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Need professional advice for your consent to let with Scottish Building Society? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Questions and Answers: Scottish Building Society consent to let

  • I am about to join the property ladder hoping to complete on a small house in Scottish Building Society. I have a good size deposit with a mortgage from Scottish Building Society. My predicament is that my partner inherited a apartment in London and I anticipate moving in next year, at which point I would have to let out my house. I have heard of consent to let but it does not sound like a guaranteed option. Can you offer any advice?

  • After retiring in June I acquired a “retirement home” for my wife and myself to move to. We would like to let our current property to our son and I have therefore applied to Scottish Building Society for consent to let. What are the chances of this being issued?
  • We are planning to let my apartment for 12 months from 12th October next year. Is there a template letter I can use to send to Scottish Building Society to apply for consent to let.
  • Enquiring whether Scottish Building Society conduct any checks when obtaining a residential mortgage, I'm ideally looking to let the property out and am unsure as to whether I should apply for consent to let. How would they find out if I lease the house out?
  • My two year fixed rate with Scottish Building Society is due to come to an end next month I will go on to the standard variable rate. Can you tell me whether consent to let by Scottish Building Society is a foregone conclusion, if there are cost, and if there are time limits?
  • I am after further information in relation to consent to let mortgages, potentially moving our current mortgage with Scottish Building Society over to a consent to let one.
  • In the event that I was successful in obtaining consent to let from Scottish Building Society, could I sell during the consent period? Is it possible that I would incur any charges?
  • About to remortgage my home but will likely be moving out in the next year and would be looking to lease it out. What would I need to do to get consent to let from Scottish Building Society?