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Affordable Housing Query

ruffles · 2008-10-01 13:07:08

I am looking into the affordable housing scheme at the mo, nothing definite yet. I see on the application you need to show bank statements that reflect 3-4 months savings. I used to be a regular saver putting away about 700 a month but have not done so for the last few months. I have now resumed saving. Should i wait till…

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01-10-2008 2:07pm

#1

ruffles

Closed Accounts Posts: 34 ✭

Join Date: July 2006

Posts: 12

I am looking into the affordable housing scheme at the mo, nothing definite yet. I see on the application you need to show bank statements that reflect 3-4 months savings. I used to be a regular saver putting away about 700 a month but have not done so for the last few months. I have now resumed saving. Should i wait till ihave a few months saved and then apply or would it be ok to apply now showing that i do have money on deposit and intend to save in future? Also how much to they expect people to be saving, i know the idea is to show you can handle mortgage repayments when you actually get a place.

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#2 01-10-2008 3:28pm
punchestown

Registered Users Posts: 660 ✭✭✭

Join Date: October 2007

Posts: 599

i think the AH crowd are desperate to clear their surplus stock so previous stipulations regarding regular savings, cap on earnings etc no longer count

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