Im seeking to buy a house in the next year or two, assuming I can get a permemant contract in my job. New houses in the area I want to buy in are around 210-220,000.
Age: 29
Annual gross income from employment or profession: 35000 + 3000 part time job
Type of employment: teaching (full hours)
Expenditure pattern: In general are you spending more than you earn or are you saving? saving 1000 a month
Other borrowings – car loans/personal loans etc
Credit union- 0
GE Money -0
AIB - car finance 480 a month
Do you pay off your full credit card balance each month? no credit card
If not, what is the balance on your credit card?
Savings and investments: 30,000 savings
Do you have a pension scheme? yes (direct from salary)
Do you own any investment or other property? no
What specific question do you have or what issues are of concern to you?
Assuming I can get a permenant contract (presumably id need one to get a mortgage) in my job in the next year or two, I want to know what the best way is for me to optimise my chances of being able to buy a house, as I would be buying alone and not be crippled thereafter trying to pay for it. Also I have input my details on some of those website mortgage calculators and none say that id even get a mortgage. Im not too sure what I should be doing with my savings to optimally manage them either(i did talk to my bank, but naturally they were only informing me of their options). Also I will have my new car paid off in 2 & a half years & could probably do that sooner if pushed. I am conscientious with money, dont have huge living/ shopping expenses either.
Age: 29
Annual gross income from employment or profession: 35000 + 3000 part time job
Type of employment: teaching (full hours)
Expenditure pattern: In general are you spending more than you earn or are you saving? saving 1000 a month
Other borrowings – car loans/personal loans etc
Credit union- 0
GE Money -0
AIB - car finance 480 a month
Do you pay off your full credit card balance each month? no credit card
If not, what is the balance on your credit card?
Savings and investments: 30,000 savings
Do you have a pension scheme? yes (direct from salary)
Do you own any investment or other property? no
What specific question do you have or what issues are of concern to you?
Assuming I can get a permenant contract (presumably id need one to get a mortgage) in my job in the next year or two, I want to know what the best way is for me to optimise my chances of being able to buy a house, as I would be buying alone and not be crippled thereafter trying to pay for it. Also I have input my details on some of those website mortgage calculators and none say that id even get a mortgage. Im not too sure what I should be doing with my savings to optimally manage them either(i did talk to my bank, but naturally they were only informing me of their options). Also I will have my new car paid off in 2 & a half years & could probably do that sooner if pushed. I am conscientious with money, dont have huge living/ shopping expenses either.