Rebuilding Ireland home loan

01-03-2021 11:50pm

Lauren52 wrote: »

That's great might benefit the person looking for the house that's up for Auction. Thankfully we got our approval with RI after what seems like the longest time compared to anyone on here and that's saying something as for most it's a long, stressful process

Most important part of buying a house at auction is getting a solicitor onto the documents sharpish. Houses are generally at auction for a reason. Oftentimes those reasons can be reasons a bank won't allow a mortgage.

jill_valentine · 02-03-2021 12:09am

Deleted User wrote: »

I'm finding some of the AIP stories on here hard to grasp. Is approval in principle not based solely on the numbers you give them verbally? In other words, "you sound like we'd give you money, so we'll give you AIP, but when you actually want the money, we'll look at you properly then".

I mean, I am not in an amazing financial situation in terms of getting a mortgage approved, but Bank of Ireland gave me AIP after 5 minutes on the phone. It was immediately emailed to me as I fit their general criteria. They had no interest in giving me a thorough looking over until I actually applied for the money.

AIP is normally based on what you tell them at first glance, yep, but where a bank will give you AIP in less than an hour, Rebuilding Ireland takes as long as the council takes - they will not issue AIP until it goes to Credit Committee and Underwriters and back which takes 3 months to a year. It's not really designed to work imho.

BKWDR · 02-03-2021 11:40am

A main stream bank will give you AIP in 4 minutes. But then its based upon you providing all of the details and bank account statements and relevant tax details that they look at. They get it underwritten faster but its becuase they are a private entity. The RIHL is front loaded and thats what takes the time, they get and check all the information up front before issuing AIP.

Would be hesitant to look at auction / fire sale properties with this. Just be aware, you get a good deal on an auction property there could be something waiting in the long grass. Outstanding charges / fees / structural damage and they will probably want a unrefundable deposit too.
If you hand it over, then you dont get your loan from RIHL becuase they cant give you a guarantee of good marketable title on the property or it comes out in the wash that there are 5 grand outstanding management fees or whatever , then you are in to a world of misery

Just something to consider and something i would be really considering with a solicitor and not an estate agent

Paddypie · 02-03-2021 11:53am

Mbourke91 wrote: »

Does anyone know how long Meath county council are taking to Come back at the moment?

I sent in my 2nd application to Meath on 1st Feb and haven't heard back yet. I suspect I'll hear in the next two weeks. I had a positive response from my 1st application this time last year in about 5 weeks. The two lads in Meath are on the ball. They are qualified and experienced in mortgages. They dont really sit on applications for too long. Sometimes the housing agency can request additional information which can delay an application. Any questions and Meath C.C let me know.

Mbourke91 · 02-03-2021 12:06pm

Paddypie wrote: »

I sent in my 2nd application to Meath on 1st Feb and haven't heard back yet. I suspect I'll hear in the next two weeks. I had a positive response from my 1st application this time last year in about 5 weeks. The two lads in Meath are on the ball. They are qualified and experienced in mortgages. They dont really sit on applications for too long. Sometimes the housing agency can request additional information which can delay an application. Any questions and Meath C.C let me know.

That’s great thanks a million

I sent in my application yesterday so hoping we will hear within the next couple of months.

williaint · 02-03-2021 4:59pm

Just a word of warning when filling in application re. the amount you wish to borrow and over what term (25 / 30 years).

At the time of applying I just put down the maximum amount based on my salary using the online calculator - I *wrongly* presumed when you receive Approval In Principle you will get the option of 25 OR 30 year term, just like any bank would give you.

I got AIP over 30 years but the repayments are a little high for a single applicant (€200 per month higher than what the online calculator says), so I would now prefer the 25 year term at the lower interest rate.

I just rang up the Coco there and was told that in order to find out the maximum amount I could borrow over 25 year term I would have to REAPPLY FROM SCRATCH. This is despite none of my details changing.

But surely if you decide to buy a property that costs less, you may want to borrow less when you draw down...

So when choosing your amount and term be positive that is the exact amount you want (hard without a crystal ball I know), otherwise you will have to reapply from scratch again!!!

