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Need professional advice for your consent to let with Bank of Scotland? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Top Five Questions relating to Bank of Scotland consent to lease

  • What do I do if my application for consent to lease is rejected by Bank of Scotland?

  • My partner and I are FTBs, presently renting. We want to purchase a studio flat in Wandsworth. We want to move there, but will need to wait for a job - perhaps a couple of years. Do we need to seek a B2L mortgage? Would it be possible to take a normal mortgage with Bank of Scotland, even though we won't be moving in straight away? Alternatively could we reside there for a couple of months, then start renting it with consent to let from Bank of Scotland? I'm only willing to consider suggestions that are entirely legal, and wouldn't breach the provisions of the mortgage with Bank of Scotland.
  • Please explain "consent to let" to me? I live in a 1 bed flat and its in good condition. It has been on with agents for two months and I can't find a buyer. This is probably due to an ongoing feud with the family next door. I had no choice but to mention this on the disclosure sheet. Mortgage is with Bank of Scotland on a standard variable rate. It has been suggested to me that I should get consent to let via Bank of Scotland and let the flat to tenants.
  • I am in the Royal Air Force and intending to buy a home with a Bank of Scotland mortgage. I would like to get consent to let this property to my parents. In the future I plan to live in the property with my family when I leave the Royal Air Force. Is this achievable?
  • I was just wondering if Bank of Scotland were picky when giving out consent to let. I sent my request on date and I am waiting to hear back. Should I start chasing or wait for a bit longer?
  • Just looking for some help. I currently have a mortgage in place with Bank of Scotland. I have had approval to sublet my flat from the freeholder of the block and they asked if I have consent to from Bank of Scotland.
  • In the event that I was successful in obtaining consent to let from Bank of Scotland, could I sell during the consent period? Is it possible that I would incur any charges?
  • Do you know if there is normally a required LTV before Bank of Scotland will consider consent to let?