Thank you for the advice so far.
Yes, we have equity in UK property, had several valuations recently, and we are sound on that one even taking the market drop and more into consideration. Very small mortgage on a property bought many years ago. Absolutely true about taking Sterling into Ireland at the moment - worth very little when exchanged, hence why we don't want to go that route at this moment. Plus the house is meant to be a pension, but thats a whole other debate and we won't go there.
Of course, we could still purchase the property and live in it as it's absolutely habitable........just dated and in need of modernisation, and a few more rooms.....and surely better to be paying back 1100 per month on a mortgage than 1500 on rent??? Or is it?
By doing so, do you still think we are mad to consider buying right now, even for a 'bargain' property? There is every indication that we could be left in our bargain property without the extension for a very long time!
I think I'm talking myself out!!
Really appreciate all the responses though.
Audders