Search results

  1. Q

    Bank asking me to liquidate my shares before issuing loan offer

    If you can evidence that you have the balance of funds to complete the purchase and associated costs without encashing the shares it should not be an issue - perhaps at the time of initial assessment this was not the case...?
  2. Q

    Aib Authenticator App

    Do you receive the notification that it is seeking approval to authorise the payment? I find if I tap on the notification it brings me straight to approval screen within the app(once login completed) , makes it run smoother for me anyway...
  3. Q

    On 30k, single, how does one buy a house?

    One point you might want to investigate further - if you have health issues you may have difficulty getting the requisite Life Cover/mortgage protection policy in place, if you do the cost may be prohibitive - this may affect your chances of getting a mortgage. Re purchasing with friends -...
  4. Q

    Limit on Visa Debit Card - Flights more than limit

    You could put your Credit Card into a credit balance, for example if you lodged €300 into your credit card account(with limit of €1500) you would then be able to spend €1800...
  5. Q

    AIB cut my LTV rate when I told them I was moving to KBC

    Hi Brendan, AIB recently switched me from >80% LTV rate to >50% LTV rate, I advised I had been offered a better rate from KBC, they re-assessed my LTV themselves(without formal vlauation) and advised they would move me to the lower rate as they now believed my LTV was closer 64%... So they...
  6. Q

    Switching Mortgage Advice and house valuation?

    **I should add that I am aware of the lower Fixed Rates available @ 3.8% but may be selling in the short/medium term....
  7. Q

    Switching Mortgage Advice and house valuation?

    I recently emailed AIB and advised that KBC were willing to offer me a lower rate, and that I was intent on moving if they could not offer a more competitive rate..., I purchased in 2012 and was on the >80% LTV rate, they responded and estimated my LTV was now 64% and would move me to the <80%...
  8. Q

    What happens when NCT expiry is >1 year?

    FYI - I put a car thorugh NCT in November 14, Car is over 10 years old (2003) and NCT had expired in January '13. Successfully passed NCT 22/11/14 - and was shocked when I was given an NCT Certificate up to Jan 2016!! Not sure if it was a mistake, obviously I said nothing and promptly...
  9. Q

    has anyone used this firm: "Mortgage Negotiators", to communicate with a bank

    KBC's Residential Invest Variable rate seems to be 4.9% ? You should not be paying 6%, to be honest I think it unlikely they will re-negotiate on rate, it is not your PDH so the only other class it can fall into is an Investment property..
  10. Q

    change mortgage from joint to single name

    What you are looking for is called a Transfer of Equity (whether there is equity or not) The lender will essentially usually assess' your request based on their current new business lending criteria. i.e you need to qualify for the full amount in your own right. The fact that you have...
  11. Q

    Do you get TRS on missed payments?

    In relation to the TRS, you should still be entitled to tax relief as it is still being charged to the mortgage account monthly, whether being paid or not. Certainly I know of at least one lender that passes on the TRS whether DD paid or not. Even if Mortgage is on a Moratorium they continue...
  12. Q

    Missing Mortgage payment

    Have you tried discussing with your lender? Why do you think you would be declined an interest only period? In the current climate if you only show affordability for Interest Only / Interest part capital repayments, generally the lender will work with you on this. They do not want you in...
  13. Q

    Is this really the best offer of help???

    Hi JM13, Could you confirm the balance outstanding and the fixed rate you are paying? If they have offered you an interest only repayment, it seems you are paying very little capital at present.. Also, have you much shortterm/unsecured debt? Has this been restructured, or is it just your...
  14. Q

    Meeting with mortgage provider, arrears. Looking for some tips please.

    They are probably refusing to capitalize the arrears until you can prove that at least the interest payments can and will be made. They will want to see that the mortgage is being prioritised and that just means that you have made the necessary lifestyle cuts in expenditure, and that unsecured...
  15. Q

    Bank taking money from a non-related account

    Hi Thirsty, Have you seen this letter? Is there any chance that Mary Mis-read the letter? I would not have thought that this would have been in any way possible!
  16. Q

    mortage interest cut

    Meant to say you should see about a €50 decrease per month
  17. Q

    mortage interest cut

    I would suggest that the rate decrease will not kick in until your December repayment, the ECB rate decrease announcement was only about 3 weeks ago. Give them a call and ask ?
  18. Q

    Restart paying the mortgage, what now?

    Hi Topaz2 I would expect that you would need to fill in the standard financial statement for them to look at capitalisation. For any restructure, they need to be able to evidence that you can maintain payments going forward, and that capitalisation is in your best interests and not likely to...
  19. Q

    Credit Bureau check by Credit Union- Credit card balance

    ICB checks DO show current balance (balance at last payment date)
  20. Q

    Can't use credit card to pay mortgage - is this correct ?

    As far as I know, Visa do not allow payments for credit facilities on their cards, be it a Visa Credit/Debit Card. Ulster Bank were using some loophole over the past few months, but got found out. I am open to correction butn none of the Banks can accept a Visa Card for loan repayments of any...
Back
Top