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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.

Bank of Ireland consent to let: Q and A’s

  • Doing everything by the book I’ve been leasing out my house with "consent to let" from Bank of Ireland on a residential mortgage for the last 24 months. Bank of Ireland have put forward an ultimatum withdrawing their consent to let if we do not switch to one of their "buy to let" mortgages.

  • Last month I received consent to let on a homeowner mortgage with Bank of Ireland with the intention of changing to a B2L rate when the fixed term ends within the next months, so I'm uncertain if this complications to the issue! Any recommendations gratefully appreciated.
  • I have a apartment in Brent with a Bank of Ireland mortgage but have not lived there for a while. My dad moved in but pays no rent. At the moment I live in rented premises and am keen to purchase a house. I have come across an ideal property at an attractive price. I have sufficient for a deposit to use on the house I am interested in but would find it difficult to pay enough off the old property to change it to a BTL loan at the same time. Can I change the current Bank of Ireland mortgage for my old property into a consent to let and use my reserves to pay a larger deposit for the homeowner mortgage on the property that I want to buy?
  • I intend to lease our current property out early next year when we move. I will apply for consent to let from Bank of Ireland. As of now the property is in my name but I am a top rate tax payer. Is it best to do a equity transfer to her or should we do a Declaration of Trust?
  • I want to take in in a lodger for my three bed flat in Croydon which I live in. My mortgage is with Bank of Ireland. Will they grant consent to let?
  • Just wanted to know what needs to be provided to Bank of Ireland in order to get consent to let? I just finished a three year fixed mortgage and potentially moving to another flat with my wife.
  • Last month acquired a garden flat in Barnet. I am first time buyer. I am moving Paris next month, can I get consent to let from my lender Bank of Ireland or do need to wait for at least 6 months?
  • I recently bought a house with 10% deposit for personal uses. A mortgage was taken with Bank of Ireland. But my circumstances have now changed. I am being transferred out of the area. Am I able to get consent to let from Bank of Ireland and put the property up for rent?