Loan consolidating in ireland
As with other equitable remedies, it is for the party who wishes to avail of an equitable remedy to invoke it.
We at Flanagan Ford Financial Advisors are here to help you choose the most suitable mortgage to meet your needs.
This can be done by calling into our offices in Sligo or initially over the phone if that is more suitable.
If you have a number of higher interest debts, it is worth examining them to investigate whether it makes sense to consolidate them into one loan.
A consolidation loan may not always be your best option.
We have a large number of clients that have availed of our debt consolidation services.Building societies and banks may be able to offer you a personal loan.You should always get independent advice before taking out a loan.Justice Whelan concluded that it cannot be contended that the provisions of the doctrine are to be read into a security instrument in each case. Justice Whelan referred to the fact that the Bank at no point sought to exercise the doctrine of consolidation and that the Bank were relying solely on their contractual rights.
She further clarified that there is no authority for the proposition that a lender can be compelled to exercise this right by an attempt of a borrower to unilaterally invoke the remedy.
This decision reasserts the position that the right of consolidation belongs to a mortgagee and not to the mortgagor.