L
Louiseml
Guest
Hi there my husband and I are hoping to buy a home soon. We're fortunate to have a deposit of €200k. We are hoping to get a mortgage of €200k and purchase a house for €400k. My husband has his own business ( for 5 yrs). It made a small loss for a couple of years but he has turned the business around and it is in established profit for 18 mnths. He currently has a salary to gross €65k. Previously he had to take half that. We also own a house outright (inheritance prop) which is worth about €100k but has a rental income of gross €9,600k.
My question is this: will we have trouble getting a mortgage?! We are currently paying €2000 rent per month, so we know that we can afford the mortgage. We have no loans, no credit card debt. 2 kids (who I currently mind)
Also wondered what can be considered as income? Is maintenance from an ex income. Also, I hope to return to work when our daughter is 3 (in about 18 months) I had been previously been earning a salary of €30k.
Thanks in advance!
My question is this: will we have trouble getting a mortgage?! We are currently paying €2000 rent per month, so we know that we can afford the mortgage. We have no loans, no credit card debt. 2 kids (who I currently mind)
Also wondered what can be considered as income? Is maintenance from an ex income. Also, I hope to return to work when our daughter is 3 (in about 18 months) I had been previously been earning a salary of €30k.
Thanks in advance!
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