Hi All,
Quick summary: got approved in principle a few months ago. Then all of the sudden, we saw an apartment we liked and went for it. Booking deposit payed and everything.
Sent all the documents (this is our own bank) and the decision was to denied it. Reason: a foreign account I provided as savings. They say they see regular usage on the account so the concern is the capacity for repayments.
On the other side, I've been paying a similar value as what planned for the mortgage on rent the last 18 months. + Car loan. I know the usage of the other account is accessory and after the main expenses (rent, car loan) are all taken care of.
Looking back, I regret ever mentioning that savings account, as to me it won't matter for this.
What would you suggest? My idea is to check with other lenders AIB, Permanent TSB or even with a broker with just my local saving and current accounts. Deposit is not an issue and I can go with more than 20%.
Any other idea would be more than welcome. Thank you in advance!
Quick summary: got approved in principle a few months ago. Then all of the sudden, we saw an apartment we liked and went for it. Booking deposit payed and everything.
Sent all the documents (this is our own bank) and the decision was to denied it. Reason: a foreign account I provided as savings. They say they see regular usage on the account so the concern is the capacity for repayments.
On the other side, I've been paying a similar value as what planned for the mortgage on rent the last 18 months. + Car loan. I know the usage of the other account is accessory and after the main expenses (rent, car loan) are all taken care of.
Looking back, I regret ever mentioning that savings account, as to me it won't matter for this.
What would you suggest? My idea is to check with other lenders AIB, Permanent TSB or even with a broker with just my local saving and current accounts. Deposit is not an issue and I can go with more than 20%.
Any other idea would be more than welcome. Thank you in advance!