A
A.Simmons
Guest
Hello there,
I am in a situation where I have inherited my sisters house which I will be soon selling but have had to empty my savings to cover her funeral expenses etc. I recently approached the bank for a short term personal loan of 10 thousand euros as I have to get some remedial repairs done in order to put the house into a saleable condition. The house should easily fetch 400 thousand when sold. I must also point out that I own my own house which has no borrowings or mortgage on it.This house is worth 300 thousand. The trouble seems to be that because I am a pensioner at 72 years of age I have no earning power as such. Even though my branch have been very understanding to me it has now been almost 3 weeks since I applied and they have now referred it to their head office in Sandyford.I wonder why they have done this? I will be investing heavily when the house is sold so I thought it would be a straightforward desicion but so far this is not the case,should I try another bank or will it be just the same I wonder? Any help would be appreciated as the bank seem to be very evasive towards me and all I want is a straight answer.
I am in a situation where I have inherited my sisters house which I will be soon selling but have had to empty my savings to cover her funeral expenses etc. I recently approached the bank for a short term personal loan of 10 thousand euros as I have to get some remedial repairs done in order to put the house into a saleable condition. The house should easily fetch 400 thousand when sold. I must also point out that I own my own house which has no borrowings or mortgage on it.This house is worth 300 thousand. The trouble seems to be that because I am a pensioner at 72 years of age I have no earning power as such. Even though my branch have been very understanding to me it has now been almost 3 weeks since I applied and they have now referred it to their head office in Sandyford.I wonder why they have done this? I will be investing heavily when the house is sold so I thought it would be a straightforward desicion but so far this is not the case,should I try another bank or will it be just the same I wonder? Any help would be appreciated as the bank seem to be very evasive towards me and all I want is a straight answer.