weallpartied
Registered User
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So I am a first time buyer, I'm mid 40s and single with no children and no plans for that to change. I work in IT, mostly remote working with some onsite travel around the country and has been that way well before covid
The debate I have been having with myself and friends is as follows
I have a budget of around 280k (mortgage approval 240k, savings 40k) and I qualify for the help to buy scheme. Some say I should avail of the free money and get a house outside of Dublin and then sell after 5 years if I wanted to move back into the city, for example I could buy a 3 bed semi detached outside Dublin comfortably.
Another school of thought is to buy an apartment in Dublin and stay there long term.
I am a city guy having lived in cities most of my life so I am not sure buying a place in tullamore or navan would really suit me, but then its hard to walk away from 25k in the form of the help to buy scheme, when I could sell up and move back to Dublin at a later stage.
I would appreciate the wisdom of the crowd for this
The debate I have been having with myself and friends is as follows
I have a budget of around 280k (mortgage approval 240k, savings 40k) and I qualify for the help to buy scheme. Some say I should avail of the free money and get a house outside of Dublin and then sell after 5 years if I wanted to move back into the city, for example I could buy a 3 bed semi detached outside Dublin comfortably.
Another school of thought is to buy an apartment in Dublin and stay there long term.
I am a city guy having lived in cities most of my life so I am not sure buying a place in tullamore or navan would really suit me, but then its hard to walk away from 25k in the form of the help to buy scheme, when I could sell up and move back to Dublin at a later stage.
I would appreciate the wisdom of the crowd for this