Thanks Brendan, Bronte for responses.
@Brendan, as you suggested, PTSB laughed when I asked about what is effectively bridging finance.
Current status:
We’ve 25k in cash (regular bank savings account); 21k in An Post savings (ten year national solidarity - been in there for five years, accessible with seven days notice); 7k in Credit Union; 10k in Zurich unit monthly savings product. The two that I don’t want to touch are the national solidarity bond and the Zurich account as there are losses/costs associated with ending both.
We had been keeping a lot of savings in easily accessible forms as we knew for a while that the move was on the cards.
In order to make up the 41k downpayment (on top of the 5k we’ve already paid from savings) we’re thinking about using the 20k of the 25k cash (bank savings accounts) which is generating zero interest and borrowing 21k from the credit union which we can then repay when we’ve sold our own house. We can borrow this at 7.5% / c.300 euro per month.
In terms of other requirements related to moving costs until we’ve sold our current home, we’ve got the remaining 5k plus we’re saving 1300euro per month.