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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.

Scottish Building Society consent to let: Q and A’s

  • We are a young couple and we have identified a house in Southwark that we like and want to take out a mortgage with Scottish Building Society. The issue is that I am pregnant and might give birth very soon as I am on the last few weeks of pregnancy. This means that it would not be possible for us to move straight away so we are thinking to keep living with my mum and dad for about six months. In the meantime, if we get this property, we can lease it out. I was just wondering how will that work out? Will we be liable to get consent to let by Scottish Building Society
  • I moved out of my apartment about 4 months ago but didn't get around to get a consent to let letter, primarily because the mortgage fix rate period is ending in a couple of months and I am considering getting a new mortgage anyway. I want to ask for consent now, is that going to open up a hornet’s nest?
  • Approximately twelve weeks ago I moved out my house in a rush and rented out the property. I am aware I needed consent to let by Scottish Building Society but was uncertain as to what the future would hold and just forgot about it. I'm now in the position where I want to sell that property and transfer the Scottish Building Society loan to a new house. I am struggling to find a path to do this without being at the mercy of Scottish Building Society for not seeking consent to let. When porting, at the time of selling, you must say you intend to "park the rate" and go through fresh set of affordability checks. While I have no difficulties with affordability, the credit check may reveal I no longer resident at the property.
  • Last month I got married and my wife and I would like to purchase a family home in the coming year, whilst keeping our maisonette in Hillingdon we currently live in to rent out. Mortgage on the flat is with Scottish Building Society. I don't want to put myself in a situation with two residential properties only to be refused consent to let.
  • My fiance and I are looking to ask Scottish Building Society for consent to let out our house in Westminster. We are moving overseas for 2 years and need to let it out. I omitted to check this out when we took the Scottish Building Society mortgage, and that was due to the fact that we never thought an opportunity would arise such as this so was planning on being in the property.
  • My fiance and I were curious as to whether it is possible if you own one property with consent to let from Scottish Building Society, to purchase a second with a homeowner mortgage to live in. Then once the consent runs out on the first property, to change to buy to let or sell it?
  • I would like to know how to go about getting consent to let from Scottish Building Society and any costs involved. I've moved in with my partner and have a colleague renting from me.
  • 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.