Need Help?

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

Questions and Answers: Ulster Bank consent to let

  • I had a chat with a mortgage broker friend last week. She said that were I to decide to move abroad with my job for a period then I should not apply for consent to let from my mortgage provider (Ulster Bank) until at least two weeks before I plan to let my property. Does that mean I have to find a tenant first and then obtain a consent to let?
  • My husband and I are in possession of a mortgage offer from Ulster Bank, but we hit a brick wall. My husband is a teacher in a boarding school, whereby accommodation is a perk of the job. We wish to buy a 2 bed flat to get on the ladder, and let it out while we're living at the school accommodation. I had thought Ulster Bank would be willing to give consent to let from day one of the loan. It transpires that we may be refused consent to let. Can you give me any advice?
  • My husband and I recently sorted our rates for another fixed period with Ulster Bank. Some weeks later, I attended an interview and basically I accepted the job offer in Hackney. I'm going to rent a two bedroom flat for me and my family in Barnet as we don't wish to sell the house whist there is a chance that we come back before two years.... We really don't know whether it will go. We have contacted Ulster Bank but we would like also your take on the situation. How is it to have a consent to let in that case as we secured a fixed 5 years rate we really don't want to lose this rate.
  • My partner and I intend to lease our studio flat out. We have made an offer on a further property for us to buy and have a tenant to move into ours. I assume I have to ask our lender Ulster Bank for consent to let. Is there a template consent to let request letter I can use?
  • This is not a question specific to Ulster Bank but do mortgage companies generally provide the information I need for my Buy to Let or Consent to Let self-assessment tax returns?
  • I am considering relocating with work and would need to rent my property out. I have a mortgage with Ulster Bank. My property is worth approx £250k and owe £85k on it. Do you think Ulster Bank increase my interest rate?
  • Me and my OH and I would like to obtain consent to let on a house where we have a mortgage with Ulster Bank. If granted, how long would consent be given for? In asking for consent to let from Ulster Bank are we running the risk of them forcing us to change deal to buy to let
  • Can you tell me how much the fees are and if Ulster Bank ordinarily give consent to let without transferring to a commercial rate?