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
Hi all! We have been experiencing an issue on site where threads have been missing the latest postings. The platform host Vanilla are working on this issue. A workaround that has been used by some is to navigate back from 1 to 10+ pages to re-sync the thread and this will then show the latest posts. Thanks, Mike.
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Mortgage + Trust in children's name

  • 30-07-2024 4:54pm
    #1
    antodeco
    Registered Users, Subscribers, Registered Users 2 Posts: 13,591 ✭✭✭✭


    Hi all,

    Trying to switch mortgage at the moment om a property already owned.

    Value of house €350k. Mortgage required of €75k. 30% of house is in trust of children's name.

    Mortgage provider querying security of their interest in the property due to the trust of 30%. Anyone experience this before and if so what was needed/required to give to the bank to satisfy?

    Thanks

    Post edited by antodeco on


Comments

  • #2
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,760 Mod ✭✭✭✭Henry Ford III


    I'd advise you to get legal advice on this.

    Lender might not be keen on this due to a potential issue relating to clear title.



Advertisement