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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

  • I acquired a garden apartment in 2011 for just under 200,000 with Bank of Scotland. My husbands career requires that we move to Qatar and now wish to have to get consent to let from Bank of Scotland. Do you have any experience of consent to lease from Bank of Scotland?

  • I have let out my one bedroom apartment in Greenwich for the last two years, and I had not appreciated that I required consent to let. I now want to rectify this. What are the legal repercussions of my actions?
  • Am with Bank of Scotland and wonder if I am obliged to notify them if we no longer live in the property. I fear that they could jack up the interest rate if we move and let it out but it's not very apparent what the increase would be. If I decide to lease my house out and seek consent to let how would the payments go up?
  • Due to a change in family circumstances my husband and I are moving to my parents house while they are away and letting our flat out. We are going to need for consent to let from Bank of Scotland. Will this be given? We will need to remortgage in the next 12 months will we then switch to a BTL product. We intend to return to our home at the beginning of 2017?
  • Are you able to give me some preliminary insight re consent to let? We have a Bank of Scotland mortgage and are thinking of renting the property out for a couple of years, but cannot really afford to switch to a buy to let mortgage. Is consent to let a viable option rather than to switching to a buy to let rate?
  • Can you explain the process for being given consent to let from Bank of Scotland? Are there specific requirements for example you have to have owned the property for over 9 or 12 months before its granted?
  • Is there a fixed or maximum term how long I could let my home 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?
  • Me and my husband want to consider the option of renting out my apartment with consent to let from Bank of Scotland whist away travelling for six months