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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.

Questions and Answers: Bank of Scotland consent to let

  • Are any options available to me if my request to obtain consent to lease is rejected by Bank of Scotland?

  • I currently have a normal mortgage with Bank of Scotland. My company has offered me a home as part of my job and want to rent out my current house. The mortgage advisor seems confident that it is a formality. Are you able to provide me with some information please?
  • We would like to be informed of what the policy is for Bank of Scotland for consent to let. I have heard contradictory suggestions in relation to fees and rates. I need to move area for career reasons but I don't want to sell the property due to a depressed market.
  • I have a normal mortgage coming up for renewal with Bank of Scotland. I have had the property rented out for two years and I now realise I should come clean to Bank of Scotland. I am led to believe that I can seek consent to lease, but bearing in mind that the property has already been let out could they deny - insist I swap to a BTL rate and issue a penalty? I have over 50% equity in the property - and the rental income far exceeds the monthly loan payments.
  • This is not a question specific to Bank of Scotland but do mortgage companies generally provide the information I need for my Buy to Let or Consent to Let self-assessment tax returns?
  • Bank of Scotland. Will they grant consent to let a property for 18 months? I reoccupy as an owner.
  • My wife and I want to let our house out and use the rental income to pay rent on a house in Westminster. What are the chances of being given consent to let by Bank of Scotland without being forced onto a BTL product.
  • I have a mortgage with Bank of Scotland and am considering whether to sell or rent in the short term but don't have the equity for a buy to let mortgage at this stage. How feasible are consent to let options currently?