Need Help?

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

  • Soon to be packing up as my better half and I will move back to Perthin Month, perhaps for a little as 9 months but it could be longer term. I have contacted Scottish Building Society for consent to let out my home in Scottish Building Society. The mortgage has been in place with Scottish Building Society for 7 years and the account is up to date with no current arrears. Scottish Building Society say, that even if they grant consent to let, that this is a short term consent for a single year. What happens after one year?

  • I have a normal mortgage with Scottish Building Society and will be joining the Royal Fleet Auxiliary in August. This is a civilian manned fleet run by the Ministry of Defence. I will be at sea four months on and three months in the UK. During my time away I want to lease out my property in Hounslow and move in with my parents when on shore. What's involved in getting consent to let? Can it be granted? and does it involve an increase in interest rates?
  • I have a mortgage with Scottish Building Society however my husband and I will be relocating to South Africa in January. The mortgage is in my name yet it is my husband's job that is taking us abroad how do I answer the question: 'please indicate why you wish to let the property':
  • As we are relocating and failing to find a buyer for our flat, we are mulling over letting it out. Am I duty bound to disclose this to Scottish Building Society? I have a hunch that Scottish Building Society might change our terms. I thought if you continued making my monthly payments it shouldn't be a problem, but am now concerned about insurance connotations if we haven't come clean. Any feedback?
  • It would be helpful to know if Scottish Building Society are likely to give consent to us letting out our flat in Waltham Forest
  • Just wanted to know how to get a consent to let from Scottish Building Society who I have a mortgage with. There is a remaining balance of 87k. The value of flat is 110k. Its in my name but my wife and I would like to purchase a maisonette in Merton we have seen together. How do we go about it?
  • My wife and I may have to lease our home temporarily due to a new job. This will be for a limited period but perhaps for threeyears. Should I tell Scottish Building Society or am I best advised to keep my head down?
  • We've spoken to someone at Scottish Building Society about changing our current homeloan to consent to let (the existing two year fix ends in spring next year). Can I just confirm that I need to send a letter setting out our change in circumstance to Scottish Building Society? Where do I need to post it to?