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Saving for a house at 39- comments from family getting me down

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Comments

  • Posts: 0 [Deleted User]


    bubblypop wrote: »
    I'm a single buyer and I'm approved for 5 times my salary.

    You know well you are in a more privileged position than most with a multitude of allowances, guaranteed increases, overtime and secure job so know that 5x approval is the very rare exception.

    Dunno why throwing it out there as if it is a regular thing is helping the OP


  • Posts: 18,749 ✭✭✭✭ [Deleted User]


    salonfire wrote: »
    You know well you are in a more privileged position than most with a multitude of allowances, guaranteed increases, overtime and secure job so know that 5x approval is the very rare exception.

    Dunno why throwing it out there as if it is a regular thing is helping the OP

    I dont have guaranteed increases or overtime, I don't know where you get that impression.
    Which btw, are not all accepted by all lenders.
    How would I know whether it's a rare exception or not? I'm merely telling the OP my experience.


  • Registered Users, Registered Users 2 Posts: 3,457 ✭✭✭Tork


    I lurk in the Accommodation and Property forum here. The 5 times thing isn't dished out like popcorn. Maybe our OP, if they're still reading, might get the 5 times their salary when the time comes. It'd be more prudent to operate on the basis that they'll get 3.5 times their salary.


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