im sorry if this has been done a million times before but me and my partner are hoping to get onto the property ladder very soon (personal circumstances are changing in a month making our borrowing power much stronger) so I'm doing some research while it comes to that time. I want us to be as prepared as possible.
I'm in contact with a mortgage broker, I have not committed to anything however. I checked with AIB and they gave a provisional approval in principal of the amount we need today using the income that we will be on in around a months time.
Now to get the amount we need, we will need to get an exception so I'm not fully trustful of AIBs online quick assessment.
Would we be better to use the broker or chance our arms and try to go direct to the banks? Considering we'll need an exception my head is thinking broker may be better.
The broker were taking to is an independent, We pay a set €350 fee which is refundable if they don't get the amount we need. From what I've been told he is not paid by the bank so that may get rid of any favouritism?
I'm in contact with a mortgage broker, I have not committed to anything however. I checked with AIB and they gave a provisional approval in principal of the amount we need today using the income that we will be on in around a months time.
Now to get the amount we need, we will need to get an exception so I'm not fully trustful of AIBs online quick assessment.
Would we be better to use the broker or chance our arms and try to go direct to the banks? Considering we'll need an exception my head is thinking broker may be better.
The broker were taking to is an independent, We pay a set €350 fee which is refundable if they don't get the amount we need. From what I've been told he is not paid by the bank so that may get rid of any favouritism?