littleduck
Registered User
- Messages
- 10
Hi,
I'd appreciate your advice.
I moved to the UK 12 months ago to work. I purchased a house at the start of this month. I secured my mortgage through a broker with little difficulty. The house I knew needed a lot of work before I could move in but my broker advised me not to apply for a loan for improvements until after the sale went through in case the mortgage lender checked my credit score again.
I had looked into loans (approx £7000 over 5years)prior to the sale and on affordability everything seemed fine and as I had gotten a mortgage easily I didn't think I would have much difficulty.
Um nope.
I can't get a personal loan because I do not have 3 years credit history in the UK and as Irish addresses do not have postcodes my Irish address which I have held for 20 years cannot even be entered into the application!
As I have only just bought the house there is not enough equity in it to be able to get a secured loan from any of the normal banks.
Has anyone else had this problem and what did you do?
I still have my BoI account. Is it possible to get a loan from an Irish bank when you are no longer living in Ireland?
Any other suggestions? (The builders need paying in 2.5weeks)
Cheers and near tears,
littleduck
I'd appreciate your advice.
I moved to the UK 12 months ago to work. I purchased a house at the start of this month. I secured my mortgage through a broker with little difficulty. The house I knew needed a lot of work before I could move in but my broker advised me not to apply for a loan for improvements until after the sale went through in case the mortgage lender checked my credit score again.
I had looked into loans (approx £7000 over 5years)prior to the sale and on affordability everything seemed fine and as I had gotten a mortgage easily I didn't think I would have much difficulty.
Um nope.
I can't get a personal loan because I do not have 3 years credit history in the UK and as Irish addresses do not have postcodes my Irish address which I have held for 20 years cannot even be entered into the application!
As I have only just bought the house there is not enough equity in it to be able to get a secured loan from any of the normal banks.
Has anyone else had this problem and what did you do?
I still have my BoI account. Is it possible to get a loan from an Irish bank when you are no longer living in Ireland?
Any other suggestions? (The builders need paying in 2.5weeks)
Cheers and near tears,
littleduck