C
Caroline K
Guest
My fiance has acquired a plot of land and a significant contribution to the cost of building a house from a parent. Planning permission has been granted, we are ready to build and a smallish mortgage of €200,000 is all we will require. This will be our first mortgage, for both of us.
Can anyone kindly advise me about the pros and cons of taking out the mortgage in one or both names. Someone told me that it would make the mortgage more expensive to put it in both our names - is this right???? My fiance can probably comfortably secure the mortgage on his own, although I bring in a significant wage also.
Would love to hear someone's thoughts as I'm very green to the whole mortgage thing, thanks.
Can anyone kindly advise me about the pros and cons of taking out the mortgage in one or both names. Someone told me that it would make the mortgage more expensive to put it in both our names - is this right???? My fiance can probably comfortably secure the mortgage on his own, although I bring in a significant wage also.
Would love to hear someone's thoughts as I'm very green to the whole mortgage thing, thanks.