Need Help?

Need professional advice for your consent to let with First Trust 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: First Trust Bank consent to let

  • I am three years into my 5 years fixed term mortgage and have accepted an overseas job so would like to let my flat for two years. My loan to value is in the region of 50%. Are you able to clarify if First Trust Bank will load the interest rate for consent to let for the period of my letting?
  • I rented my house out for three years from 2009-2012 while employed Amsterdam. I have a letter dated March 2010 from my mortgage company granting consent to let. In the letter it clearly stipulates that the consent to let is valid for "the remaining term of the mortgage". I have not changed product since the letter was sent. I now plan to move house and rent out my existing house. However, my IFA has suggested that the 2010 consent to let letter may not be sufficient for the new lender First Trust Bank for the house I wish to purchase.Your view would be appreciated
  • A colleague recently asked for CTL from the Woolwich which they declined because the mortgage had not been in place for even half a year. I am about to request consent to let from First Trust Bank. Do they take the same approach?
  • Our fixed rate mortgage with First Trust Bank comes to an end on 13th May. I am required to move to Manchester for my Job in this winter. I wish to let out the house initially. Can I get a consent to let the property?
  • First Trust Bank. Will they issue consent to let a house for a couple of years? I reoccupy as an occupier.
  • I don't currently have consent to let from First Trust Bank but I would like to apply, I am looking at working away for eighteen months. But want to keep my house for my return - are you able to help?
  • Can I remortgage to First Trust Bank from my current provider, with a consent to let or do I need a let to buy homeloan, and if so what are the LTV's?
  • I want to apply for consent to let from my lender First Trust Bank to lease out my property. . Can you tell me whether First Trust Bank allow consent to let in this scenario?