Two, the  could proceed without the landlord's licence, it would then be up to the landlord to apply to the court to have the lease forfeited when you could arrange the defence that you were a reasonable tenant and as such the assignment should have been allowed to permit this course of action but of course you are using bank money as well as your own and the bank would be unhappy to lend money in a situation where there was a possibility, albeit a slight, that the lease would be forfeited.