Need Help?

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.

Frequently asked questions relating to Bank of Scotland Private consent to lease

  • I am two years into a five year fixed term mortgage and have accepted an overseas job so would like to rent out my home for a couple of years. My loan to value is about 65%. Can you tell me if Bank of Scotland Private will load the interest rate for consent to let for the period of my letting?
  • I have a Bank of Scotland Private mortgage and have been letting out my flat without consent to let, which I am now led to believe means I am in breach of my mortgage terms and condition. I think that they have sussed that I am not living there. What negotiating options are available if I don't sell it in time before they become aware I am in breach of my terms and condition?
  • I have just been presented with an excellent career opportunity for 6 months in New York. I do have sufficient money to meet the monthly Bank of Scotland Private mortgage however the block insurance requires continuous residency in order to be valid. Last Christmas the roof suffered storm damage but was repaired. Should there be any problems through the winter months I would find it hard to afford repair costs. Will I qualify for consent to let from Bank of Scotland Private for a limited period?
  • I recently received a MIP from Bank of Scotland Private for a detached house. I have applied through Right to Buy. It is a 20 year mortgage. I am curious as to what is the main criteria Bank of Scotland Private adopt in order to grant customers consent to let? Is consent to let based on the rental amount for a property?
  • Hello, what documents or paperwork would Bank of Scotland Private require for a consent to let letter?
  • There is a chance of me going to Aus for a year with work. Planning on taking my partner with me and hoping to rent our Southwark home in the meantime on a short term basis to make matters more cost effective. I was just enquiring about the processes of getting a 'consent to let'
  • I have had my mortgage with Bank of Scotland Private for the previous twenty months and I am at present just wanting clarification as to whether gaining a consent to let is likely.
  • I am fixing my homeowner mortgage with Bank of Scotland Private but as a result of my job I will probably have to live abroad for few years. Will Bank of Scotland Private allow and give consent to let and will any penalties be applied in such circumstances