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Negative Equity and the new LTV rules

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  • Registered Users Posts: 9,368 ✭✭✭The_Morrigan


    dizzy23 wrote: »
    well my 21 day reply still hasnt been recieved !! have been told its in the post and it positive but to what that means I do not know!! probably tellin us we can sell our house pay them back qnd become homeless so fed up of banks. as above iv heard aib r talking about this and iv taken advice and been told that they can't that its one of the things the central bank has brought in . good luck to you and keep us posted

    Mod Note

    We don't allow 'txt spk' here can you please be mindful of how you type out a post and try to use the correct spellings of words.
    If people can't read and understand your post they can't respond in a meaningful manner.

    Thanks


  • Registered Users Posts: 16 dizzy23


    sorry !!


  • Registered Users Posts: 16 dizzy23


    just an update from my last post I haven't received official correspondence but I have been told that my marps application has been approved and that the negative equity is to be paid off over a seven year period. so fingers crossed il receive this in writing very soon.


  • Registered Users Posts: 1,014 ✭✭✭castle2012


    Just got our mortgage approved. Its been a long road . Next step solicitors. I'll keep you all posted when it go's through


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