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Rebuilding Ireland home loan

24567…99

Comments

  • #52
    SNNUS
    Registered Users Posts: 768 ✭✭✭SNNUS


    stryker mcqueen wrote: »
    Met with the council this morning , went well , application being sent off to underwriters so fingers crossed , wrecked after getting all the documents in order lol.....

    Word of advice for anyone applying, do so in person , they had a couple of questions regarding some documents but we were able to get everything answered there and then

    Best of luck!


  • #53
    tomhouse
    Registered Users Posts: 5 ✭tomhouse


    Hi
    I inherited a property a small cottage that we renovated , but now the family has grown we need to add on or rebuild a house on the land , but can not get a normal mortgage , have questioned the council over this and they have taken it further to have the situation clarified as they say we are not first time buyers , but we are as we have never bought a property and the forms can be signed by revenue to state this and we can apply for the help to buy scheme through revenue as they see us as a first time buyer to rebuild a new house on the land

    Has anyone been through this , and has it been allowed ?


  • #54
    voodosheeb
    Registered Users Posts: 28 ✭voodosheeb


    tomhouse wrote: »
    Hi
    I inherited a property a small cottage that we renovated , but now the family has grown we need to add on or rebuild a house on the land , but can not get a normal mortgage , have questioned the council over this and they have taken it further to have the situation clarified as they say we are not first time buyers , but we are as we have never bought a property and the forms can be signed by revenue to state this and we can apply for the help to buy scheme through revenue as they see us as a first time buyer to rebuild a new house on the land

    Has anyone been through this , and has it been allowed ?

    this is from the site under, Am I eligible?
    "not be a current or previous owner of residential property in or outside the Republic of Ireland"


  • #55
    tomhouse
    Registered Users Posts: 5 ✭tomhouse


    voodosheeb wrote: »
    this is from the site under, Am I eligible?
    "not be a current or previous owner of residential property in or outside the Republic of Ireland"
    Hi

    Yes same as revenue , but when you dig deeper revenue has a exemption as you did not borrow money/interest for the property .


  • #56
    Lolle06
    Registered Users Posts: 235 ✭✭Lolle06


    tomhouse wrote: »
    Hi

    Yes same as revenue , but when you dig deeper revenue has a exemption as you did not borrow money/interest for the property .

    But this is irrelevant for the Government loan.

    Revenue would only be concerned if there was already a tax benefit for the applicant in the past - however, the RI loan serves the purpose that people who do NOT own a home yet, will be able to purchase, or build one.

    You own your home already.


  • #57
    tomhouse
    Registered Users Posts: 5 ✭tomhouse


    the application also asks you to complete a HPL 1 from revenue confirming that you have no borrowed money to purchase a house/land , which we can

    so really im asking has anyone else applied on the same basis ?


  • #58
    voodosheeb
    Registered Users Posts: 28 ✭voodosheeb


    tomhouse wrote: »
    the application also asks you to complete a HPL 1 from revenue confirming that you have no borrowed money to purchase a house/land , which we can

    so really im asking has anyone else applied on the same basis ?

    you might get more answers from this thread BTW : https://www.boards.ie/vbulletin/showthread.php?t=2057832850


  • #59
    Carlyd
    Registered Users Posts: 2 ✭Carlyd


    Just want to share my expierence with this scheme.
    There seems to have been very little training provided in the County Councils. Everybody you speak to has a different answer.
    I applied according to the criteria set out in the requirements list.
    My first attempt to sumbit:
    1)My rejection letters from the bank were not " rejectful" enough. They wanted more than just how much we had been declined on, they wanted to see how much we would be eligable for.
    2) Despite the checklist stating p60 OR p21 I was turned away from not having my P21.
    Both easily rectified
    Returned a week later
    Documents accepted.
    5 weeks later.
    Letter stating we were not eligable for the ammount we applied for 265,000 which I got from the calculator on their website!
    Infact based on their calculations we could apply for 216,000.
    They asked for a Gift Letter (we were recieving gift of deposit off both of our parents to get us out of the misery that is renting)
    They asked for a letter from our landlord stating our monthly rent . Despite our rent being clear in bank statements.
    Provided both of these documents.
    Resubmitted.
    6 weeks later we recieve a rejection letter based on the following:
    1)Our earnings were outside of the loan criteria (we earn a combined 47k so well within the 75k limit)
    2)We have to be seen to show unbroken savings of 3% of the property price. (A criteria that is not stated anywhere!! Nor mentioned at any previous stage of communication

    our rent is nearly 3/4 of our combined wage a month and we have never missed a payment. This scheme was aimed at people just like us.
    Paying an incredible ammount rent due to the shambolic private rental system so unable to save a considerable ammount a month for a mortgage.
    If i met the criteria they rejected me on I would have been able to get a regular mortgage.

