B
bill.murphy
Guest
Hi all,
I just saw an house I want to put the sale agreed on as soon as possible. For this reason, I decided to ask my bank for a mortgage. I am a first time buyer and occupier.
I came in Ireland in 2007 and since then I always had a payslip in my account with AIB. I had a 6 months FTE, then a 1.5 years as consultant and I just joined now another company as FTE. But, I am in probationary period.
Now the bank said that they won't be able to proceed with the mortgage because I am in probationary period, even though:
- I have a 13k saving (between me and my wife) in our EU country of origin
- We never had loan / mortgage
- We have no debt at all
- We can cover the full 8% of the mortgage with our saving in AIB
My wife has no job for now, she is still searching.
The mortgage I am asking for is 92% of around 250k for a semi-detached.
What do you think? Is it the standard situation in all the banks?
I just saw an house I want to put the sale agreed on as soon as possible. For this reason, I decided to ask my bank for a mortgage. I am a first time buyer and occupier.
I came in Ireland in 2007 and since then I always had a payslip in my account with AIB. I had a 6 months FTE, then a 1.5 years as consultant and I just joined now another company as FTE. But, I am in probationary period.
Now the bank said that they won't be able to proceed with the mortgage because I am in probationary period, even though:
- I have a 13k saving (between me and my wife) in our EU country of origin
- We never had loan / mortgage
- We have no debt at all
- We can cover the full 8% of the mortgage with our saving in AIB
My wife has no job for now, she is still searching.
The mortgage I am asking for is 92% of around 250k for a semi-detached.
What do you think? Is it the standard situation in all the banks?