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

buying a new build house

  • 21-11-2024 01:49AM
    #1
    chokzdgreat
    Registered Users, Registered Users 2 Posts: 28 ✭


    Hi good day. hope someone can help or give me an advice. me and my wife are planning to buy a new build house. we did a viewing couple of days ago and saw a very good house and id say the ideal for us. however currently we only have the 10% deposit for the house. if ever we decide to get it and pay the 10% all our savings will be exhausted but we are able to save up 2k plus a month its just i dont know when will the other fees be scheduled to be paid and im afraid we will end up being unable to pay for it. i know that there is stamp duty and solicitors fee but what i dont know is will it be paid like immediately? if its like after 5 mos i think we will be fine. we are afraid that someone will get the available house thats why we want to secure it. and lastly can someone be kind enough to share their timeline and expenses timeline of their house journey. thanks in advance and will greatly appreciate it.

    Tagged:


Comments

  • #2
    mike_2009
    Registered Users, Registered Users 2 Posts: 561 ✭✭✭mike_2009


    A credit union loan might be worth looking into - you'll have to lodge some shares but if you explain to them you short term need and ability to repay it might help you out short term? Check out when management fees are due also and any other day 0 items.



  • #3
    awec
    Administrators Posts: 54,929 Admin ✭✭✭✭✭awec


    Stamp duty and solicitors fees will be due upon closing. If the house is already built and ready to be handed over this could happen pretty quickly, really just as long as it takes for your bank to get the mortgage offer sorted and you to sign.

    Unless something was wrong this wouldn't be anything near 5 months.



Advertisement