Bridging finance and downsizing

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

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

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.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 3. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

ICS revives bridging loans ‘to ease bottleneck’ in second-hand home marketShort term property loans essentially disappeared in the wake of the property crash
출처: IrishTimes - 🏆 3. / 98 더 많은 것을 읽으십시오 »