Febreeze wrote: » Thanks so much for replying. Do you know how long we can wait before using the HTB number? Can we wait until we have just about enough before we use it or do we have to have a set amount first?
Doff wrote: » I had the same issue, give them a ring and they will tell you exactly whats wrong and how to rectify it. Once we rectified our issues the application was proved within a day. Apply for HTB Save enough for mortgage Get approval in principal Find a new home and place 5k deposit on it, from your savings (This still counts towards your mortgage deposit) Provide the seller with your HTB number Get full approval before roughly 21 days while they send the paperwork to your solicitor Work with solicitor to fill in paperwork Pay the rest of the deposit on the house once you get full approval Draw down the mortgage and pay through your solicitor Not a bad process to be honest, our solicitor was amazing and guided us through the whole process.
Febreeze wrote: » Myself and my partner have put in an application for the Help to Buy scheme. Our application is currently under review and has been for the last 2 weeks now. Does anyone know how long it can take before we hear back? Also, what is the process of it all? We've seen houses we like and we've got a location in mind. Has anyone gone through this process before? What was their experience? Did they have any back up plans in cause other plans have failed? Both negative and positive feedbacks are welcomed as we have no clue what we are supposed to do. So far we are saving as much as we can Edit: we are both in late 20s if that helps anything and based in Dublin
Zedarg wrote: » Hi. I just got approwed for help to buy. Do I have to use it until end of this year?
robtr89 wrote: » Hi All, Query with regards the Group HTB, group being myself and my GF. We both applied and both got different amounts where the "Maximum Relief Available to you" is. I got nearly 15k, whilst she got about 8k. 23k total It then says below that, that were entitled to Maximum relief available to group of 20k... Does the relief work off the higher amount of the two of us, (myself on 15k) or does it combine the two (23k), therefore allowing us to get the full amount of 20k (or the 5% of prop value)? I have messaged revenue on this, but you wouldnt want to be holding your breath on them to reply. Thanks
colly10 wrote: » Hi, I'm filling out a help to buy claim at the moment. I'm planning on getting a place with my gf shorty. It asks if I want to apply as an individual or group. I assume I can apply as an individual, providing I've paid enough tax, I won't need her in the claim even though we're going for the mortgage together? If I don't have to, i'd prefer not to cause she's been out of work for some parts of the last 4 years and it will be a mess working out what to put down on the form 12 for her i'd say with tax claimed back some years
myshirt wrote: » The scheme map.
awec wrote: » What map? The site maps you get when you buy are indicative only, just illustrations to give you an idea of what it'll look like.
myshirt wrote: » For a new build, has anyone here had an engineer compare the site map provided by the vendor to the actual site. Like to confirm if boundaries match up with map provided by the seller.
Dolbhad wrote: » Mine was October or November last so it might have changed since then. You can use the HTB for the balance of contract deposit of 10% so you don’t need the house to be complete and close to request HTB. However in current climate I can’t see the government getting rid of the HTB. For some it’s the only way they can buy a house and with the dire renting situation, it would be madness on the government’s part to remove it unless they replace with something else
Lux23 wrote: » We were approved by UB with HTB last week and we were about €8000 off the full 10%. Granted by the time we drawdown, we will probably have the full amount saved anyway.
Dolbhad wrote: » We had the 10% anyway and our HTB was minimal around €4,500 and we were getting an exemption. Also we were getting a slightly higher rate from Ulster Bank over the exemption. We also went through a mortgage broker. But broker said Ulster Bank and KBC don’t look at the HTB. I’ve long tried to understand why bank make the decisions they do. But does defeat the whole purpose of HTB if banks won’t consider it.
el Fenomeno wrote: » Hmm, strange. We just brought proof that we were approved for HTB to our Ulster Bank meeting and he was absolutely fine with it. We got AIP from them too. We just about had the 5% too so definitely wasn't a case of us having 10% anyway. Kind of defeats the main purpose of the scheme if some places want to see the full 10%, but it's odd that there seems to be an inconsistent approach.
