brisan wrote: » Which lender are you with ??
Dubs1990 wrote: » Permanent tsb
GalwayyGirl wrote: » I recently applied to Permanent TSB and they require a letter from the employer to confirm that they are not availing of the subsidy. They will not permit drawdown without this.
Dubs1990 wrote: » Its funny how people are told different things . as of an hour ago as I have to get the house valuer sorted all off there policy is towards TWSS and not the EWSS scheme , there policy is a payslip clear from covid before loan offer and another before drawdown. I was also told that the employer was not going to be contacted or anything either. I had a lengthy conversation about this EWSS scheme and as of now there is nothing updated with them regarding the EWSS scheme. I stand to be corrected when this all goes belly up on me , but hopefully it doesn't go that way !
lomb wrote: » Not a hope of a drawdown on ewss. If a company is on this it's alikely on the brink it's much worse than being on twss
cubatahavana wrote: » does anyone know for certain, though? If all it takes os a letter from the employer, I suppose many small employers would just say that they are not on them to help the employee. That is out the employees control, so I suppose they would not be liable for fraud (the employee). As well, if the employee is back on full salary and full time with no difference, I cannot see why the banks would have a say. I understand that they need to be careful, but there are many other possible circumstances that could make a business go under, and they ask nothing from the employer in this cases
brisan wrote: » The list of employers who received TWSS and EWSS will be published when the payments stop The banks will be like Santa Claus They will be making a list and checking it twice. If the business folds and the employee cannot service their mortgage I can imagine the banks pursuing the employer through the courts Plus much easier to repossess a house if the borrower fraudently acquired a mortgage and done so knowingly
Sonrisa wrote: » There is no way a bank could pursue an employer through the courts. There's no legal relationship between them.
brisan wrote: » Are you sure If the employer issued a fraudulent document to enable a related party ( an employee ) to obtain money by deceit I’m sure the banks legal team would look at it Maybe a solicitor on here could advise
cubatahavana wrote: » But anyway it makes not much sense. What if you change jobs
brisan wrote: » Normally need 6 months in a new job to be off probation to be allowed drawdown I’m not sure on that just what I have read on here
greengrass88 wrote: » Seems to be the way in most cases but I have heard of people drawing down on probation
Wildly Boaring wrote: » AIB happy for me to draw down in 2017 while on probation.
brisan wrote: » Fair play However some posters have been told they must be off probation and in a permanent position
cubatahavana wrote: » I think being on probation is pretty risky for a bank now, more than any subsidy
Londyn Hallowed Duet wrote: » Never got the big deal with probation, it’s a total formality I’m 99.9% of cases.
Dublin1210 wrote: » Finally moved into our first (& final) house after been sale agreed since late January. We were able to drawdown from AIB with my partner being on the wage subsidy scheme. The bank requested our latest payslip & a letter from my partner’s employer (Childcare) stating she’ll return to full wages when the scheme ends. Thought i’d give some hope to people who are looking to drawdown, while availing of the scheme through no fault of there own. Seems AIB are backing brave, best of luck everyone.
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