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Pbookg8
Guest
I need you help. Can someone advise me how you can go about buying property in Ireland as an investment if you live in the UK ?
to be simple:
~identify what type of house you want: rural, urban, rent to young family, singles, commuters, locals & location of course,
~check "oasis" government website for advice on moving to Ireland, I know your'e not moving here but it'll help.
~Can you get a bank in the UK to cover your mortgage ?
~If not, contact the following: Allied Irish Bank, EBS, Bank of Ireland, Bank of Scotland, national Irish bank or just look uo Irish mortgage brokers & let them work for you, they'll be paid by whichever bank may accept you as a client, choose a mortgage broker with the widest range of banks on their books.
~Check out the website of Irish Revenue "revenue.ie" to understand your tax implications.
~If you identify a property that takes your fancy on "daft.ie" you can get an estate agent to take care of the buying & later the subsequent rental arrangements (at a premium).
hope this is not too dumbed down but it'll get the ball rolling on your thread which is quite general in terms
~identify what type of house you want: rural, urban, rent to young family, singles, commuters, locals & location of course,
~check "oasis" government website for advice on moving to Ireland, I know your'e not moving here but it'll help.
~Can you get a bank in the UK to cover your mortgage ?
~If not, contact the following: Allied Irish Bank, EBS, Bank of Ireland, Bank of Scotland, national Irish bank or just look uo Irish mortgage brokers & let them work for you, they'll be paid by whichever bank may accept you as a client, choose a mortgage broker with the widest range of banks on their books.
~Check out the website of Irish Revenue "revenue.ie" to understand your tax implications.
~If you identify a property that takes your fancy on "daft.ie" you can get an estate agent to take care of the buying & later the subsequent rental arrangements (at a premium).
hope this is not too dumbed down but it'll get the ball rolling on your thread which is quite general in terms
P
Pbookg8
Guest
Hi Gerald - thanks for your response. Do you know if it's possible to get a mortgage in the UK and buy in Ireland ?
DrMoriarty
Moderator
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It's unusual for a lender to approve a mortgage that's not secured on a property in their own national territory, but it does happen.
My question is why you would be considering Irish property as an investment at the moment...? Unless you have personal reasons for buying a house in Ireland, I'd have thought that there would be better options...
My question is why you would be considering Irish property as an investment at the moment...? Unless you have personal reasons for buying a house in Ireland, I'd have thought that there would be better options...