Ah man itās handy money for the most part. A grand to act as a facilitator basically. Youāve to do all the work yourself. They request a few forms off the internet and thatās it. Iām sure when itās complicated itās not fun, but for a house in the city thatās been sold already itās money for jam. I have to say our solicitor was spot on and we got it closed in six weeks. But that was me chasing everything constantly. The auctioneer, the solicitor and the bank. It was a second property for them and we were first time buyers with mortgage approved etc. So everyone wanted it closed ASAP. The house had been sold already which makes it easier, in terms of deeds etc were all properly done, and still it was six weeks of torture. We had to be out of the rental and only for that weād have been 3 months, for no reason, only laziness on everyoneās part
It isnāt really nowadays. they are cleaning up so much shit and poor practise from the past 20 years
Itās not laziness. Professional service providers are busy people as you well know.
Are there legal fees when getting a mortgage top-up? Wondering if switching is worth the hassle.
I wonder could Avant shake up the mortgage marketā¦
A mortgage for under 2%.I like the sound of that
House prices seem to be stiffening at the moment, canāt see any value currently regardless of Covid19.
Mortgage applications never been higher Iām told.
Article says otherwise
Not in my area.
Good to see Dublin prices dropping, needed to happen.
@Bandage Im looking to buy early next year. What multiple of salary should I expect? Iām being told that thereās a reasonable chance of getting a factor of 4 early in the year.
Where you looking to buy? Fingal I assume
if you need assistance on bike routes or your nearest jump boots shop im your man
Duly noted, pal.
Donāt be trying to borrow as much as theyāll let you mate. Borrow as much as you can comfortably afford. Especially since we are heading into an economic shit storm
Between rent and savings my outgoings are comfortably more than what a x4 mortgage repayment would be and Iām comfortable enough now. But youāre right on the shitstorm though.
I remember in ohh 13 I went into AIB for a mortgage and was offered X3 times what I wanted,despite telling them exactly what I wanted.Theyāre like drug dealers the cunts.
Wait and see sure. They might make you a nice offer to move. Itās their problem really not yours. Iād imagine theyāll sell the book to someone
Itās just dawned on me that I have a mortgage with Ulster Bank. Let me think about this and get back to you by Friday at noon.
@Tim_Riggins, @briantinnion, @glasagusban, @TreatyStones, @TheUlteriorMotive - if one has a mortgage with Ulster Bank, should one be looking to move to a different provider given the mooted closure of the Bank?
Definitely not.
Hold tough. Thereās always a chance that some crowd might buy the book at a discount. Then look to sell the mortgage back to the owner for less than the value to make a quick profit.
Similar to what the likes of Pepper etc did after the crash.