Consent-to-let Help for Bank of Scotland

Questions and Answers: Bank of Scotland consent to let

• Having endured living in a rough area for 3 years now, we are now looking to move. As selling the flat will involve early repayment charges to Bank of Scotland of £4000, we considered that it would best to let it out. So, we need to obtain a consent to let from Bank of Scotland only a year. What can I do to get consent?

• I have a Bank of Scotland mortgage on an apartment I own, in Wandsworth. Last month, due to a change in personal circumstances I decided to let out the flat, and rent an alternative property in a different area within same loc. The personal circumstances that altered is that I started cohabiting with my partner, and the flat is too small for our needs. I do not want to try to sell the flat because the current market value is significantly lower than the market value when I acquired the property in 2004. I applied to Bank of Scotland for a consent to let which was turned down because they felt that I wanted to invest in the flat. The whole process was very confusing. The matter is urgentbecause there is already a prospective tenant waiting for this consent to let and could look elsewhere.Yours sincerely
• We are currently in NYC and leasing out our apartment in the UK. This is not something we planned but an opportunity arose and we took it. The rental income is insufficient to cover the mortgage so we transfer money each month to cover the shortfall. Last week our lender got in touch telling me that because the property is being let out and has been for almost two years we will have to pay 1.5% interest on top of our current mortgage rate. One option is to sell the apartment but this will be difficult as I am on the other side of the world. Would it be possible to remortgage with Bank of Scotland and get consent to let?
• I am in the Royal Air Force and intending to purchase a property using a Bank of Scotland mortgage. I would like to get consent to let the house to my mother and father in law. In the future I plan to reside in the property with my wife and kids when I leave the Royal Air Force. Will I need to apply to my superior officer to request permission to rent it out?
• I have Bank of Scotland mortgage and am considering renting out the property. I am lead to believe that I would require consent to let to do this...is that true ?
• Just looking for some help. I already have a mortgage in place with Bank of Scotland. I have had approval to sublet my GFF from the managing agents and they asked for a copy of the consent to from Bank of Scotland.
• Do I need consent to let if I rent to a family member (in my case my father now lives there and contributes towards the Bank of Scotland mortgage)?
• I am looking to get consent to let with my Bank of Scotland residential mortgage. It is a detached house. Do Bank of Scotland grant consent on this basis? Or would it be regarded as an HMO?