Need Help?

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

  • Scottish Widows have just granted me consent to let. After some effort, Scottish Widows have issued me with ‘consent to let’ confirmation . There is reference to an assured shorthold tenancy. What is that?

  • What are the chances of Scottish Widows in granting Consent To Let on a one bedroom apartment? Agents have had it on the market for three weeks. I need to sell but I'm concerned that given the lack of interest I will need to let out the property in order to cover the mortgage to Scottish Widows (I no longer live there). I would prefer to come clean with Scottish Widows than keep them in the dark but I'm not sure how accomodating they will be.
  • What is the procedures for obtaining consent to let from Scottish Widows? What information do they require? is there a fee to pay? How long the consent is valid for? Do I need to renew it annually? What if I obtain a consent but decide to sell the property rather than let out the property?
  • I bought a three bed apartment in Hillingdon in 2009 and remortgaged with Scottish Widows on a rate which expires in the coming months. If I go overseas for work and want to rent out my property what would I need to do to get consent to let and what are the financial repercussions if any?
  • How simple is it to obtain a consent to let from Scottish Widows and what are the fees? If I want to let out my property for three months how easy is it to chop and change between a owner occupier mortgage and consent to let?
  • I am looking to get consent to let on my Ealing apartment from Scottish Widows. I will be leaving the UK for a period of time so wish to know if I can rent out my flat
  • My partner and I have had my home loan with Scottish Widows for eight years and always made payments If I sought consent to let would I get a positive response?
  • 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. Do you think Scottish Widows increase my mortgage rate?