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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 rent out my property in Southwark. I didn't seek consent to let. I moved to Ashford for career reasons and was unable to cope with the traveling but was nervous that Scottish Building Society would charge me a small fortune so I decided to take the risk. I'm hoping to do the right thing now... basically carry on letting it but with consent. Can you offer any advice as to how I go about doing this?
  • Good morning, I have consent to let my house with Scottish Building Society and am now looking to give my tenant 2 months notice as I intend to find a buyer. I am worried about the property being empty once the tenant leaves and finding a buyer. Not once have I missed a payment on the account, would it be possible to take payment breaks pending the sale of the property?
  • We plan to let our existing apartment out shortly after we move. This is to be done with consent to let from Scottish Building Society. As of now the property is in my name but I am a higher rate tax payer. Is it best to do a Transfer of Equity to her or can I do a Declaration of Trust?
  • I acquired a ground floor flat in Redbridge one year ago and have a 2 year fixed rate mortgage with Scottish Building Society. Looking to move in with my boyfriend imminently and wish to lease out my property. Would like to be better informed as to the process.
  • We have already let but only just realised Scottish Building Society ought to have been advised and consent to let sought - can this be obtained retrospectively?
  • I have split up with my wife and we have moved back in with our respective parents and plan to divorce. What do I have to do to get Scottish Building Society to give consent to let our house out to students?
  • I have a residential mortgage with Scottish Building Society - about 28% equity. I am considering relocating for another job and was enquiring if Scottish Building Society are flexible in changing the mortgage to allow for consent to let?
  • Are you aware of any discretion in the accepted equity amount before transferring from an existing Scottish Building Society mortgage to a consent to let?