Jafin · 02-03-2021 5:32pm

williaint wrote: »

Just a word of warning when filling in application re. the amount you wish to borrow and over what term (25 / 30 years).

At the time of applying I just put down the maximum amount based on my salary using the online calculator - I *wrongly* presumed when you receive Approval In Principle you will get the option of 25 OR 30 year term, just like any bank would give you.

I got AIP over 30 years but the repayments are a little high for a single applicant (€200 per month higher than what the online calculator says), so I would now prefer the 25 year term at the lower interest rate.

I just rang up the Coco there and was told that in order to find out the maximum amount I could borrow over 25 year term I would have to REAPPLY FROM SCRATCH. This is despite none of my details changing.

But surely if you decide to buy a property that costs less, you may want to borrow less when you draw down...

So when choosing your amount and term be positive that is the exact amount you want (hard without a crystal ball I know), otherwise you will have to reapply from scratch again!!!

Don't you have to select the term when you're applying? It's over a year since I left in my application but I'm certain I had to select the 25 or 30 year term when I was filling in the application.

Also the online calculator doesn't include the MPI, which would be included in the repayment figures you were given when you got AIP. Even though the interest is lower for the 25 year repayments you'll probably be paying more anyway since it's a shorter term. I just went on to the calculator there quick and did the calculation for 25 and 30 years, and on the 25 year term it offered less money, but costing more per month.

diceyreilly · 02-03-2021 5:34pm

williaint wrote: »

Just a word of warning when filling in application re. the amount you wish to borrow and over what term (25 / 30 years).

At the time of applying I just put down the maximum amount based on my salary using the online calculator - I *wrongly* presumed when you receive Approval In Principle you will get the option of 25 OR 30 year term, just like any bank would give you.

I got AIP over 30 years but the repayments are a little high for a single applicant (€200 per month higher than what the online calculator says), so I would now prefer the 25 year term at the lower interest rate.

I just rang up the Coco there and was told that in order to find out the maximum amount I could borrow over 25 year term I would have to REAPPLY FROM SCRATCH. This is despite none of my details changing.

But surely if you decide to buy a property that costs less, you may want to borrow less when you draw down...

So when choosing your amount and term be positive that is the exact amount you want (hard without a crystal ball I know), otherwise you will have to reapply from scratch again!!!

Cheers for the info. But reapply. Pain in the hoop. You will deffo get approved and save 000’s

williaint · 02-03-2021 8:39pm

Yea I selected the 30 year term but I thought both terms would be offered to me when I got AIP - my mistake but this has been the case with any bank I approached. I will reapply again, for a 25 year term. I would obviously prefer to borrow less at the lower interest rate if I could get away with it...Very hard to know what to do!

Jafin wrote: »

Don't you have to select the term when you're applying? It's over a year since I left in my application but I'm certain I had to select the 25 or 30 year term when I was filling in the application.

Also the online calculator doesn't include the MPI, which would be included in the repayment figures you were given when you got AIP. Even though the interest is lower for the 25 year repayments you'll probably be paying more anyway since it's a shorter term. I just went on to the calculator there quick and did the calculation for 25 and 30 years, and on the 25 year term it offered less money, but costing more per month.

donfers · 03-03-2021 12:19pm

Applied to a few different councils and most are OK to deal with, although have varying levels of how fussy/particular they are. However all generally accept the initial application and then email you for additional requests.

All apart from one who returned the whole application via post with a note saying they wanted a few other documents. They also stated that they want all statements/documents updated due to the delay that they caused by returning the entire application via post about 4 weeks after initial application with no communication/warning.

It's crazy really, the application is so big that it costs a fortune to send and I get the impression that they just want to make it as difficult as possible for people to access the loan. They want us to just give up as processing it is a bit of extra work for them that they can't be bothered with. That is what my gut is telling me, I could be completely wrong.