    I was so excited when this scheme was announced. Finally an intellegent solution to the housing crisis that helps those in the middle! but alas just another pile of propaganda. :(


  • #60
    Evd-Burner
    Registered Users, Registered Users 2 Posts: 1,460 ✭✭✭Evd-Burner


    Carlyd wrote: »
    Just want to share my expierence with this scheme.
    There seems to have been very little training provided in the County Councils. Everybody you speak to has a different answer.
    I applied according to the criteria set out in the requirements list.
    My first attempt to sumbit:
    1)My rejection letters from the bank were not " rejectful" enough. They wanted more than just how much we had been declined on, they wanted to see how much we would be eligable for.
    2) Despite the checklist stating p60 OR p21 I was turned away from not having my P21.
    Both easily rectified
    Returned a week later
    Documents accepted.
    5 weeks later.
    Letter stating we were not eligable for the ammount we applied for 265,000 which I got from the calculator on their website!
    Infact based on their calculations we could apply for 216,000.
    They asked for a Gift Letter (we were recieving gift of deposit off both of our parents to get us out of the misery that is renting)
    They asked for a letter from our landlord stating our monthly rent . Despite our rent being clear in bank statements.
    Provided both of these documents.
    Resubmitted.
    6 weeks later we recieve a rejection letter based on the following:
    1)Our earnings were outside of the loan criteria (we earn a combined 47k so well within the 75k limit)
    2)We have to be seen to show unbroken savings of 3% of the property price. (A criteria that is not stated anywhere!! Nor mentioned at any previous stage of communication

    our rent is nearly 3/4 of our combined wage a month and we have never missed a payment. This scheme was aimed at people just like us.
    Paying an incredible ammount rent due to the shambolic private rental system so unable to save a considerable ammount a month for a mortgage.
    If i met the criteria they rejected me on I would have been able to get a regular mortgage.

    I was so excited when this scheme was announced. Finally an intellegent solution to the housing crisis that helps those in the middle! but alas just another pile of propaganda. :(

    This is just an absolute joke. Can you appeal the decision?


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  • #61
    bkelly7
    Registered Users Posts: 5 ✭bkelly7


    Carlyd wrote: »
    Just want to share my expierence with this scheme.
    There seems to have been very little training provided in the County Councils. Everybody you speak to has a different answer.
    I applied according to the criteria set out in the requirements list.
    My first attempt to sumbit:
    1)My rejection letters from the bank were not " rejectful" enough. They wanted more than just how much we had been declined on, they wanted to see how much we would be eligable for.
    2) Despite the checklist stating p60 OR p21 I was turned away from not having my P21.
    Both easily rectified
    Returned a week later
    Documents accepted.
    5 weeks later.
    Letter stating we were not eligable for the ammount we applied for 265,000 which I got from the calculator on their website!
    Infact based on their calculations we could apply for 216,000.
    They asked for a Gift Letter (we were recieving gift of deposit off both of our parents to get us out of the misery that is renting)
    They asked for a letter from our landlord stating our monthly rent . Despite our rent being clear in bank statements.
    Provided both of these documents.
    Resubmitted.
    6 weeks later we recieve a rejection letter based on the following:
    1)Our earnings were outside of the loan criteria (we earn a combined 47k so well within the 75k limit)
    2)We have to be seen to show unbroken savings of 3% of the property price. (A criteria that is not stated anywhere!! Nor mentioned at any previous stage of communication

    our rent is nearly 3/4 of our combined wage a month and we have never missed a payment. This scheme was aimed at people just like us.
    Paying an incredible ammount rent due to the shambolic private rental system so unable to save a considerable ammount a month for a mortgage.
    If i met the criteria they rejected me on I would have been able to get a regular mortgage.

    I was so excited when this scheme was announced. Finally an intellegent solution to the housing crisis that helps those in the middle! but alas just another pile of propaganda. :(



    Hi Carlyd,

    Sorry to hear about your experience, their reasons for rejection are ridiculous... Can I ask what county council it was that you submitted your application to?

