Questions you were asked when making mortgage application

None surprised me.

The usual questions:

• employment status
• income / P60
• Current a/c, statements
• Credit card limit, statements
• Regular savings, statements
• Source of deposit
• Any existing debt

I was asked about a rather large payment transfer out of my account. Explained it was the booking deposit for the house I was applying for the mortgage on. Supplied the receipt and everything showing the same. Got a "computer says no" response & told that that payment meant I didn't have enough in savings for them to give me the mortgage & I'd have to save the exact amount I'd paid as the deposit in order to get it. Again tried to explain that the money was reducing the deposit needed for the house but nope. Gave up all hope on that bank.

Other than that it was the usual thing of "what's this amount you're transferring to this person"; "why do you have mulitiple savings accounts?" (I had one for mortgage, one for hols & one random) etc.

the next bank will ask the same questions

Unexplained cash transactions is a massive red flag and refusing to answer basic questions is a guaranteed refusal of your application.

Good luck getting any lender to lend you a couple of hundred thousand euro if you're unwilling to answer a few questions.

Yes, they are. I assume it's just undeclared nixers but for all the bank knows, you could be dealing drugs or have a gambling addiction. Either way, they have to know what they're getting into.

Haven were a nightmare.

Didn't ask for anything out of the ordinary, but they regularly went weeks without reviewing documents and statement which were then out of date.

Indeed. This is why they started asking for revolute statements. Some use it to pay for drugs or, shall we say, personal services.

I don't encourage or condone degeneracy, but if one is going to do these things, cash is king.

No they just asked for them when I made the application. It's apparently a standard thing that the bank (PTSB) look for. When I told them that I didn't have a revolute account, that was the end of it.

It's pretty standard to be asked for statements of all your bank accounts. Revolut is a bank.