Now I am torn between just getting the head down or doing as they say or going after them and just highlighting how unhelpful their behaviour as to housing minister, local TDs etc.

jill_valentine · 03-03-2021 1:09pm

donfers wrote: »

Applied to a few different councils and most are OK to deal with, although have varying levels of how fussy/particular they are. However all generally accept the initial application and then email you for additional requests.

All apart from one who returned the whole application via post with a note saying they wanted a few other documents. They also stated that they want all statements/documents updated due to the delay that they caused by returning the entire application via post about 4 weeks after initial application with no communication/warning.

It's crazy really, the application is so big that it costs a fortune to send and I get the impression that they just want to make it as difficult as possible for people to access the loan. They want us to just give up as processing it is a bit of extra work for them that they can't be bothered with. That is what my gut is telling me, I could be completely wrong.

Now I am torn between just getting the head down or doing as they say or going after them and just highlighting how unhelpful their behaviour as to housing minister, local TDs etc.

Imho we can do both. Work on your fresh application, but also make an effort to make this stupid process somebody else's problem too if you can, somebody elected. Posting a grumpy letter is best, but you can bash together an email quickly enough when you've got the rage in your sails.

BaguMka · 04-03-2021 10:43am

Yes this is long process compared to banks. I applied last year in September with Kildare County Council. I was well prepared thanks to this thread. And had to submit just a few documents. In December got approval in principle and in January loan offer. Found property and signed contracts.

The only problem so far was to get contracts signed on time as the vendors want you to sign contracts withing 21days however KildareCoCo solicitors not very quick so there is always delay for signing contracts on time.

I still have a long journey ahead but trying to be positive:) wishing everyone best of luck and never give up

Jafin · 04-03-2021 11:28am

Spoke to my local CC yesterday and my loan offer has officially expired. Now have to start from scratch, the joy! Not my CC's fault of course, they're bound by the rules set in place by whoever is at the top, but it's still annoying that I've gone from being ready to make offers on properties to back to having to reapply all over again.

Does anyone know if there's a way to get approval in principle online from AIB a second time? I got one of my AIP letters last year by applying with AIB online, and that AIP ran out last month as 12 months had passed. When I log in to the My Mortgage section of their website it only shows the mortgage I applied for last year with no option to reapply. I'd really like to get everything in order as quickly as possible and with as little human interaction as possible also. Does any other bank offer AIP by applying online? I had a quick look at Bank of Ireland last night and you can apply online but I don't know if you actually get the AIP online too. It was late when I looked so I didn't do a deep dive into it. Probably will at the weekend. Getting the two offers of insufficient funds is the part I hate the most about this process.

BaguMka · 04-03-2021 11:47am

Jafin wrote: »

Spoke to my local CC yesterday and my loan offer has officially expired. Now have to start from scratch, the joy! Not my CC's fault of course, they're bound by the rules set in place by whoever is at the top, but it's still annoying that I've gone from being ready to make offers on properties to back to having to reapply all over again.

Does anyone know if there's a way to get approval in principle online from AIB a second time? I got one of my AIP letters last year by applying with AIB online, and that AIP ran out last month as 12 months had passed. When I log in to the My Mortgage section of their website it only shows the mortgage I applied for last year with no option to reapply. I'd really like to get everything in order as quickly as possible and with as little human interaction as possible also. Does any other bank offer AIP by applying online? I had a quick look at Bank of Ireland last night and you can apply online but I don't know if you actually get the AIP online too. It was late when I looked so I didn't do a deep dive into it. Probably will at the weekend. Getting the two offers of insufficient funds is the part I hate the most about this process.

Go to permanent TSB they give a letter with funds you can borrow based on information you provide. It took me 10 minutes to obtain that letter

Jafin · 04-03-2021 12:04pm

BaguMka wrote: »

Go to permanent TSB they give a letter with funds you can borrow based on information you provide. It took me 10 minutes to obtain that letter

Yeah I got one of my letters from them last year, so was planning on doing that again. Just trying to find the best option for the second bank.

LaurenMcHugh · 04-03-2021 12:11pm

Does any one know what end of the month the credit committee usually sit in Wicklow Coco thanks ðŸ˜Š

diceyreilly · 04-03-2021 1:30pm

Finally have my pack ready to go.

