Dolbhad wrote: » Ulster Bank required us to have the 10% not including HTB but that was back in October last year.
tomister wrote: » Thanks for the info - it did seem very odd to me too! I did and he said it’s part of their requirements but that he would look into it further and get back to me.
el Fenomeno wrote: » We applied with PTSB, KBC, Haven and Ulster Bank. They only wanted to see 5% + extra to cover other costs (solicitors, stamp duty etc.) So them asking you for the full 10% seems odd to me. Did you ask them why?
tomister wrote: » Hi everyone, I’ve gone through a good chunk of this thread and didn’t find this question so apologies if it has been asked: I’m approved for the max on HTB and am busy saving at the moment. Had a meeting with BOI last week and they’ve told me that I still need to have the full 10% saved regardless of the HTB. Has this been the case for others? Surely the point of the HTB was to help with the deposit. I’ve limited my scope to new builds and qualifying contractors to ensure I can claim the refund. Any insights anyone may have would be great!
ruaneg wrote: » We have signed contracts and given a bank draft for approx 6% of the deposit. For the other 4% we need the HTB grant. We have being approved for the HTB. I noticed today when I went to upload the contract that we must give the loan details with the application. However, we are still unsure which loan offer we will go with (waiting on an additional approval from another preferred bank). I've being told by revenue that its not possible to update the application with the new loan details should they change. I would have to cancel the application and reapply. Has anybody had similar problems and found a way around it?
zig wrote: » Hey all, does anyone know how strict they are on the 70% rule for mortgage vs value of house?
GingerLily wrote: » It sounds like you should but down what you paid in both We paid the 10% is cash and didn't make any adjustments for that, we claimed the maximum amount available based on property amount and our tax credits, the value of our deposit paid didn't change anything (provided your mortgage is >70% ltv)
smurfette2212 wrote: » Just in the middle of trying to submit the application, but have hit a stumbling block. There are two sections to fill in: deposit payable and amount of deposit paid. The first is the 10%, which is fine. However, we paid the full deposit on signing the contract. However, should we be putting that in the second box, or the 10% less what we are claiming from HTB? We couldn’t get the contracts signed without paying the full deposit, and needed the contracts for the HTB. Has anyone else encountered this? Any advice gratefully received!
el Fenomeno wrote: » Ah right, thanks. Sorry, I saw people mentioning not being able to find the builder so I was a bit confused is all. Cheers.
awec wrote: » You don't need to specify who the builder is. Your builder will do that when their solicitor claims the money from revenue, using the codes that you gave to your solicitor.
el Fenomeno wrote: » Can I ask, we uploaded contracts today for the claim stage and got a Reference number, which we have provided to our solicitor along with our Access code. But at not stage was I asked who our builder/developer was - the only list I was given was the list of institutions to choose which one our loan offer was from. This is for a new build, first time buyer. Any ideas?
z0oT wrote: » Yes, they're not on the list, and they're not trading under a different name. It's been ongoing for a while now. The latest from the Estate Agent is that the registration process is done and they'll be up on the list within a few weeks. Guess I'll believe it when I see it.
smurfette2212 wrote: » It is very possible that this has been asked (and answered) but I just can't see it. When uploading the documents for the claim, does it need to be the entire contract, or just the initial pages and building agreement? I had asked our solicitor to send a copy, but she advised it is very lengthy. I've submitted a query to Revenue, but imagine it might take a while for a response.
vets05 wrote: » Thank you very much GingerLily Its great to have some clarification! If the purchase goes head this year do you know if I can retrospective claim back 2019? Thank you!
Natashaw88x wrote: » Hi we have bought a new build also. It won’t be ready till September. We signed contracts for it last week. We need the signed contracts plus signed loan offer to claim the HTB. We’ve had an initial valuation done and will have another before drawdown. I imagine you will need to get your loan offer and sign contracts with builder and it is the signed contracts that are required for revenue.
mur223 wrote: » Hi there, Apologies if this has been asked before. We are buying off the plans and we want to use our HTB amount as part of our deposit. We have AIP with KBC but they require a final valuation when the property is completed. Can we use our AIP letter as proof of "mortgage contract with the lender" when we upload our signed contracts to the My ROS website? Or does it have to be the actual mortgage contract/loan pack we receive at drawdown?
