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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.

Lloyds TSB Scotland consent to let: Q and A’s

  • Can a new mortgage be taken on a consent to lease with Lloyds TSB Scotland?

  • After fifteen years in London, I'm considering relocating to be closer to family. We've only been homeowners for the last two years and about to renew our mortgage with Lloyds TSB Scotland. In the relocation destination, we are be looking at a 3-bed house around the £350k mark. I would preferably like to retain my existing flat. Could I ask for Consent to Let from the proposed new lender Lloyds TSB Scotland. If granted what are the likely conditions?
  • I am planning to utilise equity in my current house to purchase another property which I intend to live in whilst I do it up. My preference is to rent my current property with the Lloyds TSB Scotland homeloan. I was just seeking a general view on whether Lloyds TSB Scotland currently allows consent to let? House is valued at £300 k with a £150k mortgage in place.
  • My husband and I would like to know what the criteria is for Lloyds TSB Scotland for consent to let. I have heard different suggestions in relation to charges and rates. I need to move area for career reasons but can not sell the property due to a difficult market.
  • How much is it to get a consent to let from Lloyds TSB Scotland on my residential property. Recently I have moved in with my husband and have a friend renting from me.
  • We are close to purchasing a place and plan to live in it once we have renovated but we may need to let the property out but not clear on what the rules are on consent to let from Lloyds TSB Scotland? We don't need a buy to let mortgage because we are not certain if we will need to let it out at all
  • Will Lloyds TSB Scotland choose to operate a right to switch the rates on a owner-occupier mortgage where Consent to Let at any time, onto ‘rates equivalent to their BTL range'? Is it possible to refinance on a consent to let with Lloyds TSB Scotland?
  • My Lloyds TSB Scotland mortgage is coming up for renewal. We would like to apply for a new fixed rate mortgage and then apply for a consent-to-let. Is this possible? We don't use the house much now that our kids are growing up, and would be better used as a rental.