Anyone who applied with Fingal in Covid times did you post or hand in the application

jill_valentine · 04-03-2021 2:18pm

diceyreilly wrote: »

Finally have my pack ready to go.

Anyone who applied with Fingal in Covid times did you post or hand in the application

I posted by reg post, I think the address I used was -

Loan Accounts Section

Housing Department

Fingal County Council, Grove Road,

Blanchardstown,

Dublin 15

LaurenMcHugh · 04-03-2021 3:22pm

LaurenMcHugh wrote: »

Does any one know what end of the month the credit committee usually sit in Wicklow Coco thanks ðŸ˜Š

Just got in touch with them, they’re meeting next Wednesday for anyone who wants to know

doug44 · 04-03-2021 4:57pm

Hi there, I've found this thread really helpful throughout my RI process, and I'm wondering if someone could help me with a query.

I'm at the final hurdle - everything is ready to go, I'm just waiting on the loan cheque to be issue by Cork County Council. It was requested over a month ago, and my solicitor was told it would be sorted in a couple of days.

There's still no sign of the cheque, my emails to the council are going unanswered, and my solicitor has simply been told that there is a massive delay in issuing loan cheques right now. It is beyond frustrating, and the lack of communication from the Council worker handling my case has only made things worse.

Now, my loan offer expires on April 6th. My question is: if I haven't drawn down by this date, even though all contracts have been signed and the cheque has been requested (I'm also insured on the house), could this fall through? Would I have to re-apply for the mortgage?

Thanks in advance for any help. Like I said, I'm getting radio silence from the council, and my solicitor is not faring any better.

Jafin · 04-03-2021 5:02pm

doug44 wrote: »

Hi there, I've found this thread really helpful throughout my RI process, and I'm wondering if someone could help me with a query.

I'm at the final hurdle - everything is ready to go, I'm just waiting on the loan cheque to be issue by Cork County Council. It was requested over a month ago, and my solicitor was told it would be sorted in a couple of days.

There's still no sign of the cheque, my emails to the council are going unanswered, and my solicitor has simply been told that there is a massive delay in issuing loan cheques right now. It is beyond frustrating, and the lack of communication from the Council worker handling my case has only made things worse.

Now, my loan offer expires on April 6th. My question is: if I haven't drawn down by this date, even though all contracts have been signed and the cheque has been requested (I'm also insured on the house), could this fall through? Would I have to re-apply for the mortgage?

Thanks in advance for any help. Like I said, I'm getting radio silence from the council, and my solicitor is not faring any better.

When you say the offer expires on April 6th do you mean that that's 6 months from the time you were actually offered the loan? From what I understand once you're gone sale agreed that timer more or less just stops. Once the wheels are actually in motion, regarding being sale agreed and all that, then you're fine.

doug44 · 04-03-2021 5:15pm

Yes, it's 6 months since my initial offer. That is really helpful, thank you. Like I said, I queried it with the person working on my application, but I never heard back. Thanks again!

ABCD_1234 · 04-03-2021 9:43pm

Surveyors are an essential service although I read on this thread or somewhere similar that RIHL are not sending out surveyors during level 5 lockdown, has anyone had any experience with this?

Thank you

diceyreilly · 04-03-2021 9:47pm

jill_valentine wrote: »

I posted by reg post, I think the address I used was -

Loan Accounts Section

Housing Department

Fingal County Council, Grove Road,

Blanchardstown,

Dublin 15

All sent off now. A waiting game now.

Thanks for all your help with it.

extrafluff · 05-03-2021 12:23pm

ABCD_1234 wrote: »

Surveyors are an essential service although I read on this thread or somewhere similar that RIHL are not sending out surveyors during level 5 lockdown, has anyone had any experience with this?

Thank you

That's my take on it, that surveyors are essential. We've been told by the estate agent that the councils valuer has been in touch about getting access to the house we're sale agreed on. SDCC.
We don't know whether it has taken place though.

