Currently buying/selling a house? How is it going? READ MOD NOTE POST #1

I think the opposite…it's benefitting sellers getting an extra 50-100k second time round in a rising market. It was crazy out there, it's now gone full gaga.

At times I see houses that fell through coming back with 50 to 80k more on their price tag. Absolutely mental

Some agents are completely tools, no brain at all.

Example below. An estate where houses are sold very recently below 400k, houses poorly built, that don't retain heat, the materials that are made of are substandard, they crack. Basically they should be demolished as they are passed by sell by date. Yet this agent is putting this house on the market for over half of million.

The house market is completely bonkers.

https://www.myhome.ie/residential/brochure/6-bayside-square-east-baldoyle-dublin-13/4756212

That is wildly overpriced by maybe 100k.

Hi all, how long does an estate agent normally wait for a chain to be completed before they move onto the next interested buyer (with no chain)

My partner and I are trying to buy a new build. We're AIP and have all our ducks in a row too.

The estate agent informed us that there was someone ahead of us and they were waiting for them to sell their previous house first.

They were given until the end of this month but, it looks like they've been given more time.

Is there any hope in waiting to hear back from them?

Went Sale Agreed on a house we're buying at the end of Feb. The whole process since has been relatively straight forward until now: Mortgage Protection.

Applied with Zurich and while I was accepted for cover, my wife was not. She has a congenital issue with her liver but is not considered medically high-risk. A letter from her consultant confirms as much; stated that it's benign, no symptoms in over two years, nothing to worry about etc. etc. It still wasn't enough.

So pivoted to Laya. Same story, denied.

Royal London have now come back to say they also won't cover.

We're going to go to the lender with these denials and request a deferral, but I'm starting to worry. I believe Pulse/OneLife is an option but I've no idea yet of what the premiums will be (I've heard they are quite high, as well as admin fees amounting to a few hundred). On top of this, the seller is getting impatient. The initial process to get to the Denied stage took 5 weeks due to delays in our GPs getting info to the providers. I doubt they'll wait another 5 before we even sign the contracts.

But anyway, just wondering if anyone on here has gone through similar, and how'd ye make it through? Oh, and we're being evicted in October as the landlord is selling 🎉

I have indeed and I do get the impression he's trying everything he can for us. Even looked at bringing in a second broker in tandem but they didn't want to be stepping on anyone's toes. Just got to let him cook, I guess. But I'm open to options that we can pursue ourselves.

Can you get cover which excludes the particular existing condition? Some additional risk for you if something does go wrong for your partner with that, but at least it would get the sale over the line

Hi, 2 years ago myself and my partner had bought a property using the Local Authority Home loan. 
my question is can we sell the property? Is there any penalties? Has anyone tried selling after buying using Local Authority Home Loan from the county council. 
Thanks in advance

myhome snafu for everyone yes?

Yes myhome.ie is down since yesterday morning. Back up now but still freezing.

Edit : site gone again.

Wow are their IT gone to India?

Just a quick update on our experience with this in case anyone finds themselves in a similar position.

Apply to everyone.

It was surprising how different different providers' processes are (me english good): in documentation requirements, assessment, and customer management. Getting denied by one does not guarantee getting denied by another. Some may take weeks to assess, some may take a few hours. Some may look into your complete medical history, others may be satisfied with the latest updates from your GP/consultants.

Also, you have to hound them. Constantly looking for updates. Some providers have a FastTrack process, though I don't know what the requirements are here. Maybe they could smell the desperation off us.

We were told of a few times people getting cover from UK-based providers when denied by those based in Ireland. In our experience, these were only for short-term mortgages. The longest protection term offered to us was 10 years, which obviously doesn't cut it for a FTB. This appears to be a last-resort option.

But yeah, basically don't despair until all options are exhausted. And start early! We got confirmation of coverage this morning when realistically it looked to be slipping away (whoop! There'll be a financial advisor in Galway getting a superbly OK bottle of wine in the post). Now on to the business of sinking all of our money into making this shoebox a home.

Dear god, what have I done…

Ask the estate agent to inform the sellers that you are ready to go but at the lower bid. I accepted a lower bid from a buyer two years ago as I was afraid of the unknown waiting time potentially involved in the chain buyer. I am selling another house at the moment and even though I am not buying anything else after, I would still lean towards a lower offer from a buyer with finance ready to go than get locked into a price with a buyer in a chain. It could be a year before the money comes through. Meanwhile, I'm still paying the mortgage, interest, insurance and other associated costs. Many estate agents will only take offers from buyers with their finance in place and contracts signed on their own sale (if any).

People who had mortgages with Ulsterbank in the past have had really long time periods to get the deeds back from the mortgage providers they are with now. Sometimes months.