Rebuilding Ireland home loan

GaGa21 · 04-12-2018 9:28pm

TeaCupMood wrote:

Curious at what stage do most people go in face to face to talk about applying for this? Is it when you've got the application fully filled out or? I'm waiting one of the councils to reply by email about something that's blocking me from going further but I've a feeling I won't get a reply any time soon.

They call you in after your application has been submitted and gone through and before it's sent to the underwriters.
You are better off phoning than emailing in my experience.

TeaCupMood · 04-12-2018 10:14pm

GaGa21 wrote: »

They call you in after your application has been submitted and gone through and before it's sent to the underwriters.
You are better off phoning than emailing in my experience.

You're right. I just thought it'd be tough to get through to the right people but hopefully if I call the general number for the council they'll help.

GaGa21 · 04-12-2018 10:37pm

Call council and ask to be put through to housing. When there, ask to speak to someone in charge of the applications.
They will probably try fob you off by saying they will get someone to call you back. Say you would like to speak to someone now and if not you will wait till end of the day before you will call back ready to make a formal complaint...that worked for me.

Teapot22 · 06-12-2018 2:19pm

Hi, just wondering if there's anybody here who applied as a couple but with only one income and if they were successful? Looking into this at the moment. I imagine the council's underwriters are as strict as the banks? Such a frustrating process!

delkel38 · 06-12-2018 5:18pm

GaGa21 wrote: »

Is this all councils or just Kildare? Maybe they have just reached their own individual budget? My application was only processed last week after applying in October and there was no mention of approvals being stopped with Offaly CC. Hoping to hear back next week if successful or not. Now am worried it's too late...

We are dealing with offaly and the excuses come after we bombard them with emails. Told us last week the loan pack will be sent to our solicitor. This week their solicitor is reviewing our documents. All I can say is good luck with offaly but maybe you will be lucky if you plan to buy. I heard from a good source that 8 people have been approved so far by offaly.

GaGa21 · 07-12-2018 12:58pm

delkel38 wrote:

We are dealing with offaly and the excuses come after we bombard them with emails. Told us last week the loan pack will be sent to our solicitor. This week their solicitor is reviewing our documents. All I can say is good luck with offaly but maybe you will be lucky if you plan to buy. I heard from a good source that 8 people have been approved so far by offaly.

Got good feedback regarding our application so am hopeful. But not happy with the delay in processing it. They obviously forgot about it due to the changes in departments and it's highly unlikely to be sorted this year.
Only thing putting us off now is they don't top up for renovation costs of older houses....may need to look at newer build instead.

foodiewarrior · 08-12-2018 10:23pm

hi guys.

i went sale agreed in September. I'm still waiting for the closing date. It wont be soon though.
I want/need to change my job. It would be for the same salary. Is this ok with the RI scheme?

Cocobean1 · 09-12-2018 10:00am

Ailbag wrote: »

Hi guys, just a heads up - I was approved for this loan in June and found a house in August so was looking to draw down a few weeks ago.

All paper work - sent to me and to my solicitor - stated that they needed 5 working days notice in order to arrange the transfer of funds.

However, when my solicitor sent in requisition form - 8 working days before my closing date, the council said there was no way my cheque (not transfer) would be ready. The result was an 8 day delay in my closing date, despite giving them more time than they asked for...

We would have sent in the paperwork earlier, but only received the closing date less than two weeks in advance. Just wanted to let people know!

The same thing happened to us!

Darkglasses · 09-12-2018 9:45pm

foodiewarrior wrote: »

hi guys.

i went sale agreed in September. I'm still waiting for the closing date. It wont be soon though.
I want/need to change my job. It would be for the same salary. Is this ok with the RI scheme?

You'd want to ask your relevant County Council rather than Boards - each one is different.

Alk866 · 09-12-2018 10:36pm

Finally after more phone calls than hot dinners the approval letter comes in the door after applying in June with sdcc. Anyone else deal with sdcc. Did you have to submit payslips and statements again.

klub44 · 10-12-2018 9:21am

Did any one had problem with gifts from parents? Firstly Fingal wanted only gift letter, which was provided, then they requested my mothers bank statement showing money transfers to me, and now they want my parents saving statements to prove where they had money from. My parents won't show me their saving/deposit account for obvious reason. So I don't know how to sort this request.

Mikeyd11111 · 10-12-2018 3:58pm

Has anyone been successful in getting their own mpi. 10 percent is crazy. Aviva is only 15 a month I think...

delkel38 · 10-12-2018 4:14pm

Mikeyd11111 wrote: »

Has anyone been successful in getting their own mpi. 10 percent is crazy. Aviva is only 15 a month I think...

It's crazy but you have to not qualify for their mpi in order to shop around for your own mpi. I think it's the same everywhere.

Mikeyd11111 · 10-12-2018 5:28pm

delkel38 wrote: »

It's crazy but you have to not qualify for their mpi in order to shop around for your own mpi. I think it's the same everywhere.

Thanks for feedback have you any idea how to not qualify?thanks again

Mikeyd11111 · 10-12-2018 5:35pm

Can anyone tell me how accurate the calculator is. Are people getting the amount that the calculator saido you can have?

Cocobean1 · 10-12-2018 5:57pm

Mikeyd11111 wrote: »

Can anyone tell me how accurate the calculator is. Are people getting the amount that the calculator saido you can have?

We were able to get the amount that the calculator gave.

