Consent-to-let Help for Secure Trust Bank PLC

Examples of recent questions relating to Secure Trust Bank consent to let

• I plan to ask Secure Trust Bank for consent to let out my home in Secure Trust Bank. However I currently have the property for sale but there without a sniff of interest and paying a full mortgage, council tax and insurance on unoccupied house is draining me financially. What position would Secure Trust Bank take if I have the house on the market?

• Soon to be packing up as my wife and I plan to return to Tokyoin Month, perhaps for a little as 9 months but it could be longer term. We have just applied to Secure Trust Bank for consent to let out my property (we have already found tenants). The mortgage has been in place with Secure Trust Bank for 7 years and the account is up to date with no current arrears. Secure Trust Bank advise, that even if they give permission, that this will be a temporary arrangement for a period of twelve months. Do I then need to reapply?

• I am looking for some preliminary guidance to consider if consent to let is a sensible option. I completed the purchase of my flat 6 months ago by porting an existing Secure Trust Bank mortgage product. My fixed rate came to an end four months ago. I'm currently deliberating moving in with a new partner who has his own property and mortgage also with Secure Trust Bank, which I would not seek to be added to. I don't wish to sell my property yet because I'm unsure of whether the new move will work out. I don't want to move to a buy to let mortgage yet for 2 reasons: 1) I need to discover if it is a marketable property with rents higher than my mortgage payments and 2) I need to raise additional capital to satisfy the 65% LTV ratio required for a buy to let loan. It would be preferable to obtain consent to let from Secure Trust Bank for a couple of years in order to be more secure in becoming a possible landlord and to generate the capital. If at the end of the consent to let period I was unsure I would probably either sell my property or, depending on the new relationship working out, reoccupy it.
• I have a normal mortgage coming up for renewal with Secure Trust Bank. I have had the house let out for a few years and I now realise I should come clean to Secure Trust Bank. I am led to believe that I can seek consent to lease, but bearing in mind that the property has already been let out could they deny - insist I swap to a BTL rate and issue a penalty? I have over 50% equity in the property - and the rent will more than cover the mortgage.
• Evening? I am just enquiring whether Secure 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?
• My wife and I are looking at new mortgages and also exploring the possibility of renting the property in the years to come - Is there a fee with Secure Trust Bank to receive consent to let and what are the requirements?
• Just looking for some information. I currently have a mortgage in place with Secure Trust Bank. I have been given approval to sublet my GFF from the managing agents and they asked if I have consent to from Secure Trust Bank.
• My daughter has a mortgage with Secure Trust Bank and she wants to lease her apartment out as she moving in with her boyfriend.Will she be issued with consent to let? What is the procedure and fees involved?