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

Bank of Scotland Private Consent to Lease Example Support Desk Enquires

  • I currently let out my flat in Sutton. I didn't obtain consent to let. I moved to Amersham for work relocation purposes and was unable to cope with the traveling but was worried that Bank of Scotland Private would charge me a small fortune so I decided to take the risk. I'm hoping to legitimise it now... basically continue leasing it but with consent. What are my next steps?
  • We are currently in Melbourne and leasing out our flat in Haringey. This was unplanned but an opportunity presented itself and we took it. The rental income is not enough to cover the mortgage so we send back money each month to make up the shortfall. Anyway this morning I got a letter in the post from our lender informing me that because the property is being let out and has been for almost three years we will have to pay 1.5% interest on top of our current mortgage rate. We could sell the property but this will be far from easy as I am so far away. Could we remortgage with Bank of Scotland Private and get consent to let?
  • I recently got a DIP from Bank of Scotland Private for a detached house. I have applied via a broker. It is a 20 year mortgage. I am curious as to what is the main criteria Bank of Scotland Private adopt in order to grant borrowers consent to let? Is consent to let based on the rental yield of a property?
  • We are planning to lease out my property for 12 months from 10th November next year. Is there a template letter I can use to send to Bank of Scotland Private to request consent to let.
  • We are close to purchasing a place and plan to live in it once we have refurbished but we may need to let the property out but not clear on what the rules are on consent to let from Bank of Scotland Private? We don't need a buy to let mortgage because we are not certain if we will need to let it out at all
  • Me and my wife have had my home loan with Bank of Scotland Private since 2004 and always made payments If I asked for consent to let would it be given?
  • I got a residential homeloan with Bank of Scotland Private. I acquired the property in July last year. What are the options and criteria for consent to let.
  • I would like to get consent to let from Bank of Scotland Private for two years at which point I can turn it into a BTL. Is this feasible