HomeBuyer22
Registered User
- Messages
- 15
I am sale agreed on a new house, and am currently in the process of getting multiple mortgage approvals in order to avail of the cash back offers. I am not a FTB, and do not have to sell existing property.
For the new mortgage approvals, I am being classified by the banks as a “mover”.
So, my plan is to draw down with PTSB and BOI, get the cash back , and then move to KBC and stay with them.
However, when I draw down with PTSB, and then look to drawdown with BOI, I will no longer be a “mover”, I will be a “switcher”. Will the other mortgage approvals I have in place with BOI and KBC still be valid, or will have to restart the process with them as my status will have changed from “mover” to “switcher”?
Struggling to see how this will work, having read all the threads on here.
Thanks for any feedback , appreciated
For the new mortgage approvals, I am being classified by the banks as a “mover”.
So, my plan is to draw down with PTSB and BOI, get the cash back , and then move to KBC and stay with them.
However, when I draw down with PTSB, and then look to drawdown with BOI, I will no longer be a “mover”, I will be a “switcher”. Will the other mortgage approvals I have in place with BOI and KBC still be valid, or will have to restart the process with them as my status will have changed from “mover” to “switcher”?
Struggling to see how this will work, having read all the threads on here.
Thanks for any feedback , appreciated
Last edited: