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Mortgage question

  • 28-06-2018 4:11pm
    #1
    Manta400r
    Registered Users, Registered Users 2 Posts: 99 ✭✭


    Hi

    This may be a strange question but a number of years ago I bought a car for a discounted price with the idea of it appreciating as it got older. This meant me using my savings to pay for the car but fast forward a few years and it's time to start getting my affairs in order for a mortgage. What I'm asking is if I sell this car now and have a lodgement to my savings account how does this look in terms of savings etc for a deposit for a mortgage? Does it "count" as such or is the one lodgement of a sum of cash look bad.

    Cheers


Comments

  • #2
    Bank of Ireland: Darren
    Closed Accounts Posts: 991 ✭✭✭Bank of Ireland: Darren


    Manta400r wrote: »
    Hi

    This may be a strange question but a number of years ago I bought a car for a discounted price with the idea of it appreciating as it got older. This meant me using my savings to pay for the car but fast forward a few years and it's time to start getting my affairs in order for a mortgage. What I'm asking is if I sell this car now and have a lodgement to my savings account how does this look in terms of savings etc for a deposit for a mortgage? Does it "count" as such or is the one lodgement of a sum of cash look bad.

    Cheers

    Hi there,

    Thanks for getting in touch with us here.

    I've given a link here that you can use to arrange a call back from one of our mortgage specialist and they'll be more than happy to take your details and confirm what options are available to you.

    Thanks again,
    Darren.


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