Hi there,
I was wondering if someone here can give me some advise. I am a trainee solicitor in Dublin. My pay is roughly 20k. I am looking for a mortgage to buy an apartment in Dublin as paying over huge ammounts in rent just kills me as its dead money. I have a lump sum of 20k that I could use to pay the mortgage payments for the first two years until I qualify (I will earn roughly 55k then first year after qualification) My parents would be willing to go as garantors, and they own a few properties. Can anyone tell me what I should be able to get as a mortgage. I have heard that banks do take in to account the fact that I am a trainee and will be earning significantly more in a short period of time.
thanks in advance!
I was wondering if someone here can give me some advise. I am a trainee solicitor in Dublin. My pay is roughly 20k. I am looking for a mortgage to buy an apartment in Dublin as paying over huge ammounts in rent just kills me as its dead money. I have a lump sum of 20k that I could use to pay the mortgage payments for the first two years until I qualify (I will earn roughly 55k then first year after qualification) My parents would be willing to go as garantors, and they own a few properties. Can anyone tell me what I should be able to get as a mortgage. I have heard that banks do take in to account the fact that I am a trainee and will be earning significantly more in a short period of time.
thanks in advance!