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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.

First Trust Bank consent to let: Q and A’s

  • I have a residential mortgage over my home in loc and intend to move to country for two years. During this time frame I want to let out my house. My bank will not provide me with consent to let. I wish to avoid taking out a buy to let loan as it’s only for a limited time-frame that I am going away for.

  • I am currently in the process of emigrating to California . As opposed to sell up, I wish to rent my current property out, just in case things don’t work out and I decide to return in a couple of years. My current mortgage is with First Trust Bank. Would I be able to remortgage with another mortgage company on a much lower interest rate then apply for Consent to Let once the refinancing is in place?
  • I am a couple of years into my five year fixed rate mortgage and have accepted an overseas job so wish to rent out my home for two years. My loan to value is in the region of 65%. My query is if First Trust Bank will load the interest rate for consent to let for a couple of years?
  • My wife and I may need to rent out our home for a while due to a career opportunity. As we will be away for no more than twelve months would we need a consent to let our house. We already have a First Trust Bank mortgage. What charges are involved and is there a time limit on consent to let?
  • I am looking to First Trust Bank to grant consent to let out my studio flat in Croydon. I am travelling for a year
  • I wish to know all the factors and procedures in place to switch my First Trust Bank mortgage to a consent to let?
  • I have a domestic mortgage with First Trust Bank, and I would like to let the flat out, until I decide whether to sell or keep it as an investment. At the moment I am on the fixed rate. Will I need to move onto a new mortgage? I.E. buy to let?
  • I am fixing my homeowner mortgage with First Trust Bank but as a result of my job I may have to live abroad for a couple of years. Will First Trust Bank allow and give consent to let and will any penalties be applied in such a situation