So my only option is to buy with my partner if he got a mortgage for a better property? Or continue saving and hope prices go down over the next 5 years.You will not be able to get a mortgage as you have no income and you do not live here. You also don't have enough cash to buy a property, unless it's an apartment in a bad part of Dublin or a property in the middle of nowhere, neither of which would be smart purchases.
You will not be able to get a mortgage as you have no income and you do not live here. You also don't have enough cash to buy a property, unless it's an apartment in a bad part of Dublin or a property in the middle of nowhere, neither of which would be smart purchases.
So my only option is to buy with my partner if he got a mortgage for a better property? Or continue saving and hope prices go down over the next 5 years.
I have two children, one is his but he is not on the birth cert. So I guess it could be a family home. What legal protection would it have?You have a child, (not your partners child?), he is not interested in getting married, He has also not been very reliable in the past when it comes to finances. I suggest that you do not get involved in an investment with this man. A family home would be different, there are legal protections around that, which would not apply to an investment.
I was hoping to buy in Dublin. There are no decent properties for sale at the moment but there are very little properties for sale. This could change, all I need is for one good one to come up over the next couple of years. I'm also still due a bit more money and could borrow 20k from my family. This would bring up my budget a bit. I was also hoping someone will be looking for a cash buyer specifically and give me a deal. I'm also looking at auctions but again, there is very little happening on that front right now. if none of this works out I could still look into buying outside of Dublin but that would involve a lot of research as I don't know much about those areas. It would also need to be near a really good school which probably limits things even more. Either way, there is no time pressure so I can wait for a good opportunity to come up. + The longer I wait, the more money I have.The OP didn't say whether she was moving to Dublin. As Healy-Rae said the country does not end at the Red Cow roundabout.
OP what part of the country are you looking to purchase? Do a search on Daft.ie, you are in a great position being a cash buyer. Be wary with your partner, follow your unstincts and keep everything in your own name.
There is quite strong protection under Irish law for a family home. One partner cannot sell without the others permission for example, even if the one partner is the 100% owner.
I worry however that this could leave me in a vulnerable position as all my money would be tied in property he would own half of. He has also not been very reliable in the past when it comes to finances.
Yes but I would need to check them out and check the area out before knowing for sure.When you say a really good school, do you have an idea which school or schools may be in your plans?
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