Advertisement
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

AIP letter expiry date?

Options
  • 07-07-2020 12:07pm
    #1
    frank730
    Registered Users Posts: 136 ✭✭


    Hi guys, first time getting mortgage here, I got my AIP letter from BOI and noticed there is no expiry date set, is this common or they have a "default" expiry policy after say 12mths? the letter did say whenever I am ready to drawdown I will need to provide most recent payslips and salary cert again.


Comments

  • Options
    #2
    guyfawkes5
    Registered Users Posts: 291 ✭✭guyfawkes5


    frank730 wrote: »
    Hi guys, first time getting mortgage here, I got my AIP letter from BOI and noticed there is no expiry date set, is this common or they have a "default" expiry policy after say 12mths? the letter did say whenever I am ready to drawdown I will need to provide most recent payslips and salary cert again.
    I got an AIP from BoI a few months ago and it didn't mention an expiry date explicitly, although I know it is 6 months for them.

    If you go over that time, they can resubmit again but would need new payslips and salary cert.


  • Options
    #3
    Corruptedmorals
    Registered Users Posts: 4,194 ✭✭✭Corruptedmorals


    Usually 6 months although AIB offer 12 months, ring them to double check. The letter of offer once you go sale agreed on a house is strictly 6 months with a maximum extension of 1 month.


Advertisement