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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.

Top Five Questions relating to Bank of Ireland Mortgages consent to lease

  • What is the difference between consent to let and changing to a buy to let mortgage? Also is the property subject to Capital Gains Tax if sold?
  • I obtained consent to let from Bank of Ireland Mortgages two yrs ago but failed to need it and subsequently remortgaged to a new mortgage provider. I recently sought for consent to let. I was told it would be authorised since their requirements were met. However I received a letter informing me that I must supply a letter from the DWP confirming that that are aware of my current situation before they can issue consent. They said this is policy but I have not been able to find these T&Cs on their site. I did complain about the inference that I might intend to continue to claim help with interest from the DWP whilst receiving rental on the property. They apologised and offered to deposit £35 in my account . However i still am unable to locate this term and condition and i feel this is otherwise inappropriate I want to let my property as a way of releasing me from redress to social benefits not in order to discontinue claiming
  • My fiancee and I are are looking to join the property ladder, presently renting. We would ideally like to purchase a maisonette in Haringey. We want to move there, but will need to wait for a job - perhaps a couple of years. Would we need to get a buy-to-let loan? Would it be possible to take a residential mortgage with Bank of Ireland Mortgages, even though we won't be moving in straight away? Or could we reside there for a few of months, then start renting it with consent to let from Bank of Ireland Mortgages? I'm only willing to consider scenarios that are fully legal, and have no intention of contravening the terms of the Bank of Ireland Mortgages mortgage.
  • I am a landlord having served eviction orders on a tenant who had not paid rent. The relevant claims have been issued. The tenant's defense for refusal to pay is built on the assertion that I I failed to obtain consent to let my two bedroom ground floor purpose built maisonette from my mortgage company Bank of Ireland Mortgages
  • Are you able to give me some preliminary advice re consent to let? We have a mortgage with Bank of Ireland Mortgages and are considering renting the place out for two years, but cannot really afford to change to a buy to let mortgage. Is consent to let an alternative to to switching to a buy to let rate?
  • How much is it to get a consent to let from Bank of Ireland Mortgages on my residential property. I've moved in with my husband and have a colleague renting from me.
  • We have a new mortgage however my girlfriend doesn't feel safe in the property due to other tenants in the block. I know that many lenders have a half year rule before consent to let - does this apply to all lenders. Is there any way Bank of Ireland Mortgages would grant consent to let from day one?
  • I am interested in consent to let for my property mortgaged with Bank of Ireland Mortgages. How do I move forward? Do I have to apply to Bank of Ireland Mortgages and get them to agree?