Greenman408
Registered User
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- 2
Hi Brendan, All,
The girlfriend and I have sanction in principle for 6 months from AIB. The period began before Christmas so the new Central Bank rules don’t apply.
If we are sale agreed on a house but haven’t fully bought/drawn down the mortgage before the 6 month period ends in June, are we then affected by the new CB regulations?
No negatively equity, permanent jobs, no loans etc. so we might be regarded as financially clean.
What is likely to happen?
I’ve contacted the bank several times but they were vague and rang to explain rather than put anything in writing. It might be due to initial confusion on their part rather than anything else.
Thanks for your help.
Regards,
Greeny
The girlfriend and I have sanction in principle for 6 months from AIB. The period began before Christmas so the new Central Bank rules don’t apply.
If we are sale agreed on a house but haven’t fully bought/drawn down the mortgage before the 6 month period ends in June, are we then affected by the new CB regulations?
No negatively equity, permanent jobs, no loans etc. so we might be regarded as financially clean.
What is likely to happen?
I’ve contacted the bank several times but they were vague and rang to explain rather than put anything in writing. It might be due to initial confusion on their part rather than anything else.
Thanks for your help.
Regards,
Greeny