If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Query about Mortgage to build a house

dympy · 2015-12-01 23:06:26

Just wondering if you're drawing down from the mortgage as you go along building and your circumstances change eg decrease in wages or pregnancy, can the bank stop the build or hold back the funds if the house isn't complete? Totally lost in the workings of all this at them moments.

02-12-2015 12:06am

#1

dympy

Registered Users Posts: 18 ✭

Join Date: July 2008

Posts: 12

Just wondering if you're drawing down from the mortgage as you go along building and your circumstances change eg decrease in wages or pregnancy, can the bank stop the build or hold back the funds if the house isn't complete? Totally lost in the workings of all this at them moments.

0