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Need professional advice for your consent to let with Lloyds TSB Scotland plc? 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 Lloyds TSB Scotland consent to lease

  • I have a colleague who is thinking about leasing their house out and moving in with partner. The property is in Tower Hamlets and has a £80k home loan with Lloyds TSB Scotland. What would she need to do to get consent to let if she decides to move forward.
  • I am contacting you on behalf of my cousin who has a mortgage with Lloyds TSB Scotland. He wanted to find out if there is a fee for consent to let? He has been in his property for two years but has been offered a job 95 miles away away for 2 years and was thinking about renting the apartment out while he is away.
  • I have a mortgage with Lloyds TSB Scotland. I would like to buy a second property and my mortgage broker suggested I apply for a consent to let. As far as I am aware they only grant consent to let if I have the intention to move back into my current home. Your view would be appreciated?
  • I am expecting to apply for consent to let from my existing mortgage lender Lloyds TSB Scotland. A friend of mine said that he was issued with ‘consent to let’ confirmation from a different lender where conditions attached to the consent referred to an AST. Can you explain what this is?
  • Were we to ask for a consent to let letter by Lloyds TSB Scotland will we be made to convert to buy to let mortgage? Our mortgage is with Lloyds TSB Scotland and as properties are not selling at the mo and we have seen one we like we were considering letting our home out in order to acquire the new and sell this one when the market picks up.
  • If I am tied into a fixed rate with Lloyds TSB Scotland but am thinking of letting out my property, is there a charge for consent to let from Lloyds TSB Scotland and does the interest rate alter?
  • Will Lloyds TSB Scotland choose to exercise a right to convert the rates on a homeowner mortgage where Consent to Let at any time, onto ‘rates equivalent to their Buy to Let range'? Can one refinance on a consent to let with Lloyds TSB Scotland?
  • I would like some advice on how best to approach my mortgage company Lloyds TSB Scotland regarding a 'Consent-to-Let' application. Is this something you can offer guidance on ?