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Mortgage-not a first time buyer.

  • 11-05-2014 6:13pm
    #1
    Registered Users, Registered Users 2 Posts: 4,812 ✭✭✭


    Are lending institutions only giving mortgages to first time buyers?
    If not, who is lending to non first time buyers?


Comments

  • Registered Users, Registered Users 2 Posts: 1,256 ✭✭✭Trish56


    Addle wrote: »
    Are lending institutions only giving mortgages to first time buyers?
    If not, who is lending to non first time buyers?

    All of the lenders are lending to people who are trading up, most are lending to investors, most are lending to those in negative equity and most are lending to those with tracker and will allow to trade up, bring tracker rate with them plus 1%.


  • Registered Users, Registered Users 2 Posts: 4,812 ✭✭✭Addle


    How about mortgages for customers who want to take advantage of the HRI and not move?


  • Registered Users, Registered Users 2 Posts: 1,256 ✭✭✭Trish56


    Addle wrote: »
    How about mortgages for customers who want to take advantage of the HRI and not move?

    What's HRI??


  • Registered Users, Registered Users 2 Posts: 4,812 ✭✭✭Addle


    Trish56 wrote: »
    What's HRI??

    Home Renovation Incentive Scheme.


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