Hi everyone,
I'm currently looking to buy and get a mortgage as a first time buyer in Dublin.
I'm also considering, in a few years down the line, moving out of Dublin to another country.
My question is, how does that affect the first-time buyer mortgage?
After asking 3 different banks, I got 2 different replies:
1-In 2 cases, they told me I'll have to switch to an investment property mortgage
2-In the other case, they told me that since I'm actually a first time buyer and I plan on living in it for a while, the mortgage won't change (nor the rate or anything)
I'm a bit confused since I got 2 different answers, doesn't anyone know a bit more about this and have experienced anything similar?
Most likely in the 1st scenario they didn't understand my question correctly and though I'd want to switch the mortgage?
Thanks a lot in advance,
Baptiste
I'm currently looking to buy and get a mortgage as a first time buyer in Dublin.
I'm also considering, in a few years down the line, moving out of Dublin to another country.
My question is, how does that affect the first-time buyer mortgage?
After asking 3 different banks, I got 2 different replies:
1-In 2 cases, they told me I'll have to switch to an investment property mortgage
2-In the other case, they told me that since I'm actually a first time buyer and I plan on living in it for a while, the mortgage won't change (nor the rate or anything)
I'm a bit confused since I got 2 different answers, doesn't anyone know a bit more about this and have experienced anything similar?
Most likely in the 1st scenario they didn't understand my question correctly and though I'd want to switch the mortgage?
Thanks a lot in advance,
Baptiste