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

First Direct consent to let: Q and A’s

  • Is consent to lease required from First Direct or can I lease out my new house without telling First Direct and being forced to switch to a B2L loan?

  • In what situations will consent to let for a property be granted via First Direct? How long do you have to have had the mortgage before consent to let can be granted by First Direct? In order to give you some history we are going abroad for 20 months with my wife’s work and will need to rent our property. I am looking at gaining consent to let initially to be able to renting the property out to cover the expense of the First Direct mortgage.
  • I have a residential mortgage with First Direct and will be joining the Royal Fleet Auxiliary in March. This is a civilian manned fleet owned by the Ministry of Defence. I will be at sea four months on and three months in the UK. During my time on assignment I want to rent out my property in Lewisham and live with my father when on shore. Will this be granted?
  • As a result of a change in personal circumstances my husband and I are housesitting my parents house while they are away and letting our home out. What is best way to approach my mortgage lender for a 'Consent-to-Let' ? We will need to remortgage in the next year will we then switch to a BTL mortgage. We will definitely return to our flat at within the next nine months?
  • We are endeavouring to find out which mortgage providers are best for granting consent-to-let without hiking up rates, and hopefully allowing in excess of 2 years where required. Is that something you can help with? We are particularly interested in First Direct
  • I have a residential mortgage with First Direct - about 40% equity. I am considering relocating for another job and was enquiring if First Direct are flexible in changing the mortgage to allow for consent to let?
  • I have a mortgage with First Direct and am considering whether to sell or rent in the short term but don't have the equity for a buy to let mortgage at this time. What are my consent to let options currently?
  • I want to consider the option of leasing out my property with consent to let from First Direct whist away travelling for three months