Need Help?

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

  • My friend is intent on letting his apartment out on the QT without consent to let from his mortgage lender Scottish Widows. He has been on an interest only loan since 2009. Outstanding amount due is £99k, having bought the flat for about £125k. In the absence of receiving consent to let from Scottish Widows, exactly what sanctions is he likely to face?
  • How easy is it to convert a standard mortgage with Scottish Widows to a consent to let. It will be less than 55% loan to value and it would change from repayment to an interest only loan?
  • We have a flat in Bexley which we acquired as a new-build just over eight years ago. As childen are growing up we are looking for a larger place. We've identified a house in Newham that we wish to buy and want to keep the flat as an investment to rent out. The mortgage is with Scottish Widows and we've found a tenant who will pay rent which more than covers the monthly mortgage payment. My query is, can we keep the repayment mortgage with Scottish Widows so we effectively paying off our loan on the property or do we have to move it to a buy-to-let mortgage?
  • I purchased a three bed flat in Newham eight months ago and have a two year fixed rate mortgage with Scottish Widows. Looking to move in with my fiance within the next six months and would like to let out my property. Just want to know the process.
  • We are looking for some initial help re consent to let? We have a Scottish Widows mortgage and are considering renting the place out for two years, but cannot really afford to switch to a buy to let rate. The estate agent mentioned something about a content to let
  • I am looking to get consent to let on my Bromley maisonette from Scottish Widows. I will be going abroad for a period of time and so want to know if I can rent out my apartment
  • We have a letter to Scottish Widows requesting consent to let signed and ready, but I'm not sure what address I should mail this to. Can you please help me with the address?
  • How much is it to get a consent to let from Scottish Widows on my residential property. Last week I moved in with my husband and have a family member renting from me.