    Like yourself, I was delighted when I initially heard about this scheme, but the more I read about people's experiences, the more pessimistic I've become.

    I applied through Kildare County Council five weeks ago and yet to hear anything. In the last week, they've actually stopped answering their phone when I call hoping to get some sort of update.

    I wonder if you would have any grounds to appeal the council's decision, given that you fit clearly fit the required criteria.


  • #62
    Cazzums
    Registered Users Posts: 48 ✭Cazzums


    Hello has anyone received an offer of a loan yet? If so how long did it take for your application to come back from the underwriters? How long are other applicants waiting? I am waiting 5 weeks and can’t get an answer for a time frame. Any information would be great. Has anyone has any complications with the process? Thanks in advance!


  • #63
    Stheno
    Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 51,688 Mod ✭✭✭✭Stheno


    read this thread

    https://touch.boards.ie/thread/2057847716/6


  • #64
    Cazzums
    Registered Users Posts: 48 ✭Cazzums


    Thank you


  • #65
    Sammylok1977
    Registered Users Posts: 46 ✭Sammylok1977


    May I ask your experience , do they including all the bonus and over time ?
    My gross salary is €30,900 but my P60 is €43K which includes the bonus , commission and over times, does the calculation base on the gross salary or P60? I contact rebuilding Ireland and they told me to use the P60 amount !! But most of the comments here said the calculation not include over time and bonus !! I m very confused! Hope you able to give me advice! Thank you in advance


  • #66
    Lolle06
    Registered Users Posts: 235 ✭✭Lolle06


    Sammylok1977 wrote: »
    May I ask your experience , do they including all the bonus and over time ?
    My gross salary is €30,900 but my P60 is €43K which includes the bonus , commission and over times, does the calculation base on the gross salary or P60? I contact rebuilding Ireland and they told me to use the P60 amount !! But most of the comments here said the calculation not include over time and bonus !! I m very confused! Hope you able to give me advice! Thank you in advance

    As far as I know, the Local Authority you apply to will have the final say, so you are better off talking to them - especially when it comes to your extra income.

    And to answer your earlier question: I did not apply for this loan scheme - I am more familiar with the former one.
    That‘s why I thought they would have a mortgage cut-off of 65 years - but they might have extended that now, although you are better off asking your Local Authority as well. Just to be sure.


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  • #67
    Sammylok1977
    Registered Users Posts: 46 ✭Sammylok1977


    Thanks so much for your advice! I did ring two different council they both said will consider use the extra income and may be apply the 29 years mortgage!!


  • #68
    Lolle06
    Registered Users Posts: 235 ✭✭Lolle06


    Sammylok1977 wrote: »
    Thanks so much for your advice! I did ring two different council they both said will consider use the extra income and may be apply the 29 years mortgage!!

    That sounds great!

    Best of luck with your application, Sammylok.


  • #69
    Sammylok1977
    Registered Users Posts: 46 ✭Sammylok1977


    Thanks so much !! Prayed !!


  • #70
    LauraAaron
    Registered Users Posts: 106 ✭✭LauraAaron


    So glad I found this thread myself and my husband have been renting in Donegal for 7 years now our rent is €630 a month. I'll be keeping an eye on what every one is saying you need to do and making a checklist. We won't be applying for at least a year but I hope by then we have everything in order to do so x because let's face it all we are doing is paying someone else's mortgage when we can easily afford our own :)


  • #71
    unclejoe89
    Registered Users Posts: 15 ✭unclejoe89


    Hi does anyone know if the primary earner must be in the SAME job for 2 years, or can you change to a different job?

    Primary earner must have at least 2 years continuous employment


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  • #72
    autumnbelle
    Registered Users, Registered Users 2 Posts: 1,162 ✭✭✭autumnbelle


    unclejoe89 wrote: »
    Hi does anyone know if the primary earner must be in the SAME job for 2 years, or can you change to a different job?

    Primary earner must have at least 2 years continuous employment

    Not the same job just continuous employment, ok to change jobs


  • #73
    suemurray
    Registered Users Posts: 30 ✭suemurray


    Hi I am waiting over 8 weeks and no response or updates and I am close to loosing a house that I have a holding deposit put down on - the delays and lack of updates is very frustrating. A high street bank can give you approval in principle in less than 24 hours and full approval ina round two weeks. How can we compete with other buyers who get answers quicker. I’m beyond frustrated


  • #74
    Cazzums
    Registered Users Posts: 48 ✭Cazzums


    Hi Sue, is that 8 weeks with the underwriters or 8 weeks since you handed in your application? I gave my application in at the start of February and it was only sent to the underwriters mid April and still no joy. I was told initially 2-3 weeks then 4-5 weeks but god knows how much longer! I am the same have a house secured but can’t do anything more!!


  • #75
    suemurray
    Registered Users Posts: 30 ✭suemurray


    Oh my god!!! That’s shocking!! I handed mine into council 8 weeks ago and they sent it to housing agency to be assessed as far as I know! I have the pooor guy at the council driven mad ringing for updates but he has heard nothing! I have painters and carpenters waiting and I can’t give go ahead. If I loose this house I can’t afford the prices of anything else north of Wexford


  • #76
    Lolle06
    Registered Users Posts: 235 ✭✭Lolle06


    Why would you bid on a house without an approval at all?
    What if you don’t get approved?

    It is normal for LA loan applications to take longer compared to banks and other lending institutions - there are 3 approval stages for a LA mortgage! And given the amount of applications for the new loan scheme and the backlog, it‘s very risky to go and bid on houses while your application is still being processed.


  • #77
    suemurray
    Registered Users Posts: 30 ✭suemurray


    Firstly I didnt bid on anything, I placed a fully refundable booking deposit on a house in a development that is now fully sold out. If I had waited for this approval should it come through to then look for a house there would have been no house to buy. I applicator the stages involved as I work in the mortgage industry. The website, the council and the helpline all advised 4-6 weeks turn around and that is why I’m frustrated. The decision makers should have ensured it was adequately resourced as anyone with knowledge of the housing market and affect the central bank lending rules have had that this scheme would be in huge demand.


  • #78
    surrender monkey
    Registered Users, Registered Users 2 Posts: 230 ✭✭surrender monkey


    Usually when bidding on a house you would already have loan approval up to a specific amount. If I was you I'd be trying to get a mortgage elsewhere in the meantime if you want to keep that house. A local authority loan takes a lot longer to draw down than a bank loan.


  • #79
    suemurray
    Registered Users Posts: 30 ✭suemurray


    Agreed, usually a borrower has approval in principle and that will suffice until full mortgage approval. Unfortunately I can’t obatin the required mortgage from a high street bank because of central bank lending restrictions. My mortgage on this house would be less than my current rent. I have saved more than 10% deposit and no other debts but as a sole mortgage applicant, no bank will lend me the required amount and it’s certainly nothing excessive to what I can afford


  • #80
    surrender monkey
    Registered Users, Registered Users 2 Posts: 230 ✭✭surrender monkey


    What about asking your TD if they can help.


  • #81
    Lolle06
    Registered Users Posts: 235 ✭✭Lolle06


    suemurray wrote: »
    Firstly I didnt bid on anything, I placed a fully refundable booking deposit on a house in a development that is now fully sold out. If I had waited for this approval should it come through to then look for a house there would have been no house to buy. I applicator the stages involved as I work in the mortgage industry. The website, the council and the helpline all advised 4-6 weeks turn around and that is why I’m frustrated. The decision makers should have ensured it was adequately resourced as anyone with knowledge of the housing market and affect the central bank lending rules have had that this scheme would be in huge demand.


    Oh, I really do hope you get a positive answer soon! I was just surprised that you could put a deposit down, without an AIP. Usually EA‘s wouldn’t deal with bids from ppl without proof of funds.

    Of course, I agree with you - I think it is ridiculous for the minister to announce this scheme, outline an application process of 4- 6 weeks, yet some unlucky applicants didn’t even receive an answer after almost 3 months, while others already got approvals from multiple CoCo‘s after just a few weeks!

    But unfortunately we are dealing with the Irish Government here... to expect efficiency and organization is apparently wishful thinking :-(


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  • #82
    Cazzums
    Registered Users Posts: 48 ✭Cazzums


    suemurray wrote: »
    Oh my god!!! That’s shocking!! I handed mine into council 8 weeks ago and they sent it to housing agency to be assessed as far as I know! I have the pooor guy at the council driven mad ringing for updates but he has heard nothing! I have painters and carpenters waiting and I can’t give go ahead. If I loose this house I can’t afford the prices of anything else north of Wexford

    Did you get a letter from your council to say they have sent it to the underwriters? I got my letter on the 12th April and thought I’d definitely have gotten approval by now! Single applicant with over 30k deposit, no loans, clean credit history, etc. it’s bizarre how long it’s taking! If I get rejected I’ll be devestated!! Going on 15 weeks now since I left my application in!!!


