Hello, I'm looking for a mortgage. - in My name preferably, as my wife has one in hers already.
We have 3 kids 10,8,6
We bought a house early 2008(before things went down hill) for 205,000 full mortgage, we have now chipped away at this only owing approx 65,000 at the minute- Mortgage is in wife's name. We would be hoping to rent out this property(but can this be income be taken into account for new mortgage?)
My Net is currently €25,000 per year. We have savings of approx €140,000 and i see a house we like at €250,000
Her Net is currently €35,000 per year.
Preference is for a mortgage in my name, Or is there any advantage to both of us applying?
Child care approx €100 a week
Wifes Mortgage currently €720 a month(is there any way we can push this mortgage out so we could save some more money?)
What are our best options here and thank you for any reply's.
Any suggestions on what foot to put forward would be much appreciated.
We have 3 kids 10,8,6
We bought a house early 2008(before things went down hill) for 205,000 full mortgage, we have now chipped away at this only owing approx 65,000 at the minute- Mortgage is in wife's name. We would be hoping to rent out this property(but can this be income be taken into account for new mortgage?)
My Net is currently €25,000 per year. We have savings of approx €140,000 and i see a house we like at €250,000
Her Net is currently €35,000 per year.
Preference is for a mortgage in my name, Or is there any advantage to both of us applying?
Child care approx €100 a week
Wifes Mortgage currently €720 a month(is there any way we can push this mortgage out so we could save some more money?)
What are our best options here and thank you for any reply's.
Any suggestions on what foot to put forward would be much appreciated.