Luckycharm
Registered User
- Messages
- 540
Hopefully someone can help me, I am thinking of getting a top up of around 40k to my existing mortgage over the same terms to build a small extension to the back of the house. It is with Ulster bank they have told me that I need to get a solicitor for the Top up as it is over €252k is that normal? I have about 26 and half years left on my mortgage.
I basically have to get the same stuff together as if I was remortgaging and my solicitor said the work would nearly be the same. Would the Solicitor have to do any work if for example I did not get approved or only when I got approved. I have a perfect credit history so I would hope I would be Ok.
Another question if the work to get a Top up is nearly as much work as getting a remortgage should I maybe look at remortgaging where I see some of the banks offer money towards legal fees or mention this to my own bank to see if they would wave the legal fees part. My current tracker mortgage is quite good at 4.75%
Any advice appreciated.
I basically have to get the same stuff together as if I was remortgaging and my solicitor said the work would nearly be the same. Would the Solicitor have to do any work if for example I did not get approved or only when I got approved. I have a perfect credit history so I would hope I would be Ok.
Another question if the work to get a Top up is nearly as much work as getting a remortgage should I maybe look at remortgaging where I see some of the banks offer money towards legal fees or mention this to my own bank to see if they would wave the legal fees part. My current tracker mortgage is quite good at 4.75%
Any advice appreciated.