  • #83
    suemurray
    Registered Users Posts: 30 ✭suemurray


    I’ve sent two letters to the minister for housing and no reply. There are 300 applications waiting to be assessed so I know I’m one of many. I would just rather my decision or outcome so I can decide next steps if it’s a non runner. The minister enjoyed the press releases and media moment when this was announced and has unfortunately left all the people working at county councils to answer regarding the delays. Seems like once again no forward thinking in Irish government! I hope I can post good news on here in coming weeks


  • #84
    surrender monkey
    Registered Users, Registered Users 2 Posts: 230 ✭✭surrender monkey


    The government announced this scheme and put nothing in place for it. The first the staff on the ground in local authorities heard of this was when the public started calling in looking for information.


  • #85
    Lolle06
    Registered Users Posts: 235 ✭✭Lolle06


    surrender monkey wrote: »
    The government announced this scheme and put nothing in place for it. The first the staff on the ground in local authorities heard of this was when the public started calling in looking for information.

    That‘s true. They’ve basically heard of it only just before the public did - no more details about it were shared and they - for good reason - dreaded it!


  • #86
    SNNUS
    Registered Users Posts: 768 ✭✭✭SNNUS


    Cazzums wrote: »
    Did you get a letter from your council to say they have sent it to the underwriters? I got my letter on the 12th April and thought I’d definitely have gotten approval by now! Single applicant with over 30k deposit, no loans, clean credit history, etc. it’s bizarre how long it’s taking! If I get rejected I’ll be devestated!! Going on 15 weeks now since I left my application in!!!

    Someone should be held accountable for that as it is way too long, Get a TD involved.


  • #87
    stryker mcqueen
    Registered Users Posts: 1,288 ✭✭✭stryker mcqueen


    Sorry for dragging up a topic that has been covered numerous times.....But rejection letters.

    So south Dublin county council want the letters to note the amount you have been rejected for, is this possible?

    We now have letters from bank of Ireland and KBC , however both are rejection letters only , no figures mentioned , which is something they informed us of so not a surprise.....KBC is even from a friend we were looking for a favour from but they said this cannot be done .

    Have anyone got a letter with an actual figure noted?

    Is anyone dealing with south Dublin? As they seem sooo unhelpful and making it near impossible .

    Thanks

    Stryker


  • #88
    Coinsguy
    Registered Users Posts: 62 ✭✭Coinsguy


    Weird one here.

    I want to get an apartment (2 or 3 bed). Let's say the banks will loan me 200k as an example.

    A 2 bed apartment could be found for this 200k mortgage but I want to get a 3 bed apartment in the same area, which requires a bit more money than the 200k that the banks will loan me.

    My question is, considering I don't have a family or whatever and no "need" for a 3 bed at this moment in time - will I instantly be rejected?

    I want to plan for the future but I can't imagine them caring about that if only 1 person (me) will be living in the apartment in the near future.


  • #89
    foodiewarrior
    Registered Users Posts: 29 ✭foodiewarrior


    no bank will issue a mortgage letter saying for which amount you applied for. like "Conor McGregor applied for a mortgage of [font=arial, sans-serif]€[/font]1,000,000 and was duly rejected."
    so the whole process is a big joke. 
    I applied in South Dublin CoCo. I applied here because I live in Tallaght for 5 years and this is where I want to buy  and settle down.
    But they are imposible to deal with. They asked for several papers which no other county asked for. So I went in to submit my papers. You need to submit them at the help desk where all other county council maters are handled. The lady was like, yeah sure, all the papers are fine, everything is fine.
    So 6 weeks later I got a rejection letter because apparently many more papers are missing. I rang them several times. The secretary answers, when he answers, and reads my rejection letter over and over. I ask can I meet with someone from housing. He said NO, they do not want to meet with you, they are busy with other applications. I ask him can he tell me which papers are missing. He tells me he has no idea as he is just a secretary and just files the papers. I ask to speak with the people who actually work in housing and they every time say that is not possible.
    So they take in your application. And most times something is missing because the underwriters need papers which are not on the checklist. And they will not in any case contact you. Even tho I gave them my phone number and email address and home address repeatedly. They say it is not their job to contact with me. So they send on the application to the underwriter and it gets rejected because of missing papers. And they come back to you saying you were rejected.
    So this is the council our tax money goes towards. They are not working for the benefit of people. They are just receiving the applications and filing the rejection letters.
    So good luck. You might as well apply in another county council asap. After having to deal with So Du CoCo I'm not sorry I'll be leaving Tallaght, because I don't want to live in a county which works like this.


