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Prize Bonds proof etc

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  • 30-01-2018 7:56pm
    #1
    polydactyl
    Registered Users Posts: 853 ✭✭✭


    Met with three banks all seemed v positive re mortgage, roughly same amts and positive on possibility of 10% second time buyer deposit.

    However part of that deposit may or may not include some prize bonds. When submitting paper work for AIP how do I show proof of prize bonds etc.....


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    #2
    myshirt
    Registered Users Posts: 5,245 ✭✭✭myshirt


    polydactyl wrote: »
    Met with three banks all seemed v positive re mortgage, roughly same amts and positive on possibility of 10% second time buyer deposit.

    However part of that deposit may or may not include some prize bonds. When submitting paper work for AIP how do I show proof of prize bonds etc.....


    You can get a statement of account can't you, no?

    Looking to put a lump sum into prize bonds myself, so would be interested.


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    #3
    Scraggs
    Registered Users Posts: 5,578 ✭✭✭Scraggs


    There's a form on the Prize Bond website, send it off with required documents and they'll send you a statement.


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    #4
    famagusta
    Registered Users Posts: 604 ✭✭✭famagusta


    Scraggs wrote:
    There's a form on the Prize Bond website, send it off with required documents and they'll send you a statement.


    Spot on, I had to do it a month ago, takes a couple of weeks to arrive though


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    #5
    98-00
    Registered Users Posts: 186 ✭✭98-00


    I didn't realise the bonds could be used in that way, I thought you would have to case them in.
    Can they be directly traded for other things?


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    #6
    famagusta
    Registered Users Posts: 604 ✭✭✭famagusta


    98-00 wrote:
    I didn't realise the bonds could be used in that way, I thought you would have to case them in. Can they be directly traded for other things?


    It's just a statement of your 'holdings'


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    #7
    polydactyl
    Registered Users Posts: 853 ✭✭✭polydactyl


    Thanks lads, as usual have never looked at them after buying them so didn't know about that statement of acc! Much obliged!


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    #8
    L1011
    Registered Users Posts: 68,820 ✭✭✭✭L1011


    98-00 wrote: »
    I didn't realise the bonds could be used in that way, I thought you would have to case them in.
    Can they be directly traded for other things?

    You will have to cash them in - but there's no need to do so until needed. May as well leave them where they are for the chance of a payout.


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