ABCD_1234 · 05-03-2021 12:26pm

extrafluff wrote: »

That's my take on it, that surveyors are essential. We've been told by the estate agent that the councils valuer has been in touch about getting access to the house we're sale agreed on. SDCC.
We don't know whether it has taken place though.

I’m SDCC too so that’s great, thanks for letting me know. Much appreciated!

jill_valentine · 05-03-2021 12:40pm

diceyreilly wrote: »

All sent off now. A waiting game now.

Thanks for all your help with it.

No problem. The very best of luck.

I think the scheme is needlessly, and probably deliberately, messy and protracted, and if I can help anybody else navigate it to get one of the few supports they're entitled to WRT to housing, I'd be delighted.

pearsebhoy · 05-03-2021 2:07pm

Hi guys, in everyone’s experience how strict are the councils on making sure that a certain % of your deposit has been saved within the past 12 months?

jill_valentine · 05-03-2021 2:30pm

pearsebhoy wrote: »

Hi guys, in everyone’s experience how strict are the councils on making sure that a certain % of your deposit has been saved within the past 12 months?

I haven't seen that requirement. Only that you yourself came up with the money, it isn't a gift etc?

If you've been saving a steady enough pile of money every month that it doesn't look glaringly weird you'd have whatever you had as of 12 months ago saved, I don't think they'll enquire further.

pearsebhoy · 05-03-2021 2:59pm

jill_valentine wrote: »

I haven't seen that requirement. Only that you yourself came up with the money, it isn't a gift etc?

If you've been saving a steady enough pile of money every month that it doesn't look glaringly weird you'd have whatever you had as of 12 months ago saved, I don't think they'll enquire further.

Thanks. My partner is convinced you need to have x% saved in the past 12 months, so we’ve opened another savings account a few months ago. Our actual deposit we’ve had saved for a few years so it won’t show on our 12 months bank statements

Jafin · 05-03-2021 3:42pm

pearsebhoy wrote: »

Hi guys, in everyone’s experience how strict are the councils on making sure that a certain % of your deposit has been saved within the past 12 months?

I...don't think that's a thing. You do need to show that you have been saving regularly over the past 12 months, but not to the extent that it has to be a certain percentage of your deposit.

ABCD_1234 · 05-03-2021 3:53pm

pearsebhoy wrote: »

Hi guys, in everyone’s experience how strict are the councils on making sure that a certain % of your deposit has been saved within the past 12 months?

I think once you have had consistent savings over the 12 months prior to applying that’s fine. It’s all to do with the repayment capacity. I had to have the full deposit before applying (SDCC) at least 7% of your deposit amount needs to be made up of your own savings. This may differ between county councils.

donfers · 05-03-2021 3:54pm

Technically you are supposed to have saved 3% of the house value yourself over 12 months and while a few councils are sticklers to every single little technicality, in my opinion most allow a little wiggle room around this or are not bothered by it

pearsebhoy · 05-03-2021 4:40pm

donfers wrote: »

Technically you are supposed to have saved 3% of the house value yourself over 12 months and while a few councils are sticklers to every single little technicality, in my opinion most allow a little wiggle room around this or are not bothered by it

Thanks lad

pearsebhoy · 05-03-2021 5:41pm

donfers wrote: »

Technically you are supposed to have saved 3% of the house value yourself over 12 months and while a few councils are sticklers to every single little technicality, in my opinion most allow a little wiggle room around this or are not bothered by it

Is every single transaction in your banking and savings scrutinised do you know? In addition to my proper full time job sometimes I take on little IT jobs such as repair or consulting and would have the odd transfer in. No more than maybe 1 or 2 a month, if I had any that month at all.

roisinc94 · 05-03-2021 8:00pm

doug44 wrote: »

Hi there, I've found this thread really helpful throughout my RI process, and I'm wondering if someone could help me with a query.

I'm at the final hurdle - everything is ready to go, I'm just waiting on the loan cheque to be issue by Cork County Council. It was requested over a month ago, and my solicitor was told it would be sorted in a couple of days.

