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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 let: Q and A’s

  • I have rented out my studio flat in Haringey for the past 18 months, and I didn't realise that I required consent to let. I would like to do things properly. Would this be an issue?
  • I am a first time buyer in the process of trying to buy a flat. However I am potentially also going to be moving abroad in the near future. I have told this to my mortgage broker who has informed me as long as nothing has been signed or confirmed you can go ahead and apply for a residential mortgage with Secure Trust Bank. Once that's complete if it transpires that I need to move abroad he said can apply for a consent to let from Secure Trust Bank. Does that sound like the right advice?
  • My fixed rate mortgage with Secure Trust Bank expires mid next year and I wish to fix for another 4 years with Secure Trust Bank, with any luck rates will remain low. In two years time I may wish to move temporarily to a different county. How problematic is it to get consent to let by Secure Trust Bank in this situation? Assuming that monthly rent payments would be about £175 above the Secure Trust Bank mortgage payments.
  • I have a homeowner mortgage on a three bed flat in Waltham Forest but have rented it out without letting Secure Trust Bank know this. I now require a consent to let letter. How can I get one?
  • My fixed rate loan with Secure Trust Bank expires in September and have to relocate for work soon after. Is it likely that I be able to both refinance and get consent to let?
  • Our Secure Trust Bank mortgage is coming up for renewal. We would like to apply for a new fixed rate mortgage and then apply for a consent-to-let. Is this possible? We don't use the house much now that our kids are growing up, and would be better used as a rental.
  • Does my loan to value need to be at a certain level to allow me to apply for a consent to let from my mortgage provider Secure Trust Bank. Does it make a difference that I only took out the mortgage four months ago?
  • What, if any, income criteria do Secure Trust Bank set for consent to let on an existing standard mortgage?