  • #90
    rachieqtpie
    Registered Users Posts: 86 ✭✭rachieqtpie


    stryker mcqueen wrote: »
    Sorry for dragging up a topic that has been covered numerous times.....But rejection letters.

    So south Dublin county council want the letters to note the amount you have been rejected for, is this possible?

    We now have letters from bank of Ireland and KBC , however both are rejection letters only , no figures mentioned , which is something they informed us of so not a surprise.....KBC is even from a friend we were looking for a favour from but they said this cannot be done .

    Have anyone got a letter with an actual figure noted?

    Is anyone dealing with south Dublin? As they seem sooo unhelpful and making it near impossible .

    Thanks

    Stryker

    We had no rejection letters per se. We applied to two different banks and they offered us €xxx and that was proof of insufficient funds to buy a house in our area. We were not refused a mortgage.


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  • #91
    rachieqtpie
    Registered Users Posts: 86 ✭✭rachieqtpie


    Coinsguy wrote: »
    Weird one here.

    I want to get an apartment (2 or 3 bed). Let's say the banks will loan me 200k as an example.

    A 2 bed apartment could be found for this 200k mortgage but I want to get a 3 bed apartment in the same area, which requires a bit more money than the 200k that the banks will loan me.

    My question is, considering I don't have a family or whatever and no "need" for a 3 bed at this moment in time - will I instantly be rejected?

    I want to plan for the future but I can't imagine them caring about that if only 1 person (me) will be living in the apartment in the near future.
    Coinsguy wrote: »
    Weird one here.

    I want to get an apartment (2 or 3 bed). Let's say the banks will loan me 200k as an example.

    A 2 bed apartment could be found for this 200k mortgage but I want to get a 3 bed apartment in the same area, which requires a bit more money than the 200k that the banks will loan me.

    My question is, considering I don't have a family or whatever and no "need" for a 3 bed at this moment in time - will I instantly be rejected?

    I want to plan for the future but I can't imagine them caring about that if only 1 person (me) will be living in the apartment in the near future.


    It’s doesnt matter the type of property you are looking for ... we put on our property tbc.. it’s the amount they are after. Apply to two banks ..if you have children Kbc are quite tough on disposable income after children . Once you have two offers from banks that prove insufficient funds from two banks that is sufficient for your application


  • #92
    stryker mcqueen
    Registered Users Posts: 1,288 ✭✭✭stryker mcqueen


    foodiewarrior wrote: »
    no bank will issue a mortgage letter saying for which amount you applied for. like "Conor McGregor applied for a mortgage of [font=arial, sans-serif]€[/font]1,000,000 and was duly rejected."
    so the whole process is a big joke. 
    I applied in South Dublin CoCo. I applied here because I live in Tallaght for 5 years and this is where I want to buy  and settle down.
    But they are imposible to deal with. They asked for several papers which no other county asked for. So I went in to submit my papers. You need to submit them at the help desk where all other county council maters are handled. The lady was like, yeah sure, all the papers are fine, everything is fine.
    So 6 weeks later I got a rejection letter because apparently many more papers are missing. I rang them several times. The secretary answers, when he answers, and reads my rejection letter over and over. I ask can I meet with someone from housing. He said NO, they do not want to meet with you, they are busy with other applications. I ask him can he tell me which papers are missing. He tells me he has no idea as he is just a secretary and just files the papers. I ask to speak with the people who actually work in housing and they every time say that is not possible.
    So they take in your application. And most times something is missing because the underwriters need papers which are not on the checklist. And they will not in any case contact you. Even tho I gave them my phone number and email address and home address repeatedly. They say it is not their job to contact with me. So they send on the application to the underwriter and it gets rejected because of missing papers. And they come back to you saying you were rejected.
    So this is the council our tax money goes towards. They are not working for the benefit of people. They are just receiving the applications and filing the rejection letters.
    So good luck. You might as well apply in another county council asap. After having to deal with So Du CoCo I'm not sorry I'll be leaving Tallaght, because I don't want to live in a county which works like this.

