Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Mortgage refussal

  • 15-09-2009 6:36pm
    #1
    jc050173
    Closed Accounts Posts: 4 ✭


    Just wondering if anybody has encountered a similar problem & if there is anything that can be done

    I applied for a remortgage with equity release to PTSB. I gave them confirmation of my own P60 income which is €60k plus bonus. My husband has P60 income & is also self employed. I gave copies of P60, wages slips etc.. I also gave his accounts for the years 2006 & 2007. PTSB then came back to su & requested certified accounts for 2007, I employed a firm to do this & gave them the relevany information. They then came back & requsted certified accounts for 2008 which aren't due until 31st October but they insisted, we even asked would they issue a loan offer subject to receivng them etc.. I got the account prepared & gave them in & had to join the bottom of the queue to be processed yet again. They have came back several times requesting inforation especially regarding the net profit in the accountants cert & the adjusted net profit as per income tax return. I had to get a letter to explain that adusted net profit appears in the revenue return etc,,, I would have thought that any person dealing with mortgages should be competent in the accounting issues.. Anyways to get to the point after three months of tooing & frowing they came back yesterday & said that credit refused the application based on our occupations, I'm financial controller in an auctionners & my husabnd is in construction, , surely thay should have recognised this three months ago & not put us to undue expense getting certified accounts etc. if they were going to turn us down anyways? Any advice
    Failed to load the poll.


Advertisement