Need Help?

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 please tell me what fees Scottish Building Society levy for consent to let out part of my three bed flat? Any insights would be gratefully received.
  • I have an offer accepted to buy a property, we have a deposit of between 10-15% for a standard mortgage with Scottish Building Society. The small issue is we may leave the country in 2 months for work. We are going through our financial adviser. She says if you tell this to Scottish Building Society in advance you will need to get a buy to let. Do go ahead with residential mortgage with Scottish Building Society, shortly thereafter seek consent to let? Otherwise, do we try and contact Scottish Building Society at this point and disclose there is a possibility we will move abroad in the future (I have not signed anything as yet to move abroad) and see if they agree in advance that it should not be an issue
  • I have a 2 year fixed rate mortgage with Scottish Building Society which began in December. I will be moving out in August and have students ready to rent my property. I need to get a letter from Scottish Building Society granting consent to let until my term is up to allow me time to move onto a BTL. How do I go about this?
  • In 1999 I was granted consent by the local authority and my mortgage provider Scottish Building Society to convert a small barn into a granny annex, conditional on it not being disposed of separately from my house. My parents died some years ago and I would now like to lease it out with consent to let from Scottish Building Society. Do you think this will be possible?
  • My current mortgage is with Scottish Building Society, but I am going to need to get consent to let for around a year as my partner is unwell and is struggling to balance work with the hectic environment we are living in. We want to take time off for a year (by living near her parents and getting their help) in a greener more relaxed part of Manchester.
  • Are you able to help? I am just enquiring if Scottish Building Society offer consent to let as an option if I decided to rent out my home under a domestic mortgage. Is there a specific rule for right to buy property and consent to let?
  • I took a standard mortgage with Scottish Building Society - about 55% equity. I am considering relocating due to a promotion and enquiring whether consent to let would be granted so I could rent out the property?
  • I am looking to get consent to let with my Scottish Building Society residential mortgage. It is a detached house. Do Scottish Building Society grant consent on this basis? Or would it be regarded as an HMO?