter the roof suffered storm damage but was repaired. If there happened to be any problems during the winter months I would find it hard to cover the repair costs. How likely is it that I will get consent to let via First Trust Bank for the time I am overseas?
  • How many months after getting a new mortgage will a consent to let be likely to be given by First Trust Bank? By way of background I bought my property in Greenwich nearly two years ago and am currently on a fixed term for 3 years. Not long after I met my partner and now we are looking at moving in together. I intend to get a better fixed term next December. I assume that I would have to hold off for at least 6 months before I could apply for consent to let. Is that correct?
  • When it comes to consent to let from First Trust Bank am I supposed to tell them every time we get a new tenant and post them a copy of the lease?
  • I am require from First Trust Bank consent to let out my home in Wandsworth. I am putting in hand arrangements to live with my grandmother as I am off work due to ill health.
  • I am looking for consent to let for my property as I am moving out for four months currently fixed First Trust Bank mortgage with two years which is up on July next year.
  • Just wanted to know how to seek a consent to let from First Trust Bank who I have a mortgage with. There is an outstanding balance of 57k. The value of flat is 220k. Property is in my name but my wife and I would like to purchase a garden flat in Croydon we have seen together. How do we go about it?