Consent-to-let Help for Scottish Building Society

Scottish Building Society Consent to Lease Example Support Desk Enquires

• A friend of mine has rented her property from the same landlord for nearly one and a half years. For the past year my friend has received letters from Scottish Building Society (she hasn't opened them-it is clear from the envelope). To begin with she reposted them to her landlord’s address. I was a bit suspicious as none of the landlady's post was supposed to be going there. I decided to go to my friends house and called Scottish Building Society on her behalf. The guy I spoke to at Scottish Building Society asked all sorts of queries, the landlady's name her current address, the tenant's name and then said they were going to investigate whether she had the appropriate mortgage and if she didn't it was an offence with no consent to let. What does this mean for my friend?
• Me and my wife and I may need to lease our home out for a while due to a career opportunity. This will be for a limited period we would possibly like a consent to let our property. We already have a Scottish Building Society mortgage. What are the fees involved and time limits on consent to let agreements?
• Given we are relocating and failing to sell our flat, we are mulling over renting it out. Am I duty bound to advise Scottish Building Society? I am concerned that Scottish Building Society might change our terms. I was hoping that if I continued making my monthly payments it shouldn't be a problem, but am now nervous about insurance ramifications if we haven't got consent to let. Any thoughts?
• Is it correct that mortgage companies (my home loan is with Scottish Building Society) have changed tune and are now taking a more relaxed approach towards consent to let? A mortgage adviser suggested that Buy to let mortgages are not regulated by the FCA whereas residential mortgages are. So if I move from a standard to a Buy to let I am moving to a regulated product. His belief was that under the current regulation lenders are reluctant to allow borrowers do this, which may explain why some mortgage providers will let borrowers apply for consent to let but not swap to a Buy to let product. Is this right?
• Can I get an interest only mortgage with consent to let when my current Scottish Building Society deal runs out May 16?
• We have a mortgage with Scottish Building Society at the moment and just enquiring if there any costs for obtaining consent to let
• There is a chance of me going to NYC for twelve months with work. Planning on taking my partner with me and hoping to rent our UK property in the meantime on a temp basis to make matters more cost effective. I was just enquiring I have filled in my application form but I'm unsure where to send it
• I would like to find out more about obtaining consent to let on a property. In particular what is the procedure for consent to let if you have a residential mortgage with Scottish Building Society