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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.

Common questions relating to Scottish Widows consent to lease

  • My brother and I are currently one year into a year fixed rate mortgage with Scottish Widows. We would like to buy a larger second property in the coming months however would like to keep the first property and I was enquiring as to what reason we could put down on the consent to let form to obtain consent to from Scottish Widows
  • What information do Scottish Widows need to to decide whether to grant consent to let. I am on a 5 year fix with them. I have never missed a payment. I am looking at moving to the countryside due to surprising growth of family. I will be sticking with my existing job and my annual income has increased by 15% since the mortgage started.
  • In a situation where a property owner chooses to let out their property in the absence of consent to let by Scottish Widows - what, if any implication could there be for an agent acting for the landlord?
  • I am in the Royal Air Force and planning to acquire a property with a Scottish Widows mortgage. I would like to be given consent to let the property to my mother and father in law. In the future I would reside in the property with my family when I leave the Royal Air Force. Is this possible?
  • Due to career opportunities I will be relocating to Belfast and would like to let out my flat temporarily, please let me know what action I need to take in order to get consent to let from Scottish Widows?
  • Do you know if I can keep my current homeowner mortgage with Scottish Widows if I start renting out? If the consent to let is granted will they load the interest rate?
  • I am considering relocating with work and would need to rent my property out. I have a mortgage with Scottish Widows. My property is worth approx £200k and owe £48k on it. How likely is it that Scottish Widows increase my interest rate?
  • I would like some advice on how best to approach my mortgage lender Scottish Widows regarding a 'Consent-to-Let' application. Is this something you can offer guidance on ?