Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Using Pension for mortgage

  • 28-09-2020 8:39am
    #1
    redmgar
    Registered Users, Registered Users 2 Posts: 680 ✭✭✭


    Hi,

    Is it possible to use some of a company pension (which you have left) to gather the 20% (2nd time buyer) for a mortgage deposit.


Comments

  • #2
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,852 Mod ✭✭✭✭Henry Ford III


    redmgar wrote: »
    Hi,

    Is it possible to use some of a company pension (which you have left) to gather the 20% (2nd time buyer) for a mortgage deposit.

    You can't claim retirement benefits until age 50.


  • #3
    redmgar
    Registered Users, Registered Users 2 Posts: 680 ✭✭✭redmgar


    Henry Ford III wrote: »
    You can't claim retirement benefits until age 50.
    Ok, Cheers. DO you know if that is in all circumstances?


  • #4
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,852 Mod ✭✭✭✭Henry Ford III


    redmgar wrote: »
    Ok, Cheers. DO you know if that is in all circumstances?

    Yes.


  • #5
    The J Stands for Jay
    Registered Users, Registered Users 2 Posts: 5,876 ✭✭✭The J Stands for Jay


    redmgar wrote: »
    Ok, Cheers. DO you know if that is in all circumstances?

    Certain types of pension are able to pay out if your expected to die soon. But then you won't be able to get a mortgage....


Advertisement