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

Secure Trust Bank Consent to Lease Example Support Desk Enquires

  • I am a first time buyer hoping to complete on a terraced house in Secure Trust Bank. I have a significant deposit with a mortgage from Secure Trust Bank. My concern is that my fiancee has a apartment in Slough and I hope to be moving in next year, when I would want to let out my property. I understand that consent to let is required but it does not sound like there is any certainty. Is there any advice you can impart?

  • I've been with Secure Trust Bank for nearly 2 years and have just re-fixed the mortgage rate. The LTV is in the region of 30%. We now need to move into my mum’s bungalow to care for her, it would preferable to lease our house out - do I need to seek consent to let from Secure Trust Bank and is it likely to be granted?
  • I am looking for some preliminary advice as to whether consent to let is a viable option. I completed the purchase of my apartment 8 months ago by transferring an existing Secure Trust Bank mortgage product. My fixed rate ended three 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 want to sell my property yet because I'm unsure of whether the new move will work out. I don't want to change to a B2L mortgage yet for 2 reasons: 1) I need to find out whether letting my property is a feasible option for myself and 2) I need to come up with additional capital to meet the 65% LTV ratio required for a BTL mortgage. It would be preferable to receive consent to let from Secure Trust Bank for 1-2 years in order to be more secure in becoming a possible landlord and to raise 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, move back to it.
  • We have a fixed rate mortgage with Secure Trust Bank that we are having difficulty negotiating consent to let as a result of being in Hong Kong and leasing the property from 2010 without their consent which was a blunder on our part. We have a 38% LVR and made overpayments of £500pm for five years so there are no arrears. We are willing to change onto a buy to let rate with Secure Trust Bank at an increased rate yet that has not been offered to us.
  • I am looking at moving abroad for work and would like consent to let from Secure Trust Bank whilst I am away. Is the way forward to prepare a letter requesting consent to let and mail it to Secure Trust Bank? The point of renting the property isn't to make money but to retain the property in case things don't turn out as well as we hope
  • How do I go about securing consent to let from Secure Trust Bank? Are there certain policies for example you must live in the property for a year before its given?
  • Just wanted to know what needs to be provided to Secure Trust Bank in order to get consent to let? I just finished a three year fixed mortgage and potentially moving to another house with my wife.
  • I need to contact Secure Trust Bank to enquire about letting out our house. Will they post an application to me. Is there a form I can download?