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.

Common questions relating to Scottish Building Society consent to lease

  • I have a homeowner mortgage over my residence in loc with the intention of relocating overseas to country for three years. During this period I want to rent out my house. My lender is withholding consent to let. It’s hardly ideal to move to a buy to let loan as it’s only for a short period that I am abroad for.

  • In the coming months I plan to move home and I am wondering if I can get consent to let on my property then get a mortgage approval for the new house so I can put in an offer without being part of a chain and then lease my property out when I move. Is it likely that Scottish Building Society grant consent to let for six months if they know I am looking to buy somewhere else or only if I am moving temporarily for my job?
  • We have an offer accepted to purchase a property, we have a deposit of between 20-25% for a domestic mortgage with Scottish Building Society. The one concern is we are due to leave the country in three months for work. We are using a financial adviser. He says if you tell this to Scottish Building Society up front you will need to get a buy to let. Do go ahead with residential mortgage with Scottish Building Society, shortly thereafter ask them if I can have consent to let? Alternatively, do we try and contact Scottish Building Society at this point and say there is a chance we will move abroad in the future (nothing is definite concerning the move abroad) and see if they confirm before hand that it wouldn't be a problem
  • My mortgage with Scottish Building Society has been in place for just over 6 months but I discovered this morning that I will soon be made redundant. I would appreciate some tips on seeking consent to let from Scottish Building Society
  • I am considering moving abroad for work and would like consent to let from Scottish Building Society whilst I am away. Is the way forward to prepare a letter requesting consent to let and send it off in the post to Scottish Building Society? The point of renting the property isn't to make money but to retain the property in case things don't work out
  • If I were to apply for consent to let from Scottish Building Society what is the time scale Scottish Building Society would take to make a decision?
  • Me and my brother are thinking about applying to Scottish Building Society to obtain consent to let our home, how long does it take from the point of sending the forms to us finding a letting agent and listing our house for rent? and are there any further steps we will need to take?
  • I am looking at an offer to work abroad and have been advised that I need to let Scottish Building Society know so my mortgage is under consent to let? Please could you clarify the best way deal with this?