Ulster Bank is particularly slow and inefficient.
Why not apply to AIB as they are the cheapest?
Brendan
We just got AIP from BOI. We went to them first as they have some bank accounts & it was easy & we have a querk that means we couldnt calculate ourselves what a bank was likely to lend, tho we are going to investigate AIB etc as rates are better than BOI. The guy from BOI called to the house in the evening & went through everything, nice guy who knew his stuff, we gave him our applications and a week later he called us to advise we had AIP & a day later the confirmation came in the post.
Easy, quick & painless, now if only they would reduce their rates.......
The bank doesn't care I'm afraid.We went with UB as we've both banked with them for many years, and thought that this would make the process easier.
See all that being up to date and good history/mtg no more than rent etc will be neither here nor there if the stress tested payments on the loan you are looking for combined with your short debt repayments falls outside their percentage of monthly income that can go on loans. Did they check that in branch when you were applying?
UB Mortgage processing and I assume their application process is now done in Edinburgh and a lot of their back office processing is now being done in India. Discretion and common sense goes out the window when that happens
Yes, they did that - came up green on the four different measure that they apparently test against.
They clearly didn't do that bit right in the branch so! Your short term car loans was the first thing I noticed from your info as most likely to cause you problems.
Sorry you were unsuccessful but it's all about the numbers fitting the computer these days. Can you clear any of the short term debt from your savings and still have enough left for deposit?
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