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Need professional advice for your consent to let with Bank of Ireland as Bank of Ireland Mortgages? 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: Bank of Ireland Mortgages consent to let

  • I'm buying a maisonette in Wandsworth. My intention is to live there for under a year, and then move into a bigger apartment. Rather than sell the first apartment my preference would be to let it out so that it form part of my investment portfolio. Do you know if Bank of Ireland Mortgages would issue consent to let after half a year?
  • I have a mortgage with Bank of Ireland Mortgages. I would like to buy a second house and my mortgage broker suggested I seek consent to let. As far as I am aware they only grant consent to let where it is my intention to move back into my current home. Have I been given the right information?
  • I have a Bank of Ireland Mortgages mortgage on an apartment I own, in Redbridge. Last month, resulting from a change in personal circumstances I decided to let out this flat, and rent an alternative property in a different area within same loc. The personal circumstances that altered is that I started cohabiting with my partner, and the flat is too small for our needs. I do not wish to dispose of the flat because the current market value is significantly lower than the market value when I acquired the property in 2004. I contacted Bank of Ireland Mortgages for a consent to let which was turned down because they considered that I wanted to invest in the flat. The whole process was very confusing. There is a sense of urgencyas there is a prospective tenant waiting for this consent to let and could withdraw.Please call me to discuss
  • I'm one year into a two year fixed mortgage with Bank of Ireland Mortgages. The LTV is only 40%. I've got what I think is a really good deal on a garden flat in Tower Hamlets which I would not want to miss. It appears that the only way I can get this other property is to release most of the remaining equity. I would let the current home which would more than cover the homeloan with Bank of Ireland Mortgages. Is it possible to obtain consent to let from Bank of Ireland Mortgages and and then seek an equity release after it's rented?
  • It is looking as though I may need to move to Boston for a couple of years, I have a house with a Bank of Ireland Mortgages mortgage. Do I need to ask consent to let? Will they be cooperative?
  • I was just wondering if Bank of Ireland Mortgages were picky when considering consent to let. I sent my request on date and I am waiting to hear back. Should I start chasing or wait for a bit longer?
  • I am considering relocating with work and would need to rent my property out. I have a mortgage with Bank of Ireland Mortgages. My property is worth approx £200k and owe £85k on it. Will Bank of Ireland Mortgages increase my mortgage rate?
  • Six weeks ago I bought my property and took out a mortgage with Bank of Ireland Mortgages but my boyfriend has asked me to move in with him. Would I be granted consent to let?