Bridging finance and downsizing

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 98%

ایران اخبار اخبار

ایران آخرین اخبار,ایران سرفصلها

Ignoring a legitimate need of customers

) about the so-called bridging loan launched recently by ICS Mortgages, owned by financial services company Dilosk, fails to highlight that this product is of no value to the empty nesters wishing to downsize precisely because it is not a short-term loan facility but a mortgage product bound by Central Bank of Ireland regulations which dictate that the borrowed sum is limited to four times the household income which for most in this category will be a pension.

I know this because I applied to use this product , sent all my financial details including a valuation of my home and was seeking to borrow approximately 50 per cent of the equity to purchase a smaller home.

 

از نظر شما متشکرم. نظر شما پس از بررسی منتشر خواهد شد.
این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:

 /  🏆 3. in İR

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

ICS revives bridging loans ‘to ease bottleneck’ in second-hand home marketShort term property loans essentially disappeared in the wake of the property crash
منبع: IrishTimes - 🏆 3. / 98 ادامه مطلب »