Need Help?

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.

Bank of Scotland consent to let: Q and A’s

  • I have a residential mortgage over my residence in loc with the intention of relocating abroad to country for two years. During this time frame it makes financial sense to lease out my flat. My bank says I cannot have consent to let. I don’t really want a buy to let mortgage as it’s only for a short period that I am going away for.

  • I was wondering if you could please providing me some advice on what the process is for applying for content to let, what do I need to do. I am considering a Bank of Scotland mortgage on a £140,000 property in six months time. The aim would be to hold the house as a second home but I need to know what options there are to let the property in the future. If our situation was to change the property would either be sold or rented.
  • We have a fixed rate mortgage with Bank of Scotland for 2 years and have been living in the house for just over one year. Due to work I need to vacate so I would like to lease the property out. What is the best way to go about getting consent to let from Bank of Scotland?
  • I have been serving in the armed forces for three years and planning to acquire a property using a Bank of Scotland mortgage. I would like to get consent to let this house to my mother and father in law. In the future I plan to reside in the property with my family when I leave the armed forces. Is this achievable?
  • Just curious as to whether it is possible if you own one property with consent to let from Bank of Scotland, to purchase a second with a residential mortgage to live in. Then once the consent runs out on the first property, to switch to buy to let or sell it?
  • Were I to let my house out with consent to let from Bank of Scotland will there be any rate increase? I am currently on a standard variable rate.
  • How do I go about getting a consent to let application form from Bank of Scotland and how quickly can I get the consent?
  • I am considering moving in with my boyfriend at his home and would like to rent out my property that I purchased last autumn, I'm just not sure of the process as my property is my first home. What do I need to do to obtain consent to let from Bank of Scotland If I obtain consent will my mortgage payments go up?