Need Help?

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.

Examples of recent questions relating to Scottish Building Society consent to let

  • Colin (my husband) and I may need to let our Greenwich home for a while due to a career opportunity. This will be short-term but possibly for as long as 2 years. Do I inform Scottish Building Society or am I best advised to just keep quiet?

  • I have a homeowner mortgage over my residence in loc with the intention of moving overseas to country for two years. During this time frame it makes financial sense to lease out my apartment. My bank refuses to issue a consent to let. I wish to avoid taking out a buy to let mortgage as it’s only a short term option that I am abroad for.

  • I would like to explore if I can obtain consent to let on my existing home. I have a mortgage with Scottish Building Society but my circumstances have changed. I'm looking to move in with my partner and son who have a house and is larger than my studio property. I doubt I will qualify for a buy to let mortgage as I don't have the funds for a deposit nor do I earn more than £25000 a year.
  • Am I required to notify Scottish Building Society of my plan to rent a room out to a lodger. I have two spare rooms that could be used by lodgers and I was thinking that as the occupancy remains in keeping with that of the 'family' use of the property it might not require consent to let. Can you help clarify? I am taking separate advice on the insurance, legal and tax ramifications.
  • Is it possible to remortgage with Scottish Building Society with consent to let if my fixed rate is reaching it’s end. Circumstances would not have changed.
  • I have a mortgage with Scottish Building Society at the moment and just wondering if there any costs for obtaining consent to let
  • My wife and I want to let our house out and use the rental income to pay rent on a house in Haringey. What are the chances of being given consent to let by Scottish Building Society without being forced onto a BTL product.
  • Does my loan to value need to be at a certain ratio to allow me to apply for a consent to let from my mortgage provider Scottish Building Society. Will it make a difference that I only recently out the mortgage two months ago?