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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.

Sample questions relating to Scottish Widows consent to let

  • I was thinking of renting out my apartment and generate some income during my holiday. It will only likely be for ten days. Will consent to let be needed from Scottish Widows?

  • I have a house in Southwark but I am moving with my girlfriend to a different town for career reasons and moreover near her university. My preference is to keep my house but not sure I can afford a buy to let mortgage. It will only be short term -two years until my girlfriend has finished University and I can sell, or move elsewhere. My mortgage is with Scottish Widows. Is there a chance I won't be approved for consent to let?
  • I have a mortgage with my partner on our apartment which is up for renewal 21st July. I am having to move to Reading for my company in February. Is it possible to move to a consent to let mortgage with Scottish Widows?
  • Is it correct that lenders (I have a mortgage with Scottish Widows) are taking a more lenient approach towards consent to let? A broker suggested that BTL mortgages are not regulated by the FCA whereas residential mortgages are. Therefore if I move from a standard to a Buy to let I am moving to a regulated product. He said that under the current regulation lenders are wary of letting customers do this, which is likely why some lenders will permit borrowers have consent to let but not transfer to a Buy to let product. Is he plausible?
  • I have a mortgage with Scottish Widows and am considering letting it for eight weeks while on holiday. Will Scottish Widows consent to this?
  • I have a consent to let letter that I have obtained from my management company. I presume I need to attaching this with a letter to Scottish Widows with a view to being given consent to let from them. What address shall I forward it to?
  • We have a new mortgage however my girlfriend doesn't feel safe in the property due to other tenants in the block. I know that many lenders have a 6 month thing before consent to let - does this apply to all lenders. Is there any way Scottish Widows would grant consent to let from the start?
  • I might be looking to rent out my property and wondered what I would need to do to obtain consent to let from Scottish Widows. There is a possibility that I might be moving abroad for a year.