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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 completed on a flat a couple of years ago with a Bank of Ireland home loan but now wish to sublet the property. I want to find a larger property as our kids are growing up and a one room flat is not sufficient - in addition if I rent it out I can build up some savings. Will Bank of Ireland issue consent to let?
  • A couple of years ago I was granted consent to let from my current lender which is about to run out. I have since been traveling and had my first child. I'm not earning enough just now to cover the mortgage on my own. My lender has advised me that I can't extend my consent to let and if I continue renting out I will be in action would be taken for breaching my mortgage contract. As a result of my low income I don't think the buy to let will be approved. One option I am thinking about is remortgaging to Bank of Ireland. Are they likely to issue consent to let from the start?
  • What information do Bank of Ireland need to to determine whether to grant consent to let. I have a 5 year fix with them. I have never missed a payment. I am planning a move to Haringey owing to surprising growth of family. My financial circumstances have not deteriorated and in fact my annual income has increased by 15% since the mortgage commenced.
  • I wish to acquire a second house having recently bought a maisonette on normal mortgage. Intend to purchase in a few months time. I am told that I may have to get a consent to let from Bank of Ireland, my existing mortgage provider? What is the best way to go about this and gain the consent needed.
  • My OH and I are planning to ask Bank of Ireland for consent to let out our property in Islington. We are relocating overseas for 3 years and need to let it out. I failed to look into this when we got the Bank of Ireland mortgage, and that was due to the fact that we never foresaw an opportunity like this would come up so was planning on occupying the property.
  • My mortgage company refuse to grant consent to let until I have a move in date confirmed with a tenant. How can I confirm this in the absence of consent to let? I can't be sure but I vaguely recall my friend had a similar issue with Bank of Ireland.
  • I am just finding out some information at this stage. My boyfriend has asked me to move in with him and i'm not keen to sell my property just yet. So now I want to know what I would need to do to get consent to let from Bank of Ireland
  • We have a domestic mortgage with Bank of Ireland and are deliberating on obtaining consent to let so that we can apply for another mortgage on another property that I own on a buy to let basis. Before we apply it would be helpful to know the consequences of making the change and any facts that we need to be aware of.