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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

  • Me and my husband have a Bank of Scotland mortgage and are are up to date with payments, in gainful employment etc. Do you know how much the fees are and if Bank of Scotland usually grant consent to let without transferring to a commercial rate?

  • Our present house in Redbridge has nearly £120K equity with a home loan with Bank of Scotland. It's a 3 bed house in a popular area and it should rent well. We are probably moving for my partner’s work and were thinking of holding onto the house on as a rental property - should we be swapping the mortgage to a buy to let product or should we apply for consent to let by Bank of Scotland?
  • I am planning to apply for consent to let from my existing mortgage provider Bank of Scotland. A colleague of mine said that she was issued with ‘consent to let’ confirmation from a different lender where it stipulated that the tenancy granted must be in the form of an AST. Can you explain what this is?
  • My OH and I would like to be informed of what the policy is for Bank of Scotland for consent to let. I have come across contradictory suggestions in relation to charges and rates. I need to relocate for work but can not sell the house due to a depressed market.
  • We are nine months into a three year normal mortgage with Bank of Scotland. Just enquiring whether it's permitted to rent out the property on my existing mortgage. Will Bank of Scotland issue consent to let?
  • My marital situation has changed, and I wish to let my home out - meaning consent to let- I have approx £175K loan with Bank of Scotland and currently 100k equity I need to avoid the early repayment fees.
  • I was just looking into consent to let as it's something potentially I would need from Bank of Scotland within the next 12 months. Our circumstances have changed, and I would like to lease my property out
  • I took a domestic mortgage with Bank of Scotland, and I would like to rent the property out, until I decide whether to sell or hold on to it as an investment. At the moment I am on the fixed rate. Will I need to move onto a new mortgage? I.E. BTL?