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Fixer-upper!!

  • 01-04-2017 09:30AM
    #1
    Registered Users, Registered Users 2 Posts: 5


    Hi, is it possible to get a mortgage for a house that's needs renovating?? It would need new windows, insulation, septic tank and flooring, would the bank give the funds to cover this if the price of the house was low and all still within budget? The house value would dramatically increase! Thanks


Comments

  • Closed Accounts Posts: 1,367 ✭✭✭Bank of Ireland: Elaine


    Good Afternoon VeritasEtVita,

    Thank you for getting in touch with us here on Boards.

    May I ask if you have an existing Mortgage and if so is that with Bank of Ireland?

    Elaine


  • Registered Users, Registered Users 2 Posts: 5 VeritasEtVita


    Good Afternoon VeritasEtVita,

    Thank you for getting in touch with us here on Boards.

    May I ask if you have an existing Mortgage and if so is that with Bank of Ireland?

    Elaine no we don't have a mortgage yet as we are looking to buy a house and wondered if it's possible to get a mortgage for the house and the extra for the renovating needed? Thanks


  • Registered Users, Registered Users 2 Posts: 5 VeritasEtVita


    Good Afternoon VeritasEtVita,

    Thank you for getting in touch with us here on Boards.

    May I ask if you have an existing Mortgage and if so is that with Bank of Ireland?

    Elaine no we don't have a mortgage yet as we are looking to buy a house and wondered if it's possible to get a mortgage for the house and the extra for the renovating needed? Thanks


  • Closed Accounts Posts: 1,367 ✭✭✭Bank of Ireland: Elaine


    Good Afternoon VeritasEtVita,

    Thank you for getting in touch with us here on Boards.

    May I ask if you have an existing Mortgage and if so is that with Bank of Ireland?

    Elaine no we don't have a mortgage yet as we are looking to buy a house and wondered if it's possible to get a mortgage for the house and the extra for the renovating needed? Thanks
    Thanks VeritasEtVita, 

    We have some great tips and information for first time buyers on our website here. As each application is reviewed on its own merit, our Mortgage advisers would be more than happy to walk you through this process and explain your options. 

    If you'd like to send us a Private Message here on Boards, we'll be happy to arrange a call for you to go through this with you. 

    To send a PM please make sure that you have signatures set to display in your control panel settings and then click in the link in my signature below to send the message. 

    Thanks, 
    Elaine 


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