Consent-to-let Help for Bank of Ireland as Bank of Ireland Mortgages

Bank of Ireland Mortgages Consent to Lease Example Support Desk Enquires

• I am between a rock and a hard place with a Consent to Let mortgage. Having sought consent to let the lender has requested that I produce an executed tenancy agreement before they will grant permission. If I get a signed tenancy agreement would I not be breaching the lender’s terms and conditions?

• Me and my wife live in a house where we have some spare rooms. We are exploring the option of establishing an holiday let style business to let half the property out on a check-in and check-out arrangement. Are you aware if this is likely to be allowed under Bank of Ireland Mortgages’s standard 'consent to let' Terms?
• I rented my house out for three years between 2010-2013 while working in New York. I have a letter dated March 2010 from the lender granting consent to let. In the letter it explicitly states that the consent to let is valid for "the remaining term of the mortgage". I have not changed product since the letter was sent. I now plan to move house and rent out my existing house. However, my financial advisor has suggested that the 2010 consent to let letter may not satisfy the new lender Bank of Ireland Mortgages for the house I wish to purchase.Can this be correct
• We are in need of a larger house so our kids don't have to bunk together. We are planning to purchase another house next year. Our house is worth £185k and we have about £55k left to pay on the Bank of Ireland Mortgages mortgage. We would prefer to keep this house as an investment property and lease it out with consent to let. Can you have a mortgage on two properties at the same time or do we first need to redeem our current mortgage?
• If we ask for a consent to let letter from Bank of Ireland Mortgages will we be made to convert to buy to let mortgage? We are with Bank of Ireland Mortgages and as houses are not currently selling but we have seen one we like we were considering letting our home out in order to acquire the new and sell this one when the value improves.
• My lender refuse to issue consent to let without a move in date confirmed with a tenant. How can I confirm this whilst lacking consent to let? I can't be sure but I think my friend had a similar issue with Bank of Ireland Mortgages.
• We have a fixed rate mortgage with Bank of Ireland Mortgages and are deliberating on obtaining consent to let so that we can apply for another mortgage on another property that I own on a buy to let basis. Ahead of applying it would be helpful to know the consequences of making the change and any facts that we need to be aware of.
• Am I required to negotiate consent to let if I rent to a family member (in my situation my brother now lives there and contributes towards the Bank of Ireland Mortgages mortgage)?