There's still no sign of the cheque, my emails to the council are going unanswered, and my solicitor has simply been told that there is a massive delay in issuing loan cheques right now. It is beyond frustrating, and the lack of communication from the Council worker handling my case has only made things worse.

Now, my loan offer expires on April 6th. My question is: if I haven't drawn down by this date, even though all contracts have been signed and the cheque has been requested (I'm also insured on the house), could this fall through? Would I have to re-apply for the mortgage?

Thanks in advance for any help. Like I said, I'm getting radio silence from the council, and my solicitor is not faring any better.

I've also been trying to follow up on my application with Cork County Council. It's not the same issue but my emails are also going unanswered.

donfers · 06-03-2021 12:19pm

pearsebhoy wrote: »

Is every single transaction in your banking and savings scrutinised do you know? In addition to my proper full time job sometimes I take on little IT jobs such as repair or consulting and would have the odd transfer in. No more than maybe 1 or 2 a month, if I had any that month at all.

From what I hear they only really askn questions about transactions of more than 500 eur or even 1000, although it all depends on how much of a bureaucrat you are dealing with. Some councils want the bare minimum but then you get the odd story of councils with people being very fussy and asking for all sorts of stuff

BaguMka · 06-03-2021 12:52pm

donfers wrote: »

From what I hear they only really askn questions about transactions of more than 500 eur or even 1000, although it all depends on how much of a bureaucrat you are dealing with. Some councils want the bare minimum but then you get the odd story of councils with people being very fussy and asking for all sorts of stuff

I've been dealing with KildareCoCo and they have been very meticulous. I was asked about small credits like 100euro etc..

pearsebhoy · 06-03-2021 3:51pm

BaguMka wrote: »

I've been dealing with KildareCoCo and they have been very meticulous. I was asked about small credits like 100euro etc..

Jesus that’s mad. Thought it was only the bank that would do that to be honest

ABCD_1234 · 06-03-2021 4:02pm

Hi, a question for anyone that has made it through the RIHL process. When you have finally successfully secured a property and go sale agreed what happens next? Do you get your own surveyor out and send that to the CC, they review same and then instruct their own surveyor? The property is noted as BER C but looks like it needs new doors and windows? Will this be an issue for the CC? It’s a bank owned property, water and electricity has been turend off, will this be an issue? Thank you for your help

Jafin · 06-03-2021 8:52pm

ABCD_1234 wrote: »

Hi, a question for anyone that has made it through the RIHL process. When you have finally successfully secured a property and go sale agreed what happens next? Do you get your own surveyor out and send that to the CC, they review same and then instruct their own surveyor? The property is noted as BER C but looks like it needs new doors and windows? Will this be an issue for the CC? It’s a bank owned property, water and electricity has been turend off, will this be an issue? Thank you for your help

I went sale agreed on a property last October and had to get a surveyor out myself and had to get the property valued by an estate agent that wasn't the one selling it. My surveyor found some issues, such as not enough ventilation and the doors not being up to building regs because they weren't fire rated (this was an apartment, I don't think fire doors are as important in actual houses). So once you have those two things done you send them back to the council. Whoever you're dealing with should tell you all this anyway once you inform them you've gone sale agreed.

Antho12 · 06-03-2021 10:56pm

ABCD_1234 wrote: »

Hi, a question for anyone that has made it through the RIHL process. When you have finally successfully secured a property and go sale agreed what happens next? Do you get your own surveyor out and send that to the CC, they review same and then instruct their own surveyor? The property is noted as BER C but looks like it needs new doors and windows? Will this be an issue for the CC? It’s a bank owned property, water and electricity has been turend off, will this be an issue? Thank you for your help

Some people on here said some councils send their own surveyor to the property, that was not the case for me with DCC, I had to hire a surveyor myself and send the report to them. So I guess you’ll have to ask your council. Some surveyors can carry out survey + valuation at the same time, which is handy.
Good luck

problemnext · 07-03-2021 1:51pm

Hi,

Recently came across the Rebuilding Ireland Loan and have a few questions.
Im 24, moved out of Dublin in October last year and still getting dublin salary so using Covid to try and save as much as possible.
We have no long term wfh policy yet, but the consensus is that we will be 3/4 days at home at least, so looking to buy a place in west of Ireland. Either Leitrim/Roscommon near the N4.
Just wondering will my age disadvantage me for this.

