Currently buying/selling a house? How is it going? READ MOD NOTE POST #1

Is a survey a requirement . I got word my buyer was to sign contracts yesterday and was doing so without a survey. Previous perspective buyer had a survey and nothing found so expecting no issues anyway.

however I have heard nothing yet how long from them signing to me having to do my sign over

Bank doesn’t require a survey. They don’t see the report

They require a valuation but that’s separate

I think one should be done but it’s definitely not a requirement for a mortgage

A survey isn't required, but it's generally highly recommended, since any issues with the house become the buyer's problem once the sale is done ("buyer beware" is the expectation, so they won't have any recourse if the house is later found to have problems).

Separate to a survey, if they are getting a mortgage the bank will insist upon a valuation report, which basically just checks out that the house is actually worth what they're lending for it, and that if the borrower defaults then they'll be able to clear the debt. This is usually a lot less in-depth than a full survey, and will look at how much neighbouring property has been going for as well, since that will indicate how easy it would be to sell. If the buyer is paying for it in full they won't have this though.

second this I have Haemochromatosis and they were great, was able to get insurance from the back without a loading in the end as I had letters from consultant and nurse to say all was OK and I was responding to treatment,

From what I've seen on the FTB Facebook groups, yes. They really seem to fight for their clients.

Unfortunately it seems like Lion also cannot do much to help with this 😔 I've spoken to them and they've said that they can't do anything for the four insurers we've already applied with, and that the fifth one they deal with (New Ireland) tend to be even stricter than those others. Worth a try anyway though.

I see the insurers they check are " life insurance cover from Aviva, Irish Life, New Ireland, Royal London or Zurich Life". We got recommended trying laya life and got cover after Irish Life took ages reviewing.

It's the cost to rebuild from scratch. You need it to apply for home insurance. The bank will need to see this value on your policy schedule before they will let you drawdown.

Are you on probation or full time? If it's probation you're out of luck unfortunately.

The lender (in general it seems) needs to see your three most recent payslips, a salary cert from your employer and 6 months worth of bank statements from every account you have (including the likes of revolut etc.) all this aswell as your ability to repay a mortgage in those 6 months (savings/proof of rent)

While it's not a barrier to approval, bank generally won't let you drawdown while on probation. You may be able to get an excerption depending on your field.

It depends on the bank. Bank of Ireland issued our approval in principle without my husbands payslips but had a condition that they would need to see them prior to issuing offer letter. He had just changed jobs.

Did you manage to get cover from Laya? Taking a look at their form, they seem to be a bit different in how it works, but are still asking the same general health questions as the others, which leads me to think they could just end up denying the same as the rest.

A couple who are good friends of mine have asked me to go to viewings with them because i saved them a fortune on hidden costs after buying on a house they were lookign at a couple of weeks ago.

Ive gone to 3 viewings with them last week. Really enjoyinh it thoug. But the smugness of the EAs is very annoying. Also the lies out of them.

In 2 of the houses I asked about the broadband. One said oh there is fiber on the road. I put the eircode into the checker and nothing. Offering only 4G.

EA pretends then they dont know what im talking about.

In the other one she said "oh the broadband is fantastic here. Its 4bits." I said is there any chance it will be upgraded to 6 bits soon and she says "I heard they were doing that next year". Put in the address and no fixed line BB there either.

This couple both want to work from home.

I asked could I connect to the router to check the speed and have always been refused.

And thats not even going into the building issues. Like one saying the house has been dry lined and the attic insulated. I check the walls and they are block.

I guess i shouldnt be surprised.

I looked at one a couple of years ago and all the broadband details were left bedide the router.

They had set up a guest account and all you did was connect with your phone and do a speed test.

They had also left details of the packages available , who they were available with and the cost.

I dont think people understand how important fast broadband is already and it will become even more so.

I gave them a try but unfortunately they also gave a swift refusal of cover for the same condition :/ It's so strange, because the condition itself is not fatal or debilitating in any way, and is easy to manage. The advisor from Lion said that when you have something that is on the rarer side, insurers spook more easily though, and don't feel comfortable insuring against it, and this one occurs in less than 1% of the population.