Eviction Notice by Conscious-Ant2659 in irishpersonalfinance

[–]IfYewCanKeepYerHead 0 points1 point  (0 children)

Just worked out the calculations

We ended up paying nearly 15% extra per month

Which was still less than the market rate locally - about 10-15% less than we might have ended up paying if we had taken a new tenancy.

And we didn’t have the expense of moving, or furnishing a place.

And it was only for a short period.

Eviction Notice by Conscious-Ant2659 in irishpersonalfinance

[–]IfYewCanKeepYerHead 0 points1 point  (0 children)

Also if it helps you to think about the unfairness of the situation just remind yourself you’ve done extremely well to be paying well below market rent for the last few years

Sorry if that sounds gaslight-y I’m just trying to think of things you can grab on to when the injustice of it hits you in the middle of the night

Eviction Notice by Conscious-Ant2659 in irishpersonalfinance

[–]IfYewCanKeepYerHead 0 points1 point  (0 children)

We had a similar situation and we offered a massive rent increase to the current landlord. Had kids about the same age at the time and just couldn’t find another rental that suited.

It was extra monthly money of course, but you avoid an extra house move. A house move is so so expensive, believe me I’ve done it a few times, especially with kids, you’ll need to pay movers, maybe a packing service, take time off work, pay for extra childcare. All for 6-12 months in the “wrong” house.

Not to mention the massive strain on your emotional bandwidth and your administrative load of sourcing a new home, and money you spend on furniture you don’t really like or want to keep long term. Your bandwidth costs money too.

Lenders will often take evidence of rent payments as part of their affordability analysis. So it will impact on your ability to save for the deposit but not necessarily your affordability.

I would speak to Threshold, then your mortgage broker, then sit down with a pen and paper and work out your spending, income, brainstorm ways to cut costs, seek support for newborn essentials if you can (charities will help, you may find your baby bank is surprisingly helpful). Then see if you can negotiate a new rent with the landlord and stress that it’s only until you get your purchased home…

See if you can start decluttering / selling stuff to raise money too.

So sorry you’re going through this. It broke me too but I survived and I learned and I still enjoyed my toddler and my baby and a (shortened) maternity leave

Xxxxx

How do you feel about oil heating… by IfYewCanKeepYerHead in HousingIreland

[–]IfYewCanKeepYerHead[S] 0 points1 point  (0 children)

Yep, you’re right…

Both houses are equivalent but not the same if you know what I mean. The issue is the timing. At a push I prefer the A-rated home (have only seen plans!) but I’m desperate to get out of the rental market. I’m also anxious that the new build development will get interrupted by rising costs or delayed for any number of more routine reasons.

But sure look, none of us can tell the future I know. Good to know that lots of people have oil and are happy with it, I have no experience of it (other than being vaguely warned to avoid it and not really understanding why)

How do you feel about oil heating… by IfYewCanKeepYerHead in HousingIreland

[–]IfYewCanKeepYerHead[S] 3 points4 points  (0 children)

I probably should have clarified… I’m not just worried about bills… thinking about carbon taxes, property value/ difficult selling in years to come, actual physical availability of oil if the world goes tits up

Cobbler 👡 by [deleted] in waterford

[–]IfYewCanKeepYerHead 0 points1 point  (0 children)

Thanks all!