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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

  • I have a homeowner mortgage over my residence in loc and am due to relocate to country for two years. During this period I want to let out my apartment. My mortgage provider will not provide me with consent to let. I am not inclined to transfer to a buy to let loan as it’s only for a short period that I am abroad for.

  • I am a first time buyer hoping to complete on a small house in First Direct. I have a 50% deposit and expect a mortgage from First Direct. My dilemma is that my fiancee has a apartment in Dover and I hope to be moving in next month, when I would want to let out my house. I understand that consent to let is required but it does not sound like a positive outcome is assured. Is there any advice you can impart?

  • My friend has let her house from the same landlady for almost one and a half years. For the last year my friend has received letters from First Direct (it is apparent from the envelope). Inititially she forwarded them to the landlord’s address. I was a bit suspicious as none of the landlord’s post was supposed to be going there. I decided to go to my friends house and called First Direct on her behalf. The guy I called at First Direct asked all sorts of queries, the landlady's details, the tenant's details and then said they would look into whether she had the appropriate mortgage and if she didn't it was an offence without consent to let. What does this mean for my friend?
  • I have a flat in Ealing with a First Direct mortgage but I no longer live there. My dad moved in but pays no rent. I currently live in rented accommodation and am looking to buy a house. I have found an ideal property at an attractive price. I have sufficient for a deposit to use on the house I am interested in but would be a financial strain to pay enough off the old property to switch it to a buy to let loan at the same time. Can I transfer the current First Direct mortgage for my old flat into a consent to let and use my savings to pay a larger deposit for the domestic mortgage on the property that I am looking to purchase?
  • It would be helpful to know if on the balance of probabilities First Direct will give consent to us letting out our flat in Ealing
  • My wife and I are nine months into a three year residential mortgage with First Direct. Just wondering whether it's ok to let out the flat on my existing mortgage. Will First Direct grant consent to let?
  • I am interested in some advice on how best to approach my mortgage company First Direct regarding a 'Consent-to-Let' application. Is this something you can offer guidance on ?
  • I am intending on relocating within the next 7 months and wish to lease my property out. My current rate is fixed with First Direct. I am concerned that a 1% increase would be too much if that was a condition of getting consent to let