M
mario1
Guest
Hi all
Im a 28 year old bought a house 3 years ago have €230,000 mortgage on it and pay €620pm at 2.75 variable, have a loan of €10,000 and pay €200pm on that, have €2,000 of savings, work for myself and take home €35,000 a year.
partner works in the public sector has a income of €28,000 and has a lovely site her parents gave her and has full planning on it, she has just being approved for €200,000 mortgage in her name, we are hoping to build her house for €200,000 and move in rent my house for €700/€750pm then get my name added to her mortgage and pay that off together. the new house also has a garage and i was hoping to rent that off my partner for €150pm and put it true my company. should we build or just stay where we are and wait a few years?
Im a 28 year old bought a house 3 years ago have €230,000 mortgage on it and pay €620pm at 2.75 variable, have a loan of €10,000 and pay €200pm on that, have €2,000 of savings, work for myself and take home €35,000 a year.
partner works in the public sector has a income of €28,000 and has a lovely site her parents gave her and has full planning on it, she has just being approved for €200,000 mortgage in her name, we are hoping to build her house for €200,000 and move in rent my house for €700/€750pm then get my name added to her mortgage and pay that off together. the new house also has a garage and i was hoping to rent that off my partner for €150pm and put it true my company. should we build or just stay where we are and wait a few years?