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Rebuilding Ireland Home Loan

  • 08-05-2019 9:28pm
    #1
    Dob6487
    Registered Users Posts: 8 ✭


    Hi there, I'm wondering if anyone applied for the rebuilding Ireland home loan. I'm in the process of putting in an application. I have a question regarding proof of rent. I am renting for the last 9 months but was paying rent in cash until a few weeks ago. Is there anything I can do or will it be a problem when submitting the application?


Comments

  • #2
    swalsh86
    Registered Users Posts: 17 ✭swalsh86


    Hi guys we pulled out of buying the house we went sale agreed on as the engineer report showed up alot of problems. We are now thinking about a buying a newly built house. Does anybody know the procedure in terms of what's required reports wise if it's a new build like engineers reports etc. House won't be fully completed until August.


  • #3
    Helpmerhonda
    Registered Users Posts: 1 ✭Helpmerhonda


    Has anyone actually been approved for this loan from Galway City council. I'm trying to buy my council house but because of the claw back clause from the councilno bank will entertain me so this is my only option.


  • #4
    Suebermo82
    Registered Users Posts: 6 ✭Suebermo82


    Hi, I know this thread was a while ago, but I am looking for anyone who made an application for SDCC through the Rebuilding Ireland Scheme. I am a single applicant and although they approved my loan, I am having great difficulty getting the Insurance they require. I did not qualify for their scheme and was asked to source my own. They are asking for both Mortgage Protection Insurance and Income Protection Insurance. I am only getting approved on one and the council are adamant they won’t proceed without both in place.
    I am now sale agreed on a property and it looks like I will have to let it go as I cannot get both. I am just wondering as every I say it too seems to think that it is excessive for them to require both. Was everyone asked for both or is it simply as I am a single applicant?


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