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

Common questions relating to Scottish Building Society consent to lease

  • Me and my partner and I I have a standard mortgage with Scottish Building Society but I would like to occasionally take in lodgers....do I require consent to let from Scottish Building Society?
  • I want to see if I can get consent to let on my current home. I have a mortgage with Scottish Building Society but my circumstances have changed. I'm looking to move in with my partner and son who have a house and is larger than my studio flat. I don't think I can qualify for a buy to let mortgage as I don't have money for a deposit nor do I earn in excess of £25000 per annum.
  • It seems as though I will have the chance to go and work abroad in a couple of years. I am therefore considering downsizing to a newer flat in Lewisham which I could rent out more easily as and when required. I would aim to keep 50% equity in the new apartment which would be my home for a while. My existing mortgage co limits consent to let for a year. I expect to be renting it out longer term and not informing them could result in a whole host of trouble. Buy-to-let seems wrong when I will be living there, maybe for 2-3 years initially. What product should I be seeking, and from whom? Would, for example, Scottish Building Society give consent to let for an open ended period?
  • My partner and I are looking to rent our garden flat out. We have made an offer on another property for us to purchase and have a tenant to move into ours. I believe I have to ask our mortgage company Scottish Building Society for consent to let. I wonder if there is a standard consent to let request letter I can use?
  • It is looking as though I may need to move to Philadelphia for a couple of years, I have a property with a Scottish Building Society mortgage. Do I need to seek consent to let? Will they be forthcoming?
  • My OH and I have a consent to let letter that I have attained from my management company. I would think I need to attaching this with a letter to Scottish Building Society with a view to being given consent to let from them. What address shall I send it to?
  • I am after more information in relation to consent to let home loans, potentially moving our current mortgage with Scottish Building Society across to a consent to let one.
  • Is there a time limit on a consent to let from Scottish Building Society? and do you need to get a new mortgage first or a general residential mortgage can just be changed to a consent to let after application?