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Rebuilding Ireland home loan

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Comments

  • #842
    Whodanoob
    Registered Users Posts: 40 ✭Whodanoob


    Sorry if this has been asked already, but can anyone tell me if there is an end date to the rebuilding Ireland loan scheme?Thanks


  • #843
    Slavi Pavlov
    Registered Users Posts: 11 ✭Slavi Pavlov


    Whodanoob wrote: »
    Sorry if this has been asked already, but can anyone tell me if there is an end date to the rebuilding Ireland loan scheme?Thanks

    There is no end date to the scheme.


  • #844
    DUB924
    Registered Users Posts: 16 ✭DUB924


    GlowStick wrote: »
    Anyone know about drawing down on the mortgage at this time of year? Been told by council that their books are closed for end of year reports so won't be getting the money till late February ���� estate agent and vendor aren't very happy

    Hi, what CoCo is this?


  • #845
    Mikeyd11111
    Registered Users Posts: 6 ✭Mikeyd11111


    Can anyone tell me if changing job would be a problem? We have received approval in principle but since then I have changed employer. My partner is in permanent employment and I have been in continuous employment 6 years prior to this job change. Would we have to reapply due to a change in circumstances I wonder?


  • #846
    givyjoe
    Registered Users Posts: 3,287 ✭✭✭givyjoe


    Mikeyd11111 wrote: »
    Can anyone tell me if changing job would be a problem? We have received approval in principle but since then I have changed employer. My partner is in permanent employment and I have been in continuous employment 6 years prior to this job change. Would we have to reapply due to a change in circumstances I wonder?
    There's an online help chat available on the website during office hours. I've found them very helpful so far. Give them a try Tomorrow.


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  • #847
    Darkglasses
    Moderators, Computer Games Moderators, Sports Moderators Posts: 14,526 Mod ✭✭✭✭Darkglasses


    Mikeyd11111 wrote: »
    Can anyone tell me if changing job would be a problem? We have received approval in principle but since then I have changed employer. My partner is in permanent employment and I have been in continuous employment 6 years prior to this job change. Would we have to reapply due to a change in circumstances I wonder?

    Seems to vary by County Council going on this thread.


  • #848
    VW08
    Registered Users Posts: 61 ✭✭VW08


    Does anyone know if the mortgage covers the professional fees too. Solicitor engineer etc?

    Thanks.


  • #849
    lucast2007us
    Registered Users Posts: 801 ✭✭✭lucast2007us


    VW08 wrote:
    Does anyone know if the mortgage covers the professional fees too. Solicitor engineer etc?


    No I believe you would have to come up with that yourself as well as the deposit


  • #850
    Darkglasses
    Moderators, Computer Games Moderators, Sports Moderators Posts: 14,526 Mod ✭✭✭✭Darkglasses


    lucast2007us wrote: »
    No I believe you would have to come up with that yourself as well as the deposit

    Correct


  • #851
    VW08
    Registered Users Posts: 61 ✭✭VW08


    Darkglasses wrote: »
    Correct

    Thanks.
    Heard the banks allow professional fees to be paid through the mortgage, so I had hoped! Do you get a list of what can actually be paid for with the mortgage?


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  • #852
    givyjoe
    Registered Users Posts: 3,287 ✭✭✭givyjoe


    VW08 wrote: »
    Thanks.
    Heard the banks allow professional fees to be paid through the mortgage, so I had hoped! Do you get a list of what can actually be paid for with the mortgage?

    Em, the house?!


  • #853
    BattleCorp
    Registered Users Posts: 11,758 ✭✭✭✭BattleCorp


    VW08 wrote: »
    Thanks.
    Heard the banks allow professional fees to be paid through the mortgage, so I had hoped! Do you get a list of what can actually be paid for with the mortgage?

    Only the house. Everything else is your baby.


  • #854
    coolio83
    Registered Users Posts: 50 ✭✭coolio83


    Hi, do the online calculators results count as a refusal? TIA


  • #855
    givyjoe
    Registered Users Posts: 3,287 ✭✭✭givyjoe


    coolio83 wrote: »
    Hi, do the online calculators results count as a refusal? TIA

    You need refusal or evidence of insufficient funds I think, so something formal, i.e. documentation.


  • #856
    trudy2222
    Closed Accounts Posts: 55 ✭✭trudy2222


    coolio83 wrote: »
    Hi, do the online calculators results count as a refusal? TIA

    No but you can apply online with AIB online and get approval in Principle and they give you a letter you can print yourself.


  • #857
    coolio83
    Registered Users Posts: 50 ✭✭coolio83


    trudy2222 wrote: »
    No but you can apply online with AIB online and get approval in Principle and they give you a letter you can print yourself.


