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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.

Top Five Questions relating to Scottish Building Society consent to lease

  • Can you confirm whether it is likely that I will get a consent to let with first time buyer mortgage through Scottish Building Society? We are looking to move to Greenwich to be closer to our kid’s university, but we are not yet sure if the move will be permanent.
  • I have had an existing mortgage with Scottish Building Society for almost twenty four months and the fixed rate is about to come to an end. We are thinking of taking equity out of our existing address to enable us to acquire a bigger house and then let out the existing garden flat. We have had initial advice that we ought to look for a new residential mortgage allowing for consent to let - can you clarify what is involved?
  • I have a Scottish Building Society mortgage with my twin and want to move on and get a new mortgage with my partner. How do I go about renting out my room? Would I need consent to let from Scottish Building Society? My twin will remain in the flat
  • The plan is to move in with my partner and I have let my property out to two tenants on a twelve month AST. I am now applying for consent to let from Scottish Building Society but what if they refuse. I can’t rescind on my contract in terms of not renting the students as they have all signed up. On the flip-side Scottish Building Society could sue me for contravention of contract i.e. renting it out without consent to let.
  • I would be interested to know whether Scottish Building Society would have archive records as to whether consent to let was granted for a specific property?
  • How likely is it that I can keep my current residential mortgage with Scottish Building Society if I start renting out? If the consent to let is issued will they load the interest rate?
  • I am trying to investigate if it is possible to get a consent to let mortgage with Scottish Building Society rather than a buy to let mortgage
  • Last month I completed my homeloan with Scottish Building Society since when my boyfriend has proposed and we are deciding whether to live in his house or mine. Would I be granted consent to let if I were to move in with him