H
high26
Guest
Hi all,long time reader first time poster. Any advice on the following would be appreciated.
I am currently awaiting planning permission to come back for two storey house. Site is in my name and is valued at approx €65000.
I am with employer ( Dept.of Justice) for past 9 months, I am on a probationary period for 12 months then long term contract.
I am currently earning approx €32500 but this will increase to €40000 in a months time. I owe Credit Union €3000 and owe bank €2500.
My partner is with her employer (HSE) for two years (permanent) currently earning €33000 a year. She has a Credit Union loan of €15000.
We have about €5000 in savings,but are looking for about €240000 for a self build.
We have two kids also and we just need to get our own place as rent is dead money.
Do ya reckon banks would be willing to lend to us in the current climate with so little savings,or does the site act as like a deposit??
Thanks in advance
I am currently awaiting planning permission to come back for two storey house. Site is in my name and is valued at approx €65000.
I am with employer ( Dept.of Justice) for past 9 months, I am on a probationary period for 12 months then long term contract.
I am currently earning approx €32500 but this will increase to €40000 in a months time. I owe Credit Union €3000 and owe bank €2500.
My partner is with her employer (HSE) for two years (permanent) currently earning €33000 a year. She has a Credit Union loan of €15000.
We have about €5000 in savings,but are looking for about €240000 for a self build.
We have two kids also and we just need to get our own place as rent is dead money.
Do ya reckon banks would be willing to lend to us in the current climate with so little savings,or does the site act as like a deposit??
Thanks in advance