We're in the process of buying a house, we're sale agreed on the one we're buying and the one we're selling.
We have mortgage approval in principal from PTSB (and others) through a broker.
The problem is the new house (Receiver sale) wants the contracts signed NOW and has threatened to go to the next bid who are cash buyers.
My Dad has offered to lend us all the money to complete the sale.
My broker tells me he has gone back to PTSB and had our AIP amended to allow for this but I'm nervous!! We've to pay €60k on Monday.
Has anyone done anything like this or heard of this before?
We have mortgage approval in principal from PTSB (and others) through a broker.
The problem is the new house (Receiver sale) wants the contracts signed NOW and has threatened to go to the next bid who are cash buyers.
My Dad has offered to lend us all the money to complete the sale.
My broker tells me he has gone back to PTSB and had our AIP amended to allow for this but I'm nervous!! We've to pay €60k on Monday.
Has anyone done anything like this or heard of this before?