Hi Brendan thanks so much again for all your hard work. We are in the process of remortgaging and have approval in principal they are ready to issue the loan offer but will not issue it until i am back in work and provide them with a payslip.. our exsisting Mortgage was 150000 and it is now at 101000, we are remortgaging for 185000. E100000 to redeem exsisting mortgage and 85000e for renovations I am just wondering do u think they will still offer 185000 even if our exsisting mortgage is reduced.. sorry if this is confusing! Again thanks so much for your help dedication and perseverance with this.
AIB Remortgaging for renovations - will I be affected?
- Thread starter Olive7
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Brendan Burgess
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I am not sure that I understand your question. Is this right?
You need €85k for renovations. You will still need €85k for renovations after this. You will be getting around €6k cash so you need to borrow only €79k.
The only issue is that your mortgage will be €24k lower?
You need €85k for renovations. You will still need €85k for renovations after this. You will be getting around €6k cash so you need to borrow only €79k.
The only issue is that your mortgage will be €24k lower?
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Thats great thanks for your explanation..that will be a great help...we will probably use the 6000e towards decorating im sure that can use the 6000e how we want
We can honestly not thank you so much for all your work with this you have been brilliant and its a great result.