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Need professional advice for your consent to let with Scottish Building Society? 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: Scottish Building Society consent to let

  • I have been letting out my flat with "consent to let" from Scottish Building Society on a standard mortgage for the past two years. Scottish Building Society have put forward an ultimatum revoking consent to let if we do not convert to one of their "buy to let" products.

  • I am looking to emigrate to California . Rather than sell up, I wish to lease my current property out, just in case things don’t work out and I decide to come back in a couple of years. I have a current mortgage is with Scottish Building Society. Would I be able to remortgage with another mortgage company on a much lower interest rate then apply for Consent to Let once the re mortgage is in place?
  • I am currently choosing a mortgage as FTB and considering Scottish Building Society with my broker. Suppose I choose a 5 year fixed rate I live at the property and after 2 years, I come to get an opportunity of work relocation effectively moving out the area. In the case Scottish Building Society issues me consent to let,does the interest rate load the interest rate?
  • Earlier this year I rented out my studio flat having secured Consent to Let with my building society. 6 months have now gone by and they have loaded my repayment percentage as previously advised. I am unwilling to switch to a preferable product with them, as they will withdraw my consent to let. If I was to go with another provider such as Scottish Building Society, would I need to take out a Buy To Let loan or could I just refinance and obtain consent to let?
  • My mortgage company refuse to grant consent to let until I have a move in date confirmed with a tenant. How can I confirm this whilst lacking consent to let? I can't be certain but I think my friend had a similar issue with Scottish Building Society.
  • How much is it to get a consent to let from Scottish Building Society on my residential property. Last week I moved in with my wife and have a colleague wanting to let out the property.
  • Just wanted to know how to precure a consent to let from Scottish Building Society who I have a mortgage with. There is an outstanding balance of 87k. The value of property is 110k. Its in my name but my wife and I would like to purchase a garden flat in Lambeth we have seen together. How do we go about it?
  • I was wondering if you could assist. I do not have consent to let from Scottish Building Society and was wondering if this option is available to me to move to as I have to move back home to take care of my mum