ANCHOR MAN
Registered User
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- 15
I'm pretty sure KBC will send you the 3k anyway whatever figure the legal fees come in at, similar to when AIB was giving 2k to switchers.
Yes this is true. I switched from PTSB to KBC last year. They gave the €3000 without looking for anything else but drawing down.I'm pretty sure KBC will send you the 3k anyway whatever figure the legal fees come in at, similar to when AIB was giving 2k to switchers.
If say BOI seen that i had just moved to PTSB and was now looking to switch to them and get the 2% they are within their rights to just refuse me even though i meet all the terms for a mortgage.
They will not see i have taken out a new mortgage with PTSB. That is why its important to apply at the exact same time to all 3 /4 Banks. They will see your current mortgage being paid to Bank A, as far as they are concerned you are switching to them. You wait to get all your final mortgage offers in place. Remember they last for 6 months. The bank doesn't do an up to date credit check on you if you ask for the money 3 months later. You simply ask your solicitor to draw down the money. The offer is there on the table just waiting to be drawn down.And why wouldn't they see you just taken out a mortgage with PTSB when they do a credit check on you?
The bank doesn't do an up to date credit check on you if you ask for the money 3 months later.
Yes appartently they just do give you the 3k, i wasn't aware of this but others have confirmed that yes they just give you 3k.Why bill KBC for legal fees? They give 3k flat fee no?
id make the same argument against using a broker for an initial mortgage application, for most people they dont add any value but people still engage them
ive switched 3 times myself i dont know why people are reluctant to do it, but they are.
Blackrock1 has also switched 3 times but i don't think he had all the offers lined up first. I honestly feel its possible to switch 3 times in 3 weeks if you have a good solicitor.
Blackrock1 are you saying that they didn't insist on being with previous lender for 6/12 months. Even if they didn't ask you i might have thought that the underwriters or someone might notice that you had switched recently and refused you the mortgage. If this is the case i might reapply to PTSB for the craic and see what they say.
Given that the banks don't pay the cashback for around a month or so on avarage I don't see how you could do 3 switches in 3 weeks, I think doing it in 2-3 months is more realistic