Bubbly Scot
Registered User
- Messages
- 493
Just when we thought we were ready to go the bank have thrown a spanner in the works. We were asked to have a structural survey done which we then submitted to the bank. There was no structural concerns as such but there was rising damp. Also, since it's over a hundred years old, some things (window and door heights) do not meet current building regulations. I should get a decision today but I've been told by my mortgage guy that he doesn't think it will be approved.
So now it looks like we're back at the start again, looking for a new house. I considered looking for another mortgage but finding another house might well be easier.
The question tho is, can/would the bank refuse to mortgage because of a house not meeting current building regulations? Surely there are many houses in Ireland that don't...are they ALL unmortgageable?
So now it looks like we're back at the start again, looking for a new house. I considered looking for another mortgage but finding another house might well be easier.
The question tho is, can/would the bank refuse to mortgage because of a house not meeting current building regulations? Surely there are many houses in Ireland that don't...are they ALL unmortgageable?