Hi All,
I am in the process of completing two mortgage switches, the first with BoI the second with KBC.
I have just received AIP from KBC, and there is 5 conditions listed, 4 of which are straightforward. I have a concern about 1 of them.
It states that my solicitor must give an undertaking to "redeem all amounts " under my current mortgage account - the specific AIB account number is listed.
Obviously when i go to drawdown the KBC mortgage, this account will have been closed and my mortgage will be with BOI.
Has anyone who has completed multiple switches had any issue with this?
any insight would be appreciated.
I am in the process of completing two mortgage switches, the first with BoI the second with KBC.
I have just received AIP from KBC, and there is 5 conditions listed, 4 of which are straightforward. I have a concern about 1 of them.
It states that my solicitor must give an undertaking to "redeem all amounts " under my current mortgage account - the specific AIB account number is listed.
Obviously when i go to drawdown the KBC mortgage, this account will have been closed and my mortgage will be with BOI.
Has anyone who has completed multiple switches had any issue with this?
any insight would be appreciated.