You can sell up anytime and take the profit, she cannot afaik - anyone know the details about the various clawbacks in place?I struggled 2 years ago to get a mortgage for a 1bed apt in belfry citywest [which I love by the way]
And she comes along gets a 800sq ft 2 bed in belfry hall in citywest for €150k??? 50k less than I paid for my 1 bed!
I forgot about booking the profit .Glenbhoy said:You can sell up anytime and take the profit, she cannot afaik - anyone know the details about the various clawbacks in place?
I have heard of some astounding multiples being offered to nurses or civil servants generally . One nurse I know near the top of the scale was offered 5x or 5.5x gross last year on her own . The mortgage would have been paid off when she was 61As for the bank offering 280K - i too was astounded - leaving aside the job stability and future increments - that would have been irresponsible imho.
2Pack said:One nurse I know near the top of the scale was offered 5x or 5.5x gross last year on her own . The mortgage would have been paid off when she was 61
But she was offered 280K on a salary of 27K - 10 times, and in fairness, nurses salaries have a relatively low top end (considering how high most state job salaries can go).6X gross salary for accountants
pinkie123 said:Did anyone see 'I'm an adult get me outta here' on RTE2 last night?
I am disgusted! A nurse who earns €27k or who was able to qualify for a 300k+ mortgage was still allowed to qualify for affordable housing!
How can this happen?
I earn nearly twice as much and I wouldn't qualify for a €300k mortgage. Nor do I qualify for affordable housing.
I struggled 2 years ago to get a mortgage for a 1bed apt in belfry citywest [which I love by the way]
And she comes along gets a 800sq ft 2 bed in belfry hall in citywest for €150k??? 50k less than I paid for my 1 bed!
How is this fair? This country is a disgrace.
How would you feel if you were one of the people who paid full whack & had an affordable purchaser moving in next door?
TwoWheels said:How would you feel if you were one of the people who paid full whack & had an affordable purchaser moving in next door?
Is this not defeating the purpose of the word "Adult" in the title of the programme - seeing as now two out of three 'candidates' on the show have been in a "parental gift" situation..?MB05 said:Dillions, I agree with you. I thought she was offered 250k and the parents initially offered her a loan of 30k.
soma said:Is this not defeating the purpose of the word "Adult" in the title of the programme - seeing as now two out of three 'candidates' on the show have been in a "parental gift" situation..?
As stated earlier you can sell whenever you want and book the profit - an affordable buyer cannot.How would you feel if you were one of the people who paid full whack & had an affordable purchaser moving in next door?
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