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Girlfriend wants to buy apartment with me, I want to buy on my own.

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Comments

  • #62
    Hannibal_Smith
    Registered Users, Registered Users 2 Posts: 7,426 ✭✭✭Hannibal_Smith


    pwurple wrote: »
    It actually makes very little sense for her to use up her 'first time buyer' status as well.

    She must be very young / naieve to think this is a good idea.

    What first time buyer status? This doesn't exist anymore.


  • #63
    Mooooo
    Registered Users, Registered Users 2 Posts: 8,609 ✭✭✭Mooooo


    MartyMcFly84 wrote: »
    What you could do is buy the place for yourself and let her live there for a low or "cost" rent/or share or bills if you wanted too. This would help her greatly with disposable income and allow her to save if she wanted to get her own place further down the line.

    She should not be asking to buy with you so soon , but I think that is a fair alternative. I know a female friend who this worked out well for. Living with her new fella without paying rent changed her life in Dublin massively and allowed her to save for big holidays for both of them, family and save a nice cushion for herself if she ever needed to buy. Again its up to you but then if things didnt work out you would have done all you could and her has not claim on your house.

    risk involved in that too as you don't have to be married just living together to put a claim on a property, again same as said before if you knew the person longer less of an issue but 3 months....


  • #64
    The_Conductor
    Moderators, Society & Culture Moderators Posts: 32,286 Mod ✭✭✭✭The_Conductor


    Hannibal_Smith wrote: »
    What first time buyer status? This doesn't exist anymore.

    It hasnt' been formally abolished- the new Minister has flown a kite to get reactions to its abolition- and by and large- the public is not in favour of keeping it, with the proviso, there is an expectation of a commensurate scheme (for all buyers, not just FTBs, and not just for new builds) to assist with the purchase. Its expected the scheme will be formally closed in the 2018 budget- however, its all go, until then (or whenever it is formally closed).


  • #65
    LegacyUser
    Registered Users, Registered Users 2 Posts: 166,012 ✭✭✭✭LegacyUser


    MartyMcFly84 wrote: »
    What you could do is buy the place for yourself and let her live there for a low or "cost" rent/or share or bills if you wanted too. This would help her greatly with disposable income and allow her to save if she wanted to get her own place further down the line.

    She should not be asking to buy with you so soon , but I think that is a fair alternative. I know a female friend who this worked out well for. Living with her new fella without paying rent changed her life in Dublin massively and allowed her to save for big holidays for both of them, family and save a nice cushion for herself if she ever needed to buy. Again its up to you but then if things didnt work out you would have done all you could and her has not claim on your house.

    Not to take it off topic, but how on earth would this arrangement have been good for your friend's BF, or the OP? Your friend lived rent/expense free, and instead put her money towards luxuries, and her own nest egg?! That just seems like complete freeloading to me, and the trap that the OP is very much at risk of falling into. Maybe - maybe - had they been together for far longer, and had discussed a long term future together, it might make some sense. Even if the relationship was very long term though, that's something I'd find hard to swallow: a Bf/Gf who lives rent free, but yet can save for their own personal nest egg. That would be a total red flag, and indeed a complete deal-breaker, for me. The fact that the OP is only barely into a relationship makes it even more of a break-up issue in my book.

    I'm sorry, but in my opinion the OPs Gf is either a deluded semi-princess, or a freeloader. neither of which are attractive qualities.


  • #66
    Hannibal_Smith
    Registered Users, Registered Users 2 Posts: 7,426 ✭✭✭Hannibal_Smith


    The_Conductor wrote: »
    It hasnt' been formally abolished- the new Minister has flown a kite to get reactions to its abolition- and by and large- the public is not in favour of keeping it, with the proviso, there is an expectation of a commensurate scheme (for all buyers, not just FTBs, and not just for new builds) to assist with the purchase. Its expected the scheme will be formally closed in the 2018 budget- however, its all go, until then (or whenever it is formally closed).

    What do first time buyers get? Can't everyone avail of the HTB Scheme? First time buyers used to get a grant on new builds and a lower stamp duty rate, but neither of those exist anymore.


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  • #67
    jamesthepeach
    Registered Users, Registered Users 2 Posts: 992 ✭✭✭jamesthepeach


    Tell her the bank won't give you the mortgage because you have previous debts up to your eyeballs that you'll be about 30 years paying off.
    See what she does then over the next few months.


  • #68
    HalloweenJack
    Registered Users, Registered Users 2 Posts: 7,411 ✭✭✭HalloweenJack


    jamesthepeach wrote: »
    Tell her the bank won't give you the mortgage because you have previous debts up to your eyeballs that you'll be about 30 years paying off.
    See what she does then over the next few months.
    There's no need to lie or play games with her.

    Just come out and say you don't want to buy with her just yet and explain why. If she isn't reasonable and understanding then it's better to find this out now instead of later down the road when you already have a house together.


  • #69
    Bandana boy
    Registered Users, Registered Users 2 Posts: 4,340 ✭✭✭Bandana boy


    Hannibal_Smith wrote: »
    What do first time buyers get? Can't everyone avail of the HTB Scheme? First time buyers used to get a grant on new builds and a lower stamp duty rate, but neither of those exist anymore.

    HTB scheme is only for first time buyers

    http://www.revenue.ie/en/property/help-to-buy-incentive/index.aspx


  • #70
    The_Conductor
    Moderators, Society & Culture Moderators Posts: 32,286 Mod ✭✭✭✭The_Conductor


    Hannibal_Smith wrote: »
    What do first time buyers get? Can't everyone avail of the HTB Scheme? First time buyers used to get a grant on new builds and a lower stamp duty rate, but neither of those exist anymore.

    No- not everyone can avail of the HTB scheme- it was specifically targeted at first-time-buyers only. No-one other than a FTB qualified. This scheme will most probably be abolished- however, it is still up and running.


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