Need Help?

Need professional advice for your consent to let with Allied Irish Bank (GB), a trading name of AIB Group (UK)? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Common questions relating to Allied Irish Bank consent to lease

  • Under what circumstances will consent to let for a property be given by Allied Irish Bank? How long do you have to have had the mortgage before consent to let can be negotiated with Allied Irish Bank? In order to give you some history I am a newly qualified doctor in a house bought a few months ago. A dream job opportunity involving relocation to a different city on a permanent basis has arisen. I am interested in procuring consent to let initially in order to put a tenant in it to offset the expense of the Allied Irish Bank mortgage.
  • My granddaughter is going to work abroad for two years and wants to rent her apartment out. She has a Allied Irish Bank fixed rate mortgage on repayment and wants consent to let the property as well as transfer to interest only. What does she need to do?
  • I have a residential property but I am moving with my girlfriend to a different town for work purposes and moreover near her university. Im keen keep my house but it is unlikely that I can afford a BTL rate. It will only be temporary -3 years until my girlfriend has finished University and I can sell, or move elsewhere. My mortgage is with Allied Irish Bank. Do you think they will grant consent to let?
  • Is it right that mortgage companies (my home loan is with Allied Irish Bank) are adopting a more accommodating approach towards consent to let? A broker suggested that BTL mortgages are not regulated by the FCA whereas residential mortgages are. So if I transfer from a homeowner to a BTL I am moving to a regulated product. He said that under the current regulation lenders are wary of letting customers do this, which may explain why some mortgage providers will permit borrowers apply for consent to let but not move to a Buy to let mortgage. Is he correct?
  • I would like to know if I have a domestic mortgage with Allied Irish Bank and decide to lease it out, does the rate increase and are there any additional charges for seeking consent to let.
  • I want to apply for consent to let from my mortgage provider Allied Irish Bank to lease out my flat. . Do Allied Irish Bank give consent to let in this situation?
  • I am currently in the process of getting a mortgage through Allied Irish Bank - I foresee that in the coming months I may decide to rent the property out - how would I switch the FTB mortgage to a buy to let mortgage?
  • Me and my OH and I have 5 months to remaining on a 2 year residential mortgage with Allied Irish Bank but now lease the property out. Can I assume they will just charge a set fee for consent to let?