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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.

Questions and Answers: Bank of Scotland consent to let

  • In what circumstances will consent to let for a property be issued by Bank of Scotland? For what period of time do you have to have had the mortgage before consent to let can be negotiated with Bank of Scotland? By way of background we are moving abroad for 20 months with my husband's work and will need to rent our property. I would be looking at getting a consent to let initially to be able to put a tenant in it to offset the costs of the Bank of Scotland mortgage.
  • I previously got consent to let from Bank of Scotland in 2012 but failed to need it and have since remortgaged to another mortgage provider. I recently applied for consent to let. I was informed that it would be given since I met the criteria. However I got a letter informing me that I must supply a letter from the DWP indicating that that are aware of my current situation before they can issue consent. They said this is policy but I have not been able to find these T&Cs on their site. I did complain about the insinuation that I might intend to continue to claim help with interest from the DWP whilst receiving rental on the property. They apologised and offered to deposit £35 in my account . However i still am unable to locate this term and condition and i feel this is otherwise inappropriate I want to let my property as a way of releasing me from redress to social benefits not in order to discontinue claiming
  • I would like to move house and I am enquiring if I can get consent to let on my property then get a mortgage approval for the new house so I can put in an offer thus being chain free and then let my property out once I move. Will my lender Bank of Scotland grant consent to let for 12 months if they know I am looking to purchase a further property or only where one is relocating short term for my job?
  • Me and my partner a apartment in Manchester and will be moving to Bristol at the beginning of January. I have a letting agency and tenant ready. I was proposing to keep quiet as I'm worried Bank of Scotland will insist that I change my mortgage rate for buy to let which is not economically viable. I appreciate that it would be preferable to get a consent to let via Bank of Scotland but am afraid if I open Pandora's box it would lead to no end of issues
  • My fiance and I acquired a place in Kenton with Bank of Scotland and am moving to rent a property in Oxford due to work. Is consent to let from Bank of Scotlandavailable? I only want to rent out the flat for six to nine months before selling.
  • Due to work opportunities I will be relocating to Belfast and would like to let out my flat temporarily, are you able to confirm what action I need to take in order to achieve consent to let from Bank of Scotland?
  • I have only recently completed my mortgage with Bank of Scotland since when my boyfriend has proposed and we are deciding whether to reside in his house or my property. Would I be granted consent to let if I were to move in with him
  • I was just wondering how to obtain consent to let from Bank of Scotland...do I call them or apply formally in writing to them?