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Krew Bot
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I'm a 23 year old single guy with no college qualification. At the moment, after taxes I am taking home €900 a week. I have approximately €35,000 in savings.
I'm still living at home as its convenient, to say the least. Lately I've been thinking of moving into rented accommodation with some friends, in order to have more freedom. But when I realistically look at it, I would be paying €400 a month in rent, then say another €150 on gas, electricity, broadband, sky, bins etc. Plus there would be the hassle of parking spaces as all my friends have cars, and I have two, work and personal.
All of this got me thinking, why not buy my own place. After all it seems to be a buyers market at the moment. I just selected this 3 bed house in Tallaght as an example of what 300,000 will get in south Dublin. Its near the Luas and not that far from the m50. I'm sure the two spare rooms could probably fetch €300 each a month, or is that really optimistic?
http://www.daft.ie/searchsale.daft?id=306308&search=1
As I mentioned I am presently single, which I realise would be a factor against me when applying for a mortgage. Realistically would any bank give a mortgage in the region of €270 - 300,000 to a guy in my circumstances or should I just forget about it, and keep saving until I meet a girl I want to settle down with?
My only fear is that if I don't act now it could be too late, lets say I fall in love at 27 and want to buy a house with my partner but cant because house prices are overvalued like they were in the last few years.
Thanks for taking the time to read, I'd greatly appreciate any opinions.
I'm still living at home as its convenient, to say the least. Lately I've been thinking of moving into rented accommodation with some friends, in order to have more freedom. But when I realistically look at it, I would be paying €400 a month in rent, then say another €150 on gas, electricity, broadband, sky, bins etc. Plus there would be the hassle of parking spaces as all my friends have cars, and I have two, work and personal.
All of this got me thinking, why not buy my own place. After all it seems to be a buyers market at the moment. I just selected this 3 bed house in Tallaght as an example of what 300,000 will get in south Dublin. Its near the Luas and not that far from the m50. I'm sure the two spare rooms could probably fetch €300 each a month, or is that really optimistic?
http://www.daft.ie/searchsale.daft?id=306308&search=1
As I mentioned I am presently single, which I realise would be a factor against me when applying for a mortgage. Realistically would any bank give a mortgage in the region of €270 - 300,000 to a guy in my circumstances or should I just forget about it, and keep saving until I meet a girl I want to settle down with?
My only fear is that if I don't act now it could be too late, lets say I fall in love at 27 and want to buy a house with my partner but cant because house prices are overvalued like they were in the last few years.
Thanks for taking the time to read, I'd greatly appreciate any opinions.