Need Help?

Need professional advice for your consent to let with Allied Irish Bank (GB), a trading name of AIB Group (UK)? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Questions and Answers: Allied Irish Bank consent to let

  • My wife and I reside in a matrimonial property where we have some spare rooms. We are deliberating the idea of running an holiday rental style operation to rent half the home out on a short term basis. Is this is likely to be permitted in accordance with Allied Irish Bank’s consent to let protocol?
  • Due to my career, I am in a position where I anticipate that Allied Irish Bank will issue me with Consent to Let from day one of purchasing a property. I currently plan to purchase a property locally and let it out, I will remain in the house that is provided (rent payable) by my employer. As I will be leasing out the property I will obviously have to prepare a Self Assessment Tax Return, but I just want to check that although it is the only house I own (and it is not on a buy to let mortgage), can I utilize Tax relief on the interest on my loan and the associated costs of leasing out the property. I have only been able to track down advice for those with a buy-to-let mortgage, but mine will technically not be B2L.
  • I vacated my flat about seven months ago but didn't get around to get a consent to let letter, partly because the mortgage fix rate period is ending in 2 months and I am thinking about refinancing anyway. I want to ask for the letter now, is that going to be forthcoming?
  • I am in the Royal Air Force and intending to buy a house with a Allied Irish Bank mortgage. I would like to be given consent to let the house to my parents. In the future I would live 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?
  • My wife and I are having to relocate to Kenya for eighteen months for my job but I don't want to convert my mortgage to BTL as the intention is to reoccupy it when I return. Do you know if Allied Irish Bank charges additional interest? Is there any way around this?
  • I have a leasehold flat. I would like remortgage with Allied Irish Bank and seek consent to let. I'm still inside the Early Redemption Charge period so not sure if there such a thing as porting to some property?
  • I am interested in consent to let for my home mortgaged with Allied Irish Bank. How do I proceed? Do I have to contact Allied Irish Bank and get them to agree?
  • My wife and I may need to lease our home temporarily due to a new job. This will be for a limited period but perhaps for twoyears. Should I tell Allied Irish Bank or it is wise to keep quiet?