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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.

Frequently asked questions relating to Bank of Ireland consent to lease

  • Finding myself in a difficult predicament with a Consent to Let home loan. In response to requesting consent to let my bank has requested that I produce a signed Assured Shorthold Tenancy before they will grant permission. Is is not the case that if I adhered to their request that I would be breaching the lender’s terms and conditions?

  • Me and my brother are joint proprietors of a flat in Greenwich with a Bank of Ireland mortgage. I am looking to vacate and buy a house with my fiancee. How would I deal with renting out my room? Do I need consent to let via Bank of Ireland. My brother will continue to live in the property
  • I have been offered a once in a lifetime job opportunity for 6 months in New York. I have enough money to cover the monthly Bank of Ireland mortgage however the block insurance requires continuous residency in order not to be invalidated. Last Christmas the roof was damaged but repaired. If there happened to be any problems through the winter months I would find it hard to afford remedial works. Will I qualify for consent to let by Bank of Ireland for the time I am overseas?
  • Me and my partner hope to buy a property together. Plan is for me to get consent to let my property from Bank of Ireland. Thinking about the future - when my two year fixed comes to an end - how would it work if I wanted to remortgage my flat?
  • My fixed rate loan with Bank of Ireland expires in January and have to move with work then. What are the chances that I will be able to both remortgage and obtain consent to let?
  • My wife and I want to let our house out and use the rental income to cover the rent on a house in Barnet. What are the chances of being given consent to let by Bank of Ireland without being forced onto a BTL product.
  • I am considering relocating with work and would need to rent my property out. I have a mortgage with Bank of Ireland. My property is worth approx £200k and owe £85k on it. Do you think Bank of Ireland increase my interest rate?
  • Do you know whether there a time limit on a consent to let from Bank of Ireland? and do you need to get a new mortgage first or a general residential mortgage can just be changed to a consent to let after application?