First time buyer mortgage for residents abroad

rayo12

Registered User
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1
Hi guys,

I'm looking for info regarding a first time mortgage for residents living abroad.
myself and my husband are currently living in Australia and plan to move home in the next two years but want to start our mortgage now! Is it possible to get a first time buyers mortgage with a 10% deposit while abroad as we are planning on living in the house so buy to let doesn't really work for us? any help would be greatly appreciated, thanks:)
 
Although you are not returning to Ireland for another two years, you plan to buy a house now and pay the mortgage but not let out the property?

This is not a good idea.

And fortunately for you, the bank won't entertain it.

Come back to Ireland when you are ready. Get jobs. When you have been working for a year, the bank will probably give you a mortgage then.

Brendan
 
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