Consent-to-let Help for Bank of Ireland (UK) plc

Questions and Answers: Bank of Ireland consent to let

• We are in possession of a mortgage offer from Bank of Ireland, but we have hit a snag. My husband works in a boarding school, and as such we are provided with a residence as part of his employment. We wanted to purchase a 2 bed flat with a view to joining the property ladder, and rent it out while we're in school accommodation. I had thought Bank of Ireland would grant consent to let from the outset of the mortgage. It transpires that I may not be able to get consent to let. Can you give me any advice?
• I took out a new mortgage with Bank of Ireland recently, borrowing extra with the intention of doing a loft conversion. That extension has proved not to be possible and I now intend to purchase a 2nd property as my primary residence and lease the old property out with consent to let. Is that likely to result in me stitching myself up?
• I am looking for some preliminary guidance to consider if consent to let is a sensible proposition. I completed the purchase of my apartment 7 months ago by porting an existing Bank of Ireland mortgage product. My fixed rate ran out three months ago. I'm currently deliberating moving in with a new partner who has his own property and mortgage also with Bank of Ireland, which I would not seek to be added to. I don't wish to sell my property yet because I'm unsure of whether the new move will work out. I don't want to transfer to a buy to let mortgage yet for 2 reasons: 1) I need to discover if it is a marketable property with rents higher than my mortgage payments and 2) I need to come up with additional capital to meet the 65% LTV ratio required for a BTL loan. It would be preferable to obtain consent to let from Bank of Ireland for 1-2 years in order to be more secure in becoming a possible landlord and to generate the capital. If at the end of the consent to let period I was unsure I would probably either sell my property or, depending on the new relationship working out, resume living there.
• I am in the armed forces and intending to acquire a house using a Bank of Ireland mortgage. I would like to be given consent to let the house to my parents. In years to come I plan to reside in the property with my wife and kids when my military career finishes. Is this feasible?
• I am looking at moving overseas for work and would like consent to let from Bank of Ireland whilst I am away. Is the way forward to complete the consent to let form and send it off in the post to Bank of Ireland? The point of renting the property isn't to make money but to keep the property in case things don't work out
• I have had my mortgage with Bank of Ireland since 2007 and always made payments If I sought consent to let would it be granted?
• I wish to get consent to let from Bank of Ireland for a couple of years at which point I hope to transfer to a B2L. Is this feasible
• I'm looking in more information regarding consent to let from Bank of Ireland. Would an acceptable reason be issues with neighbours and the property is too big for me to run at this moment in time?