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Need professional advice for your consent to let with Scottish Widows Bank plc? 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 Widows consent to let

  • At the moment I have a mortgage with Scottish Widows and I am thinking of purchasing a home with my soon to be wife. It's her council house on a right to buy scheme. Will I be able to transfer my Scottish Widows mortgage to lease out my existing property in Redbridge even though the property is currently in negative equity.
  • Please can you give me some advice on what the procedure is for applying for content to let, what do I need to do. I am considering a Scottish Widows mortgage on a £200,000 house in six months time. The intention is to hold the house as a second home but I would like to know what options there are to let the property in the future. If our situation was to change the property would either be sold or rented.
  • I have recently sought consent to let from Scottish Widows, but wondered if they impose any requirements on the level of rental yield?
  • I have a question concerning consent to let. I have a Scottish Widows mortgage on my property (with quite a bit of equity). We are planning to move out of Bristol and if at all possible want to rent out our house with consent to let from Scottish Widows and use the income from that to help get approval for a 2nd mortgage for a house to live in. What is the best way to fund a second mortgage without selling my old property and using the equity as a deposit for the new property. Is there anyway I can change my old mortgage to a buy to let mortgages or obtain consent to let and take on a second mortgage without having a deposit to put down.
  • It would be helpful to know if Scottish Widows are likely to grant consent to let out our house in Croydon
  • How much is it to get a consent to let from Scottish Widows on my residential property. Last week I moved in with my husband and have a family member renting from me.
  • I am currently in the process of getting a mortgage through Scottish Widows - There is a chance that in the within months I may decide to rent the property out - how would I change the normal mortgage to a buy to let mortgage?
  • I have 5 months to remaining on a two year residential mortgage with Scottish Widows but now let the flat out. Can I assume they will just charge a set fee for consent to let?