Forum List | Off Topic
| Topic: Any Solicitors On Here To Help To Rent Out |
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| 1. Author: The-Pars Date: Tue 25th Mar 2025. 15:58 Hello, Just looking for some friendly advice on my house in Edinburgh - it’s a help to buy but wanting to know options around renting it out when moving abroad for a few years. I am aware I may need to pay it off etc but just looking for any ideas. Please leave your email or email me (on my profile) :) Thanks! Post Edited (Tue 25 Mar 16:54) Reply |
| 2. Author: jake89 Date: Tue 25th Mar 2025. 21:03 Not a solicitor but I remember looking at this years ago and you weren`t allowed to rent it as it was to be your sole residence. They stopped the scheme so it may be different now. Good luck with the move 🙂 Reply |
| 3. Author: DBP Date: Wed 26th Mar 2025. 12:49 I think that’s unless your circumstances change? Moving abroad may be ok? Reply |
| 4. Author: Stanza Date: Sat 29th Mar 2025. 00:37 I think what others have said is correct, and that you would need to pay off your current mortgage, or else convert it to a buy-to-let mortgage with a new lender. There`s a summary here. It`s written from an English perspective, but I don`t think there will be any significant difference in Scotland. You should have got a detailed "Help to Buy" information book when you got your house. https://theflexliving.com/landlords-blog/property-management/rent-out-help-to-buy-property/ However, I strongly advise you NOT to take as gospel any advice from here or from elsewhere on the Internet. Get professional advice from a solicitor who currently practices in conveyancing law, so you have a proper solicitor-client relationship and are fully protected - your house is too big an investment to get it wrong! _________________  Support Dunfermline Athletic Disabled Supporters` Club (DADSC) when you shop online with one of 8000 firms: http://www.easyfundraising.org.uk/causes/dadsc[Reply |
| 5. Author: Swainy Date: Sat 29th Mar 2025. 11:46 Stanza, Sat 29 Mar 00:37 I`m a conveyancing paralegal. You`ll need to apply for a consent to let from your mortgage lender, most lenders will charge £60 per year and only grant one when their has been a change in circumstance. Just to note, Scottish conveyancing differs massively from the laws south of the border. D.A are the number one! Reply |
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