Search results

Hi, I'm in desperate need of help in dealing with County council (RAS scheme). Tenants moved to UK in December. My 4 year contract ended in sept but there was a monthly unsigned 'contract' in place until both sides signed new 4 year contract. Tenants never signed new contract because they gave...

If you buy a new build (depending on site value and sq ft) you are except from stamp duty. we are trading up, buying new build for 239K 1625 sq ft and we don't have to pay stamp duty.

I am currently applying for a second mortgage aswell and have just received my loan offer from a lender (EBS direct). I am currently on 3 months unpaid maternity and have taken a 3 month payment holiday with my lender. It did not effect my credit rating. Although banks prefer to see a 'clean...

I also have 'approval in principal' recently. I must admit i got very excited thinking if you got to approval in principal you were over the hardest hurdle as 2 of my freiends recently didn't even make it to approval in principal. They were turned down flat by brokers who wouldn't even entertain...

Hi I am currently in the process of getting a second mortgage. i am going to rent out my current home and buy a new one. I have approval in principal with one lender which a few conditions one being: They have queried my LTV on my current property. LTV must be 90%. I owe €149,700 on current...

So i assume you will be renting out your present house and wish to buy another house?? I stand open to correction here but as far as i know some of the banks won't take rental income into account when calculating your repayment capacity so they will take it that you have two mortgages. Edit to...

Is it that they won't give you a mortgage at all classychick or just not for the amount you want?

MrMan: Maybe i wasn't clear it was 2 viewing over 6 weeks. I think thats pretty miserable to be honest..but maybe i am being unrealistic?? When i queried him on poor viewings he didn't have much to say for himself or offered an alternative. He knew how much i was willing to take under the asking...

Hi I put my house on the market with an E.A. I paid advertising costs up front. This EA has a couple of houses on my estate for sale. I only had two viewings over a few weeks so decided to seek advice from an other EA. Other EA suggested i take 10k off my own house and use him instead. I...

I got a gift from my parents 6 years ago for part deposit also. (approx €12,000)The letter written was similar to above posters. The bank PTSB also requested proof that the money has been lodged to my account. So when my parents lodged the money into my account i had to produce a mini statement...

I agree fizzelina..every case seems to be looked at differently depending on a number of circumstances: whether applicants are working in public/private sector, other loans, record of savings ect. I don't think there would be any harm in jimmyd's friends sitting down with their bank and...

Not true Re: 2.5 times the total earnings from my experience. We have combined salary of approx 70K gross and we can get between €250-€266K mortgage from 2 banks we have approached so far.

PCOPC Yes you are right..You can only claim mortgage interest relief (TRS)on your sole or main residence.

there is a good mortgage affordability calculator on the EBS website so it might give you an idea what you can afford as a single applicant. honestly don't think they will give you €250K based on 42K earnings. At the moment with our Joint income of €70K i can get mortgage €266K. I know how you...

Thanks to all who responded for much needed advice. Plendoza: I agree i think i am just running away with myself at the moment. i need to calm down and take a breather. i guess i am so anxious to move i can't think clearly. Robin Banks: similar houses on the estate are being marketed at...

Hi all Im new to this forum but find it extremly useful for genuine honest opinions so would really appreciate any thoughts feedback you could give me on this one. I would dearly love to trade up as soon as possible. just had baby and longing to move out the country. My finiacial situation at...