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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

  • We are a newly married couple and we found a property in Newham that we like and want to get a mortgage with First Direct. Our concern is that I am pregnant and might give birth very soon as I am on my 9th month of pregnancy. This wouldn't make it impossible for us to move straight away so we are contemplating living with our parents for the next few months. Meanwhile, if we buy this property, we can lease it out. I was just wondering how will that work out? Will we be liable to be given consent to let from First Direct
  • Current residence valued at £100k. Remaining mortgage £32k with six years to run. Seek consent to let from First Direct for current residence and make use of rent to pay off remaining of mortgage. Take out 65 per cent First Direct mortgage on further property that becomes my primary address? Any reason not to do this?
  • Last month I was provided with a work opportunity 250 miles from home and considering whether it's a good idea renting my house out. Will First Direct permit me to switch mortgage or grant consent to let? If not I will have to consider if I should accept the promotion. I have no objection to paying an increased amount as I intend to come back and move into my home after twenty four months. My agenda here is not to profit. Just love my house and want to return to it one day.
  • My OH and I might have to let his property out. I realise that I must obtain consent to let by First Direct. We plan to join a landlord association should we decide to let the property, but do you have any opinions on which is the best? We've come across the RLA and National Landlords Association.
  • I am looking at some alternative lifestyle. I have a First Direct mortgage, if I become a non-UK resident but wish to rent my UK house, ...what steps should I take to get consent to let. Can this be obtained on the phone ?
  • My mortgage has been with First Direct for ten years. I would like to apply for consent to let my property. I have been waiting for a response from First Direct. Could you please check and help?
  • I have four months to remaining on a two year residential mortgage with First Direct but now let the house out. is it safe to assume they will just charge a flat fee for consent to let?
  • I am planning on relocating within the next 7 months and want to let my flat out. My mortgage rate is fixed with First Direct. I am worried a 1% increase would be too much if that was linked to receiving consent to let