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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.

Examples of recent questions relating to Bank of Scotland consent to let

  • I have a homeowner mortgage with Bank of Scotland and will be joining the Royal Fleet Auxiliary in August. This is a civilian manned fleet owned by the MOD. I will be at sea four months on and three months in the UK. During my time on assignment I want to let out my house in Hackney and live with my father when on shore. If Bank of Scotland refuse are there lenders that might be amenable?
  • I have recently let out my two bedroom first floor purpose built maisonette and have gained a Consent to Let with my MP. Six months have now gone by and they have loaded my payments as previously advised. I cannot change to a more favourable product with them, as they will revoke my consent to let. Were I to go with an alternative mortgage provider for instance Bank of Scotland, would I be required to get a BTL loan or could I just refinance and get consent to let?
  • As a result of changes in my personal circumstances I intend moving in with my girlfriend next month and I have let my property out to two tenants on a twelve month AST. I am now applying for consent to let from Bank of Scotland but what if they decline. I can’t renege on my contract in terms of backing out of renting the students as the paperwork is finalised. On the flip-side Bank of Scotland could sue me for breach of contract i.e. letting it out without consent to let.
  • I have a apartment in Brent with a Bank of Scotland mortgage but have not lived there for a while. My brother moved in but is there rent free. I currently live in rented accommodation and am looking to purchase a house. I have found a great property at reasonable price. I have enough of a deposit to put down on the house I am interested in but would be hard pushed to pay enough off the old property to change it to a buy to let loan at the same time. Can I transfer the current Bank of Scotland mortgage for my old property into a consent to let and use my reserves to pay a larger deposit for the homeowner mortgage on the property that I am looking to purchase?
  • My wife and I wish to move home and have identified a property we wish to purchase so are considering letting out with consent to let from Bank of Scotland for our existing property to allow us to make an offer and not lose the potential new house.
  • Me and my brother are considering applying to Bank of Scotland to obtain consent to let our house, how long does it take from the point of sending the forms to us finding a letting agent and listing our house for rent? and are there any further steps we will need to take?
  • I may be looking to let out my property and wondered what I would need to do to get consent to let by Bank of Scotland. There is a possibility that I might be moving abroad for a year.
  • Is there a fixed or maximum term how long I could let my property out to a family member with consent to let from Bank of Scotland. I no longer want to live in the area and want to buy a new home?