    Yea we had a great meeting with Dublin city council which felt a lot more professional so to speak , I don't think it's unreasonable to expect a sit down appointment for something of this nature .

    And having their own checklist makes a mockery of the scheme , very hard not to get frustrated with this council


  • #93
    Coinsguy
    Registered Users Posts: 62 ✭✭Coinsguy


    rachieqtpie wrote: »
    It’s doesnt matter the type of property you are looking for ... we put on our property tbc.. it’s the amount they are after. Apply to two banks ..if you have children Kbc are quite tough on disposable income after children . Once you have two offers from banks that prove insufficient funds from two banks that is sufficient for your application

    Perfect thank you. Online calculators apparently are accepted, what ones are people using on here?


  • #94
    autumnbelle
    Registered Users, Registered Users 2 Posts: 1,162 ✭✭✭autumnbelle


    Coinsguy wrote: »
    Perfect thank you. Online calculators apparently are accepted, what ones are people using on here?

    I was told the online calculators aren’t being accepted by the helpline at the beginning


  • #95
    Coinsguy
    Registered Users Posts: 62 ✭✭Coinsguy


    autumnbelle wrote: »
    I was told the online calculators aren’t being accepted by the helpline at the beginning

    I'm pretty sure they changed their FAQs a while back from what I remember. I'll double check that though.

    My situation is messy when it comes to this, especially since I have most of my money in stocks. Its hard to say I have xx,xxx of a deposit. One day it could be more, the next it could be lower.

    I wouldn't want to cash it out until I know I can get a mortgage. But if I tell them I have 20k saved and they want proof, it could easily change by the time they look at the application.


  • #96
    rachieqtpie
    Registered Users Posts: 86 ✭✭rachieqtpie


    Coinsguy wrote: »
    rachieqtpie wrote: »
    It’s doesnt matter the type of property you are looking for ... we put on our property tbc.. it’s the amount they are after. Apply to two banks ..if you have children Kbc are quite tough on disposable income after children . Once you have two offers from banks that prove insufficient funds from two banks that is sufficient for your application

    Perfect thank you. Online calculators apparently are accepted, what ones are people using on here?

    We rang aib and did application over phone no supporting documents needed and they sent us out an approval in principle in a couple of days and that was accepted


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  • #97
    SNNUS
    Registered Users Posts: 768 ✭✭✭SNNUS


    rachieqtpie wrote: »
    We rang aib and did application over phone no supporting documents needed and they sent us out an approval in principle in a couple of days and that was accepted

    I did an online application with AIB and got a AIP there and then, obviously the amount was too low but was good for an insufficient funds letter and proof when putting a deposit on a house.


  • #98
    stryker mcqueen
    Registered Users Posts: 1,288 ✭✭✭stryker mcqueen


    SNNUS wrote: »
    I did an online application with AIB and got a AIP there and then, obviously the amount was too low but was good for an insufficient funds letter and proof when putting a deposit on a house.

    Yea we did the same , Dublin city accepted it but south Dublin wouldn't as it doesn't say the amount we were rejected for .......Even though it does


  • #99
    Sammylok1977
    Registered Users Posts: 46 ✭Sammylok1977


    i went to EBS in mary street and AIB in Grafton street and they give the letter to said what they offer me. You have to prepare you 3 years P60, 3 months payslip, banks statement when you talk to them, otherwise they would not give you any letter, I went to all the bank in O Connell street and get nothing , so don't go there .


  • #100
    suemurray
    Registered Users Posts: 30 ✭suemurray


    Can I ask anyone who has revived an approval or a decline if you know whether all income is considered or are say bonus and overtime only taken at50%? Is child benefit etc considered income? Any help be great on this


  • #101
    Sammylok1977
    Registered Users Posts: 46 ✭Sammylok1977


    Finally have an appointment today with DCC. Officer <snip> she is very nice And helpful. If you have a gift from your family make sure you have 3% of your gift amount. They don't consider bonus so only take 10% of my commissions and overtime. As my age 41, so the loan Year is 29. I didn't put the amount of mortgage so <snip> the very nice officer she did the calculation for me. No point to put in on your own. Better let them do the calculation! Finger cross and prayed for me!!


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