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

Building Society interest only option

  • 27-07-2010 6:22pm
    #1
    fatchops
    Registered Users, Registered Users 2 Posts: 52 ✭✭


    I have had an interest only option on my mortgage for over a year now and am looking to extend it for a further period. My Building Society are looking for my last three months bank statements. My question is, is it safe to do this, will they have access to my account to withdraw money if they wish, or am i being a little too paranoid, any help would be appreciated, thanks in advance


Comments

  • #2
    chris85
    Registered Users, Registered Users 2 Posts: 4,502 ✭✭✭chris85


    fatchops wrote: »
    I have had an interest only option on my mortgage for over a year now and am looking to extend it for a further period. My Building Society are looking for my last three months bank statements. My question is, is it safe to do this, will they have access to my account to withdraw money if they wish, or am i being a little too paranoid, any help would be appreciated, thanks in advance

    Being paranoid i think. they have no authority to take money and if they did they would be in serious trouble with regulator. They are looking to assess your financial situation before agreeing to anything. Sounds fair enough to me.


Advertisement