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Self Build

  • 03-05-2016 12:59pm
    #1
    Registered Users, Registered Users 2 Posts: 3


    Hi All,
    I would greatly appreciate some advice. Myself and hubby are looking at a site for 60k. Our gross earnings are 59k combined. We have 18k in savings but parents are willing to help out if we need a bit more.
    How much would we be able to borrow for the site/build and how much deposot would we need? also are there any banks better than others for dealing.
    Thanks in advance


Comments

  • Moderators, Home & Garden Moderators Posts: 10,146 Mod ✭✭✭✭BryanF


    Hi Welcome to the c&p forum

    Can you enlighten us in the approx size or number of rooms you wish to build?

    Personally I would budget €1500/m2

    Ps perhaps try the 'accommodation & property forum' for mortgage related queries.


  • Registered Users, Registered Users 2 Posts: 831 ✭✭✭who what when


    Three and a half times combined income is the most a bank will give you in my experience. You also need 10% deposit minimum.


  • Registered Users, Registered Users 2 Posts: 3 Happybunny84


    Ahh thank you sorry I am new to these forums maybe I posted in the wrong area thanks for the advice.


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