    Oh okay, thanks


  • #858
    coolio83
    Registered Users Posts: 50 ✭✭coolio83


    trudy2222 wrote: »
    No but you can apply online with AIB online and get approval in Principle and they give you a letter you can print yourself.

    Thanks


  • #859
    GaGa21
    Registered Users Posts: 652 ✭✭✭GaGa21


    givyjoe wrote:
    You need refusal or evidence of insufficient funds I think, so something formal, i.e. documentation.


    Or if like us, we were allowed apply on the basis that banks had refused us based on location.
    Although they approved our initial mortgage application, they refused us on the final paperwork, post survey and solicitors based purely on location of the house.
    So we were able to apply to our local council. Still waiting for it to be processed by underwriters though!


  • #860
    Quinnciara
    Registered Users Posts: 44 ✭Quinnciara


    Has anyone heard back from their application this year so far ? Applied early November, just waiting patiently


  • #861
    [Deleted User]
    Posts: 7,499 ✭✭✭[Deleted User]


    Quinnciara wrote: »
    Has anyone heard back from their application this year so far ? Applied early November, just waiting patiently

    What CoCo?


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  • #862
    Quinnciara
    Registered Users Posts: 44 ✭Quinnciara


    BrownFinger wrote: »
    What CoCo?

    Dublin Coco my apologies


  • #863
    lucast2007us
    Registered Users Posts: 801 ✭✭✭lucast2007us


    Quinnciara wrote:
    Dublin Coco my apologies


    Your best bet is to get in touch with them I have heard that people get more luck if they keep at them.


  • #864
    Slavi Pavlov
    Registered Users Posts: 11 ✭Slavi Pavlov


    Has anyone managed to drawdown for 2019 ?


  • #865
    extrafluff
    Registered Users Posts: 123 ✭✭extrafluff


    Hey all,

    I've tried looking but I can't seem to see any answers. On the RBIHL website, it states that the main applicant needs to be in continuous employment for 2 years. Is this strict?
    We were hoping to go for this before the Help To Buy scheme runs out on the 31/12/2019. I will be the main applicant but it will be February 2020 when I will have reached 2 years of continuous employment.

    Or does anyone know if you can apply for the HTB before it runs out and does the approval stay in place for a certain period of time?

    Thanks.


  • #866
    trudy2222
    Closed Accounts Posts: 55 ✭✭trudy2222


    extrafluff wrote: »
    Hey all,

    I've tried looking but I can't seem to see any answers. On the RBIHL website, it states that the main applicant needs to be in continuous employment for 2 years. Is this strict?
    We were hoping to go for this before the Help To Buy scheme runs out on the 31/12/2019. I will be the main applicant but it will be February 2020 when I will have reached 2 years of continuous employment.

    Or does anyone know if you can apply for the HTB before it runs out and does the approval stay in place for a certain period of time?

    Thanks.

    So I messaged them about the continuous employment as my partner is changing jobs so basically you can go from one job to the next as long as the break between each position is no longer than 4 weeks.


  • #867
    extrafluff
    Registered Users Posts: 123 ✭✭extrafluff


    trudy2222 wrote: »
    So I messaged them about the continuous employment as my partner is changing jobs so basically you can go from one job to the next as long as the break between each position is no longer than 4 weeks.

    Thanks for the quick reply. Looks like I'll have to wait. We went travelling for 6 months in 2017 and both left our jobs and only got employment in February 2018.


  • #868
    givyjoe
    Registered Users Posts: 3,287 ✭✭✭givyjoe


    trudy2222 wrote: »
    So I messaged them about the continuous employment as my partner is changing jobs so basically you can go from one job to the next as long as the break between each position is no longer than 4 weeks.

    I knew I saw that somewhere also, do you remember where that is stated by any chance?


  • #869
    Jmk725
    Registered Users Posts: 95 ✭✭Jmk725


    givyjoe wrote: »
    I knew I saw that somewhere also, do you remember where that is stated by any chance?

    It says it on the FAQ on the website.


  • #870
    brianmax88
    Registered Users Posts: 66 ✭✭brianmax88


    Has anyone done a self build using the rebuilding ireland home loan? Can i get the loan approved before i have full planning?


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  • #871
    swarmberg
    Registered Users Posts: 103 ✭✭swarmberg


    Hi All,

    Planning on applying for this scheme soon. I will be applying alongside my partner. Have the 10% deposit saved when combined with HTB plus the extra for stamp duty and legal fees.

    The problem is my that I have saved all the deposit myself and my partner has no savings. I have consistent savings and have been paying rent as well. The rent plus the amount I'm saving is more than the mortgage repayments we are looking for?

    Will the fact he has zero savings be a massive problem? I would apply alone but need their smaller income as part of the multiple of income allowed. We are looking for approx 4x income. Anyone else encounter similar?

    Thanks


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