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Loan Offer Issued Incorrectly

  • 02-12-2017 12:33pm
    #1
    Maisie789
    Registered Users, Registered Users 2 Posts: 19 ✭


    We received our loan offer yesterday and were shocked to see they were offering 50,000 less then what our approval in principle had confirmed.

    Not only that but the cost of the house was incorrect (they had the amount we needed to borrow in as the cost of the house) so I can only assume that's why the amount were borrowing is incorrect.

    Anyone else have experience with these kind of errors? Surely if they were going to reduce our borrowing amount they'd have to advise us.

    No circumstances or anything had changed and she had confirmed we should be fine to borrow as per our approval in principle.


Comments

  • #2
    jellybear
    Registered Users, Registered Users 2 Posts: 3,246 ✭✭✭jellybear


    This happened to use with PTSB and it was an error on their part. When I contacted them they sent out the paperwork again with the correct amounts. Hopefully it is just an error and it's fixed for you soon.

    ETA: I'm assuming you've contacted them but if not that's your first port of call :)


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