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  1. S

    Selling property with arrears owing

    I am not sure what you mean I do intend to pay the arrears sellornot
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    Selling property with arrears owing

    We have decided to sell our house. Auctioneers value the house at €290K. amount owed on mortgage €250K including arrears of €85K There will be auctioneers & solicitors fees to pay Will I need to inform the bank of the pending sale? I should say solicitors have been instructed to discharge the...
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    High Court rejects KBC's counter proposal to warehouse part of a mortgage as part of PIA

    I welcome this ruling it's time the courts stand up to the banks and try to keep people in their homes The IrishTimes article went on to say: The court ruling means it could prove more difficult for banks to exclude some mortgage debt from write-offs within the normal five-year term of a...
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    DIY legal separation (updated)

    The point is when you go for a legal separation and agree terms, and further down the road you go for a divorce one or other of the parties might not agree terms, your separation agreement is not worth the paper its written on ????? Sellornot
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    DIY legal separation (updated)

    I have heard this said many times, So why would a solicitor go to the bother in writing up an agreement if it does not stand up in a court of law, and should both solicitor not make sure it is backed up by court orders? Sellornot
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    Can't pay mortgage while selling house - how best to deal with Pepper?

    By not paying your mortgage, the payments you should have paid will be just be added on as arrears, but if you haven't the money to pay you can't pay. if your happy to mess up your credit rating don't pay. But as i see it you went on to purchase another house with a mortgage outstanding on your...
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    Considering a mortgage with BOI

    Don't do it with BOI
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    Is arrears on a mortgage interest only

    The balance is €250K so that what I owe sellornot
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    Is arrears on a mortgage interest only

    I need time to sell property and get my funds together
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    Is arrears on a mortgage interest only

    I think there is 8 years left on the mortgage. not sure if that makes any difference I thought the monthly payments remain the same, but would change if the interest rate changes So if I pay the €1,245 every thing remains the same is that correct? If I paid the arrears of €85k what happens to...
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    Is arrears on a mortgage interest only

    I did a full post on this, I just can't find the post now I am thinking selling another property to pay the bank to dissolve a partnership I offered the bank what was borrowed, but they have asked both borrowers to submit a financial statement, It looks like I may have to offer the full...
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    Is arrears on a mortgage interest only

    These may sound like stupid questions 1. Is the arrears on a mortgage made up of interest only? I am thinking of paying interest only for the moment. outstanding balance including arrears = 250k. Arrears = 85k. Monthly payments = €1245.63 Interest rate = 4.49% Interest is approx €1,000...
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    Key Post How to negotiate with banks on your mortgage arrears

    These may sound like stupid questions 1. Is the arrears on a mortgage made up of interest only? I am thinking of paying interest only for the moment. outstanding balance including arrears = 250k. Arrears = 85k. Monthly payments = €1245.63 Interest rate = 4.49% Interest is approx €1,000 per...
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    Key Post How to negotiate with banks on your mortgage arrears

    Why can't they restructure the mortgage? The bank's can do anything they want
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    Key Post How to negotiate with banks on your mortgage arrears

    is it usual for a bank to ask for 12 months bank statements
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    Key Post How to negotiate with banks on your mortgage arrears

    If I were to ask the bank for interest only or a reduction in the interest rate would they ask for a financial statement ?
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    Mortgage in arrears and negative equity, but 69 year old joint borrower

    It looks like that, maybe that's why the statements and certificate of interest are issued in the younger mortgage account holders name only .
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    Mortgage in arrears and negative equity, but 69 year old joint borrower

    All will be reveled when/If the deal is done actually I will be 77 years of age in 8 years time when the mortgage should be fully paid. Have I got a leg to stand on? or should I complain? should I look for compensation? would I get it? I can see the headlines Bank of Ireland Gave a mortgage...
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    Mortgage in arrears and negative equity, but 69 year old joint borrower

    It's a long story and I don't really want to get into the personal stuff, the bottom line is I think we are getting close to a deal If you read the post from the start you should get a good picture of most of the details I have got a lot of good advice on this forum, some hard hitting but it...
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