mayota wrote: » If the family land is farmland I’d be looking to get the ball rolling on PP sooner rather than later, one off housing is under threat from environmentalists.
ELM327 wrote: » I found AIB a right pain in the hole to deal with. Went with BOI last time and now PTSB a couple of years later. AIB wanted a ream of documents, including tax clearance certs (which cannot be obtained by PAYE employees)
jenno86 wrote: » Anyone apply with BOI lately ? Just wondering how long it took.
LoonyLovegood wrote: » Got full approval yesterday! Actually such a relief, now to spend way too much time on Daft
The Wordress wrote: » The paperwork for our mortgage was sent to ICS 3 weeks ago and not a peep since. Would like to hear back by tomorrow :cool:
Deleted User wrote: » Hi, I am about to begin the process of applying for a mortgage, I have the deposit and I earn more than enough to meet the requirement for my target price. However, 8 years ago I found myself out of work and as a consequence I had a credit card revoked. All of that is clear and paid off about 7 years ago and it no longer shows up on my ICB report. My current record on ICB is clean and I have no recent arrears history nor do I have any other debt other than a credit card which I don't use very often. How do I approach this issue when applying for a mortgage now? Thanks
WeeCuppaCha wrote: » It’s almost 2 weeks since I submitted my application to ICS. I received notification through ID Pal yesterday that the due diligence report was now complete and that they would be ‘in touch soon’. Does this mean that approval has been granted I wonder? Would they give information over the phone? The waiting is a killer. There is a property I would like to view, but I’m loath to do so until I know exactly my position.
Creamy Goodness wrote: » If you're up front with it if they ask you, you shouldn't have any issues. If you apply to the same bank that issued their credit card in question they will know about it from their internal records so don't try deny it, it'll be a huge red flag.
Bluefoam wrote: » I had a similar situation over a tiny amount of money... Credit Ratings expire after 5 years & they shouldn't be able to see any record of that. In my scenario they knew of the CR and queried me on it. I was able to explain it easily and they didn't consider it against my application.
random_banter wrote: » Our application is being reviewed at the moment. I am anxious about it - but I'm a worrier. We both have good savings history, income, job security, deposit status etc. I tried to get an ICB report a few weeks back but the website wouldn't work for me. There is one niggly worry I have about a credit card payment from last year - simple enough - I usually pay off on the same day each month when I get paid and I was distracted in the middle of the process - ended up forgetting as was stressed with work. Anyway by the time I'd discovered the overdue payment reminder it was close to the 30 day limit the bank says they have before reporting you to the ICB. So I paid it within the 30 days. But of course, these tiny worries now keep me awake at night. Couldn't get the report out of the ICB to check it myself, as I noted above. The credit card is now in a negative balance anyway so no debt on it. Should this be queried, does anyone have advice on what is the best approach in answering - brutal honesty as in "I literally forgot."? I clearly had the money to get it paid, so wondering what the best explanation is. Did a check two years ago and it was clear at that point. Fingers crossed anyway.
bulmersgal wrote: » Got my valuation done two weeks ago, Finance Ireland rang last week to pay for valuation and said that loan offer letter would be sent to myself and solicitor. Rang on Wednesday and they said I should get it end of week. No letter yet and my solicitor said in previous email that when they get that letter they will start their review of contracts. It just seems so slow at the moment. I don't want to hassle solicitor either but I don't even know when closing date is expected or what contents they are including in the sale. Like do I need to buy fridge and washing machine.
Duke of Url wrote: » Are you buying a new build?
The Wordress wrote: » Can I ask if you applied through a broker for ICS? I applied through a broker but ICS did come back to us last week looking for an updated ID. Our broker told us expect a 12 day wait and it is now day 16 :eek:. Just annoying as we have found a house we really like and would like to proceed with an offer. I already had to badger my broker about something else and I'm reluctant to do it again
Graham wrote: » A current loan may reduce your borrowing capacity. Previous loans paid off on time will not harm your application. Personally I'd expect them to demonstrate you're able to meet your financial commitments as agreed. You will need to demonstrate capacity to repay (your income) before a mortgage is granted. Afterwards I doubt they care where the money comes from unless the source of funds looks suspicious.
Astro127 wrote: » Thanks for the help , what would look suspicious? I do cash in hand jobs sometimes and could get a couple of hundred so I would probably use that aswell as income .
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