Has anyone experienced this before a friend got approval from BOI to sale and buy again. They have come back a week later asking for proof she has been living in house the last 5 years with utility bills and if it was rented tax clearance and Nppr payments. She did rent it out for 16 months a few years ago while traveling and didn't pay appropriate charges.
Ulster bank last year, for the first time, asked me for the following, remember now I'm 10 years in on the mortgage/property loan:
This requirement is now an annual one I believe and it will be requested whether you are complying with your loan or not. I thought it was funny really that they were looking for this stuff at this stage when they never looked for it when they were shovelling the money out to me.
- assets/Liabilities including rent roll
- Income details for both of you (P60 or up to date financials if you are self employed)
- Confirmation of tax affairs.
An email from me outlining the situation was acceptable. Later due to this I got into fixing my loan, at lower than the prevailling rate and then they asked me for payslips and rental tax compliance (tax assessement from revenue was ok with them) etc which really is riduculous considering I was fixing at a lower monthly amount. I was not asked for proof of NPPR etc.
Ulster bank last year, for the first time, asked me for the following, remember now I'm 10 years in on the mortgage/property loan:
This requirement is now an annual one I believe and it will be requested whether you are complying with your loan or not. I thought it was funny really that they were looking for this stuff at this stage when they never looked for it when they were shovelling the money out to me.
- assets/Liabilities including rent roll
- Income details for both of you (P60 or up to date financials if you are self employed)
- Confirmation of tax affairs.
An email from me outlining the situation was acceptable. Later due to this I got into fixing my loan, at lower than the prevailling rate and then they asked me for payslips and rental tax compliance (tax assessement from revenue was ok with them) etc which really is riduculous considering I was fixing at a lower monthly amount. I was not asked for proof of NPPR etc.
Bronte. I refused to do so based on a number of grounds including there was no condition for this written into my loan offers. They did not pursue me for either the fictional or non-fiction accounts since.
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