Building new house; Q re Mortgage drawdowns

[Sprinkpark10]

Hey,

I am new to this, so hope I am doing this correctly.

Can anyone help me?
My husband & I are building a house in the country, we are currently leaving in Dublin & own a house here too.

We have our mortgage approved; & offer letter received for our new build.

So the problem is;

We hope to move to the country in the next year & there is a good redundancy package on the table for me, so it would suit to take it & move. My husband has a job in the public sector so he is safe.

The mortgage approval was based on both salaries.

So the question is will the banks check our status for the first and every draw down, even though we have full approval?

& if I am unemployed can they withdraw the mortgage, even though we will have the redundancy money to pay the mortgage for a few years.

 

[lionstour]

As far as I am aware they will not check every time only the first time you get the approval. Are you moving jobs when you are going ot the new house?