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

Frequently asked questions relating to Scottish Widows consent to lease

  • I have a shared ownership home in Haringey and will be looking to buy out the rest of the property. However, in the future I may be working abroad for a short period of time so would like to know what approach Scottish Widows take to consent to let as I am considering a remortgage with them. I am by no means sure that a mortgage can be obtained on my property but as an aside can you provide further detail on their consent to let criteria?
  • Where a property owner opts to let out their property in the absence of consent to let via Scottish Widows - what, if any implication might there be for an agent acting on their behalf?
  • My husband and I may have to lease his apartment out. I realise that I must obtain consent to let from Scottish Widows. We plan on joining a landlord association if we go ahead and let the flat, but which one should we register with? We've seen the RLA and National Landlords Association.
  • My fiance phoned Scottish Widows on Friday regarding consent to let. He is expecting a returned call. We have placed an offer in on a new build property that has been accepted in principle so we need to know how likely it is that we will get consent to let with Scottish Widows?
  • Last month I got married and I am in the process of buying out 100% of my co-ownership mortgage with my wife. As a result we have now been given a 90% loan to value on our house. We want to buy a larger home. Will it be possible to get a consent to let on my new mortgage with Scottish Widows to allow us to get a mortgage also with Scottish Widows for a new home?
  • Do you know whether Scottish Widows will accept rental income on consent to let for affordability purposes or does it need to be on a buy to let ? Would Scottish Widows let me raise capital based on the rental revenue ?
  • Is consent to let a less costly way of renting out your property? Isn't this a loophole for some people to exploit?
  • I have only recently completed my homeloan with Scottish Widows since when my boyfriend has proposed and we are deliberating whether to live in his house or mine. Would I be issued consent to let if I were to move into his property