Go Back   Askaboutmoney.com > General Financial Issues > Mortgages and buying and selling homes

Reply
 
Thread Tools
  #1  
Old 28-01-2005, 12:00 AM
WarrenBuffett
 
Posts: n/a
Default Financial Advisers & Property

Hi,

I hope to buy some property within the next few months but I feel i need real, professional advice- I am a first time buyer in the Dublin area with a budget of approx 350,000

I have trawled through the various sources of info:
- This venerable website
- Property Forums
- Property sections in newspapers...

However, before I really start into the process of bidding on houses / finally choosing location i was thinking of visiting a financial adviser. Hopefully they would be able to offer me info from a more informed perspective.

Is this a crazy idea? Will i receive biased info only based on their clients / portfolio?

The financial adviser i was thinking of visiting in Hunston Financial Advisers on Merrion Sq.

Thanks for any help....please feel free to offer whatever advice you deem appropriate.

WarrenBuffett

Multi Billionaire ;-)
Reply With Quote
  #2  
Old 28-01-2005, 12:17 AM
ClubMan ClubMan is offline
*********
 
Posts: 44,869
Default

Personally I don't think that in most cases a first time buyer should be buying an investment property as their first property purchase. They would be better off first buying a place to live and availing of the first time buyer "perks" with regard to stamp duty, mortgage interest relief, CGT exemption etc.
Reply With Quote
  #3  
Old 28-01-2005, 12:27 AM
WarrenBuffett
 
Posts: n/a
Default

Clubman,

Sorry if I didn't make myself clear....and i agree with you totally about buying first time as an investment btw.

I want to buy a house in which I will live.

However I would like the advice of someone who would be able to recommend areas with potential, schemes etc. (I doubt the first house i will buy will be the house i will spend the rest of my life in. But I want my decision to be as informed and prudent as possible.)

So, in short, is my decision to visit a financial adviser like this a flawed one? Will I learn what I want or is there someone else I should talk to in order to learn this? I want to talk to someone who deals with buying and selling on a regular basis...who has experience.
Reply With Quote
  #4  
Old 28-01-2005, 12:47 AM
ClubMan ClubMan is offline
*********
 
Posts: 44,869
Default

I want to buy a house in which I will live.

OK - you posted in the wrong forum so and I've moved it into the Mortgages and Home Buying forum instead. The Property Investment forum is intended for queries about investment/rental properties.
Reply With Quote
  #5  
Old 28-01-2005, 03:50 PM
Sarah Wellband
 
Posts: n/a
Default

I'm confused - what would a financial adviser know about where to buy a property? Surely you'd be better off talking to an estate agent?

Sarah

www.rea.ie
Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT. The time now is 03:49 AM.