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Need professional advice for your consent to let with Bank of Ireland (UK) plc? 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 consent to lease

  • I purchased a house in 2012 for £147,000 with Bank of Ireland. I got married to someone in the forces so moved in to married quarters in Qatar and appreciate that I have to obtain consent to let from Bank of Ireland. Do you have any experience of consent to lease from Bank of Ireland?

  • I previously got consent to let from Bank of Ireland two yrs ago but failed to need it and have since remortgaged to a new lender. I recently applied for consent to let. I was told it would be authorised since their requirements were met. Yet recently got a letter informing me that I need to provide evidence from the DWP evidencing that that are aware of my current situation before they can provide 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 £40 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 continue with them
  • I have a house that's presently under shared ownership (My share is 50per cent) purchased in July 2013. I am currently going through the full purchase of the house. Me and my wife have also got a second house that we are looking to buy. Mortgage in principle has been approved by Bank of Ireland. I would like to know that I will be able to put the existing house through consent to let as soon as the remainder share has been purchased so, that we can start the process of purchasing the new house
  • I currently have a mortgage with Bank of Ireland and the LTV is currently 60% with the Bank of Ireland current book value and would like to buy a further property but do not want to sell my existing property at the current market value. I have had CTL from an alternative mortgage provider on a previous property so know a bit about them and I also have buy to let with Scottish Widows on another property. Does the expected rental income on a consent to let with Bank of Ireland need to exceed the mortgage repayments? I have a fixed rate which I tied into a fixed rate and left the term at 18 years so it was paid off as early as possible, obviously this leaves with quite a high monthly repayment.
  • My husband and I are looking to ask Bank of Ireland for consent to let out our house in Waltham Forest. We are moving overseas for 2 years and need to let it out. I didn't look into this when we took the Bank of Ireland mortgage, and that was only because we never anticipated an opportunity like this would come up so was planning on living in the house.
  • I was just wondering if Bank of Ireland 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?
  • We took out a mortgage with Bank of Ireland a few months ago and although it's still early days we may have to relocate around next Spring and would like to be able to let our property out. Is this possible with a non-commercial mortgage?
  • I have a mortgage with Bank of Ireland but would like to lease my house out and move in with my fiance and baby what is required to get consent to let?