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Need professional advice for your consent to let with Bank of Scotland Private Banking? 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 Bank of Scotland Private consent to lease

  • I am currently choosing a mortgage as FTB and considering Bank of Scotland Private with my mortgage adviser. Suppose I choose a 3 year fixed rate I move in the property and after one year, an opportunity arises which involves a relocation requiring moving overseas. Where Bank of Scotland Private grants me consent to let,does the interest rate remain the same or would it increase?
  • I am looking to get a consent to let from Bank of Scotland Private as my personal circumstances have changed. My stepdaughter was starting university and I concluded that we would move to the area and opted to purchase a house rather than rent for 3 years. After having purchased the house I have fallen out with my step daughter and she is unwilling to live there. Given that the whole point was for her and the house location isn't so convenient for my work I would like to move out and let the house
  • The plan is to move in with my partner and I have let my property out to 2 tenants on a one year AST. I am now applying for consent to let from Bank of Scotland Private but what if they decline. I can’t rescind on my contract in terms of not renting the students as the paperwork is finalised. On the other hand Bank of Scotland Private could sue me for contravention of mortgage condition i.e. letting it out without consent to let.
  • Last month I got married and my wife and I would like to buy a family home in the coming year, whilst keeping our ground floor flat in Lambeth we currently live in to rent out. Mortgage on the flat is with Bank of Scotland Private. I don't want to put myself in a situation with two residential properties only to be refused consent to let.
  • I am looking to Bank of Scotland Private to grant consent to let out my studio flat in Hillingdon. I am about to commence a PhD opportunity in Maastricht University, Netherlands
  • Where I have an existing normal mortgage with Bank of Scotland Private and am planning to rent it out in the future will I be given consent to let? What is the process and what needs to be done next?
  • I might potentially need consent to let from Bank of Scotland Private in the future with work. I am just exploring what the options would be if this was the case. Is there a limit on the length one can let out a property with consent?
  • I am looking at an offer to work overseas and have been advised that I need to let Bank of Scotland Private know so my mortgage is under consent to let? Please could you clarify the best way deal with this?