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.

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

  • Me and my husband were looking to buy a 2 bed flat with ten per cent deposit with the intention of living there. However in the next two years the in-laws are arranging to move to Spain for a year or two so we plan to move into theirBromley bungalow to "housesit". In the event that we go ahead with a residential mortgage with Bank of Scotland Private would we likely encounter any issues with gaining consent to let ?
  • I’ve a fixed mortgage with Bank of Scotland Private (with a little over two years remaining) but due to redundancy want to move away from Essex (actually to a new job in Holland) and so want to rent the property out. We are keen to avoid the expense of a repayment penalty and understand that some lenders are willing to provide this 'consent'...what is the approach taken by Bank of Scotland Private?
  • I previously took a mortgage with Bank of Scotland Private and the LTV is currently 60% with the Bank of Scotland Private current book value and would like to acquire a further property but would like to keep my existing property at the current market value. I have consent to let from another lender on a previous property so know a bit about them and I also have buy to let with Scottish Widows on another property. Does the expected rental income on a consent to let with Bank of Scotland Private need to be over and above the mortgage repayments? I have a fixed rate which I tied into a fixed rate and left the term at 18 years so it was paid off as early as possible, obviously this leaves with quite a high monthly repayment.
  • I bought a maisonette in Hounslow last November and have a two year fixed rate mortgage with Bank of Scotland Private. Looking to move in with my partner within the next 6 months and wish to lease out my property. Would like to be better informed as to the process.
  • Just curious as to whether it is possible if you own one property with consent to let from Bank of Scotland Private, to purchase a second with a residential mortgage to live in. Then once the consent expires on the first property, to switch to buy to let or sell it?
  • My fiance and I purchased a property in Bristol with Bank of Scotland Private and am moving to rent a property in Cardiff due to work. Is consent to let from Bank of Scotland Privatepossible? I only want to let out the flat for six to nine months before selling.
  • My partner and I are nine months into a three year residential mortgage with Bank of Scotland Private. Just enquiring if it's ok to rent out the property on my current mortgage. Will Bank of Scotland Private grant consent to let?
  • Just wanted to know what needs to be provided to Bank of Scotland Private in order to get consent to let? I just finished a three year fixed mortgage and thinking of moving to another apartment with my girlfriend.