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

Common questions relating to Coutts & Co consent to lease

  • I have just come off the phone to Coutts & Co and they tell me that they discovered that I am letting out the garden flat despite having a normal mortgage. I moved out a couple of years ago for work reasons, couldn't sell and so had little choice to let out the property. Are you able to advise me on the financial repercussions will be for me not obtaining consent to let?
  • I am interested to know how challenging it would be to get consent to let from Coutts & Co. I am considering fixed deals and hope to live there but would like to know my options if work has opportunities elsewhere for eg in the next couple of yrs Could you let me know generally how receptive Coutts & Co are regarding consent to let?
  • My house had been let to students for three years from 2009-2012 while working overseas. I have a letter dated January 2010 from the building society 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 remortgaged since the letter was sent. 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 acceptable to the new lender Coutts & Co for the house I wish to purchase.Can this be right
  • I am a letting agent. Where a landlord opts to lease out their property without consent to let from Coutts & Co - what liability do I have, if any? Technically the landlord isn't committing a crime, however, they would be breaching their contract with the Coutts & Co, as Coutts & Co invariably require to be notified of any change in circumstances. If I look the other way could I be storing up trouble?
  • My husband and I are intending to switch mortgage provider to Coutts & Co for a fixed rate but the likelihood is that I will need to rent the flat out for about one year. Do Coutts & Co consent to let on fixed rate mortgages and if so, what are the procedures.
  • I are thinking about applying to Coutts & Co to obtain consent to let our property, how long does it take from the point of submitting the application to us finding a letting agent and listing our house for rent? and are there any other steps in the process?
  • I have a mortgage with Coutts & Co and am debating whether to sell or rent in the short term but don't have the equity for a buy to let mortgage at this time. How feasible are consent to let options currently?
  • Ten months into homeloan with Coutts & Co due to work reasons need to relocate. Is it possible to get buy to let or consent to let.