Thanks for those figuresSo you will have around 165k in a deposit & say 30k × 3.5 available via mortage.
That would give you a purchase price of €270k.
Do you really want to move house? You would do much better to have the house transferred into your name & take over the existing mortgage.
Thanks for thisThe advantage of selling and buying again is that your ex will no longer be on the mortgage or the deeds. As he is no longer on the mortgage, he would be able to get a mortgage himself.
But as others have pointed out, it makes no sense otherwise. You will not be able to buy a similar house. You will face the huge costs of selling and buying.
You should ask KBC if you can change the mortgage into your own sole name. I think that they will refuse given your low earnings, but no harm in asking.
An alternative to get him off the mortgage would be for someone else to replace him on the mortgage.
Brendan
It comes down to affordability.I didn't even realise just getting the mortgage on the existing house changed to my sole name would be an issue.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?