Mikeyd11111 · 10-12-2018 6:09pm

Cocobean1 wrote: »

We were able to get the amount that the calculator gave.

Thanks for reply

surrender monkey · 10-12-2018 7:55pm

klub44 wrote: »

Did any one had problem with gifts from parents? Firstly Fingal wanted only gift letter, which was provided, then they requested my mothers bank statement showing money transfers to me, and now they want my parents saving statements to prove where they had money from. My parents won't show me their saving/deposit account for obvious reason. So I don't know how to sort this request.

Usually a lender will accept a Deed of Confirmation. If you Google "irish banking federation deed of confirmation" you will get a blank copy of the deed. See if Fingal will accept this!

delkel38 · 10-12-2018 7:59pm

Mikeyd11111 wrote: »

Thanks for feedback have you any idea how to not qualify?thanks again

This is part of the mpi contract

raheny red · 10-12-2018 9:17pm

Hoping to sign contracts tomorrow :eek::)

Whyohwhyy · 10-12-2018 11:08pm

For the hpl form, can I just walk in to a revenue office like the one in cathedral Street and get the form sorted? I'm in Dublin often enough anyway so this would be handy enough.

raheny red · 11-12-2018 12:09am

Whyohwhyy wrote: »

For the hpl form, can I just walk in to a revenue office like the one in cathedral Street and get the form sorted? I'm in Dublin often enough anyway so this would be handy enough.

Yep. It takes 2 mins once there's nobody in front of you.

Huntline · 11-12-2018 10:11pm

Ailbag wrote: »

Hi guys, just a heads up - I was approved for this loan in June and found a house in August so was looking to draw down a few weeks ago.

All paper work - sent to me and to my solicitor - stated that they needed 5 working days notice in order to arrange the transfer of funds.

However, when my solicitor sent in requisition form - 8 working days before my closing date, the council said there was no way my cheque (not transfer) would be ready. The result was an 8 day delay in my closing date, despite giving them more time than they asked for...

We would have sent in the paperwork earlier, but only received the closing date less than two weeks in advance. Just wanted to let people know!

Hi, do you mind me asking how long it took for the mortgage cheque to clear?

Shamboo1801 · 11-12-2018 10:53pm

Huntline wrote:

Hi, do you mind me asking how long it took for the mortgage cheque to clear?

Our cheque was issued and sent to our solicitor on a Thursday, transferred to the sellers solicitor on Friday and we got our keys at 4.50 that day

Huntline · 11-12-2018 11:09pm

Shamboo1801 wrote: »

Our cheque was issued and sent to our solicitor on a Thursday, transferred to the sellers solicitor on Friday and we got our keys at 4.50 that day

Thanks, the sellers solicitor received ours today, I thought we would have to wait 5 working days for it to clear.

rootyrooty · 12-12-2018 9:29am

Some questions that may have already been answered before but I can't find them

1. If I have no property in mind (just the area really), do I leave all the "DETAILS OF PROPERTY TO BE MORTGAGED" section blank?

2. Under "MORTGAGE DETAILS", I should probably leave this blank too if I don't have a place in mind? (since I don't know the purchase price, stamp duty etc)

3. Same for "CONTACT DETAILS" and the solicitor section?

Basically - it's early days for me but I really want to see if I can get approved for this scheme.

Colemania · 12-12-2018 9:37am

rootyrooty wrote: »

Some questions that may have already been answered before but I can't find them

1. If I have no property in mind (just the area really), do I leave all the "DETAILS OF PROPERTY TO BE MORTGAGED" section blank?

2. Under "MORTGAGE DETAILS", I should probably leave this blank too if I don't have a place in mind? (since I don't know the purchase price, stamp duty etc)

3. Same for "CONTACT DETAILS" and the solicitor section?

Basically - it's early days for me but I really want to see if I can get approved for this scheme.

Yes, you leave all the above blank but anything you're unsure about, you can run through with the County Council you're applying to when you meet them. That's the main purpose of the meeting

rootyrooty · 12-12-2018 9:42am

Colemania wrote: »

Yes, you leave all the above blank but anything you're unsure about, you can run through with the County Council you're applying to when you meet them. That's the main purpose of the meeting

Thanks! On another note, which banks are people using at the minute for the rejections? I remember reading a good while back that there are some which are better than others to get a rejection letter online etc. I think AIB was one of them that give you a letter of rejection online and maybe the other was just using the BOI calculator or something.

Colemania · 12-12-2018 10:45am

rootyrooty wrote: »

Thanks! On another note, which banks are people using at the minute for the rejections? I remember reading a good while back that there are some which are better than others to get a rejection letter online etc. I think AIB was one of them that give you a letter of rejection online and maybe the other was just using the BOI calculator or something.

We got ones from Bank of Ireland and KBC anyway. You have to get an actual letter from them on their letter head though.

rootyrooty · 12-12-2018 12:20pm

Colemania wrote: »

We got ones from Bank of Ireland and KBC anyway. You have to get an actual letter from them on their letter head though.

Thanks again. I think some councils are less strict but I'll see, I remember some people on here saying online calculators will do in some cases. Then again the FAQs does make it look like it might have to be a letter: "A letter stating that your application is outside the lending criteria of the bank or building society with a lender calculator output sheet showing inadequate loan capacity for the amount sought from your local authority"

Maybe I read it wrong the first time. If anyone knows easy ways to get a rejection letter (online would be great) let me know!

Rebuilding Ireland home loan

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