Rebuilding Ireland home loan

Given how inefficient they all seem to be, i'd dxpect its a new application you'd need. Worth a call though in case theres an easier route. Please let us know how you get on.

Hi all, I was wondering what how bad the penalty is for paying off a lump sum into the mortgage would be? I've seen the maths on the website but it's a bit confusing. Can anyone get their head around it?

Hi All, just looking for some advice as I'm planning on applying in the 2nd half of this year.

I have about 8k saved up over the last couple of years and I've now received a promotion in work which has really increased my salary.

I'm planning to have the rest of my deposit saved in the next 6-9months and will also be receiving a small amount from my parents to help. Does the 12months previous savings need to have been similar every month? I'm worried that my application could be rejected based on the fact that my deposit has mainly been saved just this year.

A heads up anyone curious on this - it is a new application for another assessment.

Similar thing for me - approved based on previous rate but have to apply again for increases lending rate.

The really limits options in Dublin ,

Can you even get a new build 3 bed for 320 K ?

No - but what we ended up doing was buying a doer upper. Still not done but we are in so main renovation work is done. It needed roughly 60k of investment to make it habitable so you might be able to think about it in those terms. If you can buy a kip for 320 and use your additional funds to do it up?

If you have 150k cash wouldn't you be better going to a bank and getting 4x LTV, right now the mortgage will be cheaper and you can buy your own mortgage protection.

Oh i'm just being inquisitive, its a made up sum ,I'm not in the market to buy right now nor a first time buyer, i

Hi, I am thinking of applying for RBHL as a single person with Dublin City Council and Dun Laoghaire Rathdown and I had a few questions if anyone would like to share their experience of applying and getting the loan I'd love to hear it :)

• how have people found both Council's to deal with?
• do I need to supply my revolut statements? I use a regular bank for my salary and a few direct debits but I put all my daily exps through revolut so in my regular bank there are lots of transfers to revolut. To save time should I just put in statements for both accounts?
• I plan on applying for the max mortgage amount of 288k, and I will make up the 32k deposit -I have 25k saved and will get the remained 7k as a gift do I need to prove that I have that 7k in my account to get offered the full 288k or will they take my word for it?
• What happens after I get approved? Do I make offers on houses then and if an offer is accepted what happens then do I have more dealing with the council and are they good for getting back to you on time?
• Does the increase in interest rates at the moment increase rebuilding irl loan repayment and if so by how much?

Thanks in advance for any advice you might have :)

From March 1st the caps will be raised for the LA Home Loan, in dublin to 360k.

According to the website, an eligible applicant must "be in continuous employment for a minimum of two years as the primary earner".

This has to be a recent change though right? I'm pretty sure it was just one year a few weeks ago...

Just wondering has anyone moved home after getting the RBHL? What's the breakage fee & was there any problems with the council?

I posted mine

Any fear these fixed rates will rise again soon?