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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.

Questions and Answers: Bank of Ireland consent to let

  • Jennifer (my wife) and I may need to let our Wandsworth home temporarily due to me taking a sabbatical. This will be short-term but perhaps for 4 years. Do I inform Bank of Ireland or do I not rock the boat?

  • I rented my flat a year ago and didn't tell Bank of Ireland. I have a three year homeowner mortgage (healthy equity in it, no arrears) and want to let Bank of Ireland know and get consent to let for the remaining 24 months of my mortgage . I am unsure how to go about this.
  • How long must one own a property before consent to let with Bank of Ireland would be forthcoming? I bought my house with a Bank of Ireland mortgage back in September.
  • Me and my partner have a flat in Newham which we purchased as a new-build approximately seven years ago. As we've now got a young son we need more space. We've found a property in Waltham Forest that we wish to buy and want to keep the flat as an investment to rent out. The mortgage is with Bank of Ireland and we've found a tenant who will pay rent in excess of the monthly mortgage amount. The question is, can we retain the repayment mortgage with Bank of Ireland so we effectively paying off our loan on the property or must we to swap to a buy-to-let mortgage?
  • I would like to be informed of the factors and procedures in place to change my Bank of Ireland mortgage to a consent to let?
  • I have a consent to let letter that I have procured from my management company. I presume I need to attaching this with a letter to Bank of Ireland with a view to procuring consent to let from them. What address shall I mail it to?
  • My son has a mortgage with Bank of Ireland and he wants to let his flat out as he is moving in with his girlfriend.Will she be given consent to let? What is the process and what needs to be done next?
  • What are the implication if I have already let the property for some years as an HMO and now wish to legalise the situation with Bank of Ireland by obtaining consent to let ? (work on the basis that Bank of Ireland had previously given a residential mortgage on it some time ago)