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Need higher mortgage loan

ojamesc · 2018-01-03 16:06:04

Hi. Just wondering if anyone has been in the same situation and could shed some light please. We sale agreed on a property in October and went back to bank with property details, few says later mortgage approved. Few weeks later still no sign of contracts from vendor long story short they pulled the sale. Forward on to now…

03-01-2018 5:06pm

#1

ojamesc

Registered Users Posts: 14 ✭

Join Date: January 2015

Posts: 7

Hi.
Just wondering if anyone has been in the same situation and could shed some light please.

We sale agreed on a property in October and went back to bank with property details, few says later mortgage approved.
Few weeks later still no sign of contracts from vendor long story short they pulled the sale.

Forward on to now we have just put a booking deposit on a new property of higher value but it's a new build and apply for htb scheme.
Because it's higher value we are looking for a higher mortgage amount (€19000 extra). But are only looking for the max stated in the orginal AIP.
This means we have to go through the mortgage application process again.
Nothing has changed in meantime we are still saving regularly and salary remains same etc.

I suppose I'm wondering if our mortgage was approved the first time and we are now only looking for the max stated in the AIP will it be approved again?

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