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.

Frequently asked questions relating to Allied Irish Bank consent to lease

  • I have a friend who is considering renting their house out and moving in with partner. The property is in Tower Hamlets and has a £125k home loan with Allied Irish Bank. What would she need to do to get consent to let if she decides to move forward.
  • In what situations will consent to let for a property be issued by Allied Irish Bank? How long do you have to have had ownership of the property before consent to let can be negotiated with Allied Irish Bank? In order to give you some history I am a newly qualified dentist in a home bought five months ago. The ideal job offer requiring moving to Lewisham on a permanent basis has come up. I am interested in securing consent to let in the first instance in order to renting the property out to offset the expense of the Allied Irish Bank mortgage.
  • I have a garden flat in Wandsworth let out which has a seventy year lease. Mortgage adviser said I should remortgage (currently with Allied Irish Bank) as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income would give me a budget of £195k. Not much about in Harrow for me to get my own place. To extend the lease will be approximately 19k. Lease out with consent to let or sell the flat?
  • I have just been presented with an excellent job opportunity for 9 months overseas. I have enough cash reserves to meet the monthly Allied Irish Bank mortgage yet the block insurance stipulates that the property must be occupied in order not to be invalidated. Last Christmas the roof suffered storm damage but was repaired. Should there be any problems in the winter months I would find it hard to cover the repair costs. Would I be eligible for consent to let by Allied Irish Bank for the period I am overseas?
  • A work promotions now necessitates that Ibe in different countries a lot and in the circumstances I wish to get to grips with the procedure for seeking consent to let with Allied Irish Bank
  • I would like to know if I have a normal mortgage with Allied Irish Bank and decide to rent it out, does the rate change and are there any associated costs for obtaining consent to let.
  • I am potentially moving in with my boyfriend at his home and would like to rent out my property that I acquired twelve months ago, I'm just not sure of the process as my property is my first home. What do I need to do to obtain consent to let from Allied Irish Bank If I obtain consent would my mortgage payments increase?
  • Please can you provide me with details of how to go about gaining consent to let from Allied Irish Bank and what, if any, fees apply.