Just be cautious with the EA. They work for the seller and their role is to sell the house, as is, with no guarantees etc. My guess is they will give a vague or non committal answer and I would not rely on it.
Mortgage process blocked until we get a Home Insurance policy with Full cover, including Flood cover.
- Thread starter Springers
- Start date
Brendan Burgess
Founder
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- 58,390
Springers - take your time.
You are well off and can easily afford a three bed house where you won't have to worry about the flood risk.
I would much prefer to have an extra €100k mortgage for another 7 years than to live mortgage-free in a flood risk zone.
This is your forever family home. Take your time and make the right move.
There is no urgency to be mortgage-free.
presidenttttt
Registered User
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- 465
Am I reading that there is a genuine flood risk? I know many areas are on these maps and it is a little unreasonable or is a 1 in 100+ year event. You could not pay me to buy a family home in an areas with material risk of flooding - no amount of pros are worth the cons. Agree with the above - take your time.
Not so much in Cork city centre. I'd be looking at tide tables and the weather forecast pretty often if I lived there.
Inexpensive
Frequent Poster
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- 98
Quick update to let you know we finally got the funds from another lender (AIB) without any flood cover requirements, and closing the purchase this week. Thanks all for your help.