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Mortgage Drawdown delays

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  • 08-12-2020 11:49am
    #1
    SarahS1987
    Registered Users Posts: 3 ✭


    So.. its been a long process through Broker with BOI. Solicitor requested funds to be released on 1st December and they have come back with more documentation required. As of yesterday, all documents have been submitted.

    Does anyone know how long it is currently taking for BOI to release the funds after all documents have gone "approved" for funding?

    Thanks
    Tagged:


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    #2
    Luluk
    Registered Users Posts: 120 ✭✭Luluk


    SarahS1987 wrote: »
    So.. its been a long process through Broker with BOI. Solicitor requested funds to be released on 1st December and they have come back with more documentation required. As of yesterday, all documents have been submitted.

    Does anyone know how long it is currently taking for BOI to release the funds after all documents have gone "approved" for funding?

    Thanks

    For me it took a week. The documents were sent by my solicitor on Monday last week and the funds were issued yesterday. BoI are insisting all documents must be received by Dec 15th to drawdown in 2020. So I think you should be fine.


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