Myself and my partner are on about 55k between us. We have 2 young children and are living with her mother and paying her 300 per month and managing to save 1500 per month plus paying bills every second month. We have 100k from our previous house sale and want to move to the countryside, preferably Meath or Westmeath. We have no childcare costs as we work around each other. We are hoping to get a house for under 275K. I have a couple of questions.
1. Will the banks accept the 300 we pay as rent even though it is being paid to a family member.
2. Are we saving enough?
3. Have we any hope of getting 3.5 x our joint income?