Also wondering when can i apply as:
I am not 2 years with my company until this July
I wont have deposit saved fully until September/October

Thanks

pearsebhoy · 08-03-2021 7:31pm

problemnext wrote: »

Hi,

Recently came across the Rebuilding Ireland Loan and have a few questions.
Im 24, moved out of Dublin in October last year and still getting dublin salary so using Covid to try and save as much as possible.
We have no long term wfh policy yet, but the consensus is that we will be 3/4 days at home at least, so looking to buy a place in west of Ireland. Either Leitrim/Roscommon near the N4.
Just wondering will my age disadvantage me for this.

Also wondering when can i apply as:
I am not 2 years with my company until this July
I wont have deposit saved fully until September/October

Thanks

Sorry, what exactly is a “Dublin” salary? You can apply after you are in permanent employment for 2 years. If you were previously working full time, didn’t have a gap between moving positions, and aren’t currently on probation in your job, I believe you can apply.

MariaJekiou · 09-03-2021 4:09pm

Hi,

Has anyone recently applied to Wexford coco?

Thanks

Jafin · 09-03-2021 5:42pm

Spoke to a mortgage manager from BOI today trying to get one of the AIPs I need for reapplying to RIHL. Turns out they're not even offering AIP unless they know that my employer is not availing of any subsidy schemes, regardless of the fact that I myself am not personally on any subsidy or PUP scheme. I have to find out if my employer is availing of anything (which I'm pretty sure they are) before I can get AIP. Another eye watering blister in the application process.

3283winnie · 09-03-2021 6:01pm

Jafin wrote: »

Spoke to a mortgage manager from BOI today trying to get one of the AIPs I need for reapplying to RIHL. Turns out they're not even offering AIP unless they know that my employer is not availing of any subsidy schemes, regardless of the fact that I myself am not personally on any subsidy or PUP scheme. I have to find out if my employer is availing of anything (which I'm pretty sure they are) before I can get AIP. Another eye watering blister in the application process.

From reading a few comments I have heard to get one from aib online immediately and permanent tsb are allowing aip. Does it have to be bank of ireland because you are reapplying. I'm hoping to put all my documents in the end of this month so I'm hoping I can get the aip letters myself please God you can get it sorted

Lauren52 · 09-03-2021 7:28pm

Jafin wrote: »

Spoke to a mortgage manager from BOI today trying to get one of the AIPs I need for reapplying to RIHL. Turns out they're not even offering AIP unless they know that my employer is not availing of any subsidy schemes, regardless of the fact that I myself am not personally on any subsidy or PUP scheme. I have to find out if my employer is availing of anything (which I'm pretty sure they are) before I can get AIP. Another eye watering blister in the application process.

Why does it need to be from BOI ?
You can just get from KBC and TSB , the online print outs will be fine if reapplying. We applied to KCC and because there was such a backlog when it came to our application we had to submit practically everything again , 1st time around I had the letters from TSB and EBS 2nd time around I just printed what both were willing to offer online and send them in it was fine.

pearsebhoy · 09-03-2021 7:50pm

Jafin wrote: »

Spoke to a mortgage manager from BOI today trying to get one of the AIPs I need for reapplying to RIHL. Turns out they're not even offering AIP unless they know that my employer is not availing of any subsidy schemes, regardless of the fact that I myself am not personally on any subsidy or PUP scheme. I have to find out if my employer is availing of anything (which I'm pretty sure they are) before I can get AIP. Another eye watering blister in the application process.

Typical tactics from the scumbag banking sector

Mbourke91 · 09-03-2021 8:06pm

Does anyone know what the process is? I sent in my application 2 weeks ago and the council have advised me that it has been sent to underwriters. Is there many steps after this? Does it usually take long with underwriters? Thanks

Rebuilding Ireland home loan

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