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

Examples of recent questions relating to Bank of Scotland consent to let

  • I have a Bank of Scotland home loan and am keen to obtain consent to let as I wish to move to another apartment that I own. It would appear that might be able to assist. How do your fees work for this service?
  • I rented my house out for three years from 2009-2012 while living in New York. I have a letter dated May 2010 from the lender granting consent to let. In the letter it explicitly states that the consent to let is valid for "the remaining term of the mortgage". I have not changed product since the letter was issued. 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 Bank of Scotland for the house I intend to purchase.Can this be correct
  • I would appreciate some feedback as to whether consent to let from Bank of Scotland is the best approach. I acquired my house last January by porting a Bank of Scotland mortgage product. My fixed term ran out two months ago I'm probably going to be moving in with a new partner. I would prefer not to sell my property yet because I'm unsure of whether the new move will prove successful. Would it be likely that Bank of Scotland would grant a consent to let based on me letting out my property on a an AST for 1-2 years and then I either commit to a buy to let product or sell it?
  • We are currently in Melbourne and leasing out our flat in the UK. This was unplanned but an opportunity arose and we took it. The rental income is not enough to cover the mortgage so we send back money each month to make up the difference. Last week I got a letter in the post from our lender telling me that because the property is being let out and has been for almost two years we will have to pay 1.5% interest in addition to our current mortgage rate. We could sell up but this will be difficult as I am on the other side of the world. Would it be possible to remortgage with Bank of Scotland and get consent to let?
  • How much of my mortgage allowance will be made available to borrow if I change my mortgage to a consent to let with Bank of Scotland?
  • I would like to know if I have a domestic mortgage with Bank of Scotland and decide to let it out, does the rate increase and are there any additional fees for applying for consent to let.
  • Do Bank of Scotland offer consent to let? I am just considering this as an option if I move home in the coming months
  • My wife and I may need to lease our home temporarily due to a new job. This will be for a limited period but no more than threeyears. Should I tell Bank of Scotland or do I keep schtum?