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Mortgage query - Regular savings

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  • 02-05-2018 4:39pm
    #1
    MartyMcFly84
    Registered Users Posts: 1,326 ✭✭✭


    Hi , 

    I previously had a long stretch of uninterrupted regular savings. However recently I took out a relatively small portion from my regular savings account.  

    Does this reset the 6 month requirement of regular savings required to apply for a mortgage or will my previous year of uninterrupted savings be taken into account? i.e If I took out funds in Feb will I need to save for 6 months from Feb or will my prior year of savings be considered?

    My rent payment have also remained the same. 

    thanks, 

    Mark 


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  • Options
    #2
    Bank of Ireland: Kareana
    Closed Accounts Posts: 453 ✭✭Bank of Ireland: Kareana


    Hi MartyMcFly84,

    Thanks for your post here on Boards.

    Our mortgage specialist would usually request for you to show between 6 and 12 months continuous savings. 

    I would advise that you have a quick chat with one of our mortgage advisors to discuss this any further on 1890 365 345.

    Thanks,

    Kareana


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