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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.

Bank of Ireland Mortgages consent to let: Q and A’s

  • What is the most extreme action Bank of Ireland Mortgages can take if I have Sublet my flat without consent to let?

  • Please explain "consent to let" to me? I live in a studio flat and its in good condition. It has been on with agents for two months and I have had very few viewings. This is probably due to an ongoing feud with the family next door. I had no choice but to put this on the disclosure sheet. Mortgage is with Bank of Ireland Mortgages on a fixed rate. Someone mentioned I should get consent to let via Bank of Ireland Mortgages and let the property out.
  • I recently got a MIP from Bank of Ireland Mortgages for a mid terraced house. I have applied through Right to Buy. It is a capital and interest mortgage. I wonder what is the main criteria Bank of Ireland Mortgages adopt in order to grant customers consent to let? Is consent to let based on the rental amount for a property?
  • I am hoping to make use of equity in my existing house to purchase another property which I propose to live in whilst I do it up. My preference is to let out my current property with the Bank of Ireland Mortgages mortgage. I was just seeking a general view on whether Bank of Ireland Mortgages currently allows consent to let? House is worth £350 k with a £150k mortgage in place.
  • I would like to rent out my home. Do I just send a letter to Bank of Ireland Mortgages asking for consent to let out the home?
  • How simple is it to get a consent to let from Bank of Ireland Mortgages and what will it cost me? If I want to let out my property for a few months how simple is it to chop and change between a owner occupier mortgage and consent to let?
  • Do you know if I can keep my existing residential mortgage with Bank of Ireland Mortgages if I start renting out? If the consent to let is issued will they load the interest rate?
  • I am interested in more information regarding consent to let home loans, potentially moving our existing mortgage with Bank of Ireland Mortgages across to a consent to let one.