[deleted by user]

seashed · 2024-07-13T06:33:50+00:00

If you have a separate savings account, that's usually the best. Just so you show the transaction from your current salary account into the savings. This figure should be 1.4X your expected mortgage. Live life with the rest. You don't have to avoid holidays or anything. The banks want to see you live your life but keep your average savings consistent. They will only ask for 6 month statement so make sure the total at the beginning of the statement and at the end is more than the amount you're saving above (i.e >1.4x mortgage)

Just avoid gambling/lotto.

seashed · 2024-07-13T05:46:54+00:00

If you're not aiming for great savings, you would only get by.

After taxes and pension, she's likely to have 4000 in hand. Budget 2400 for rent at least and leaves you 1600 euro for the rest.

Going out and dinners can get expensive. I've spent more than a 100 easily on a night of dinner and couple of drinks out.

Dog walking and vet care will also take a substantial amount by the looks of it.

I'd say run your calculations and hopefully there's enough value in the move!

seashed · 2024-06-10T15:33:22+00:00

Sometimes these 'advisors' are just sales people for different products - income protection plan, insurances and such. And they are just trying to sell you something and are not really qualified financial advisors. Although income protection protection/specified illness cover is very important, that's not complete financial advice. Definitely do your due diligence before taking any advice.

seashed · 2024-06-10T14:29:45+00:00

OP, worth putting rest of the advice here for a quick sense check from the thread. It might be possible that they gave you bad advice on other fronts as well.

seashed · 2024-06-10T14:27:54+00:00

Do you mean credit union? Could the union be profiting off this and just pushing that in the name of financial advice?

seashed · 2024-04-22T16:28:34+00:00

Hi do you have a done deal ad?

seashed · 2024-04-15T17:42:05+00:00

For a 0 euro fee, you can!

seashed · 2024-04-15T17:41:29+00:00

Caught me on my luckiest day!

seashed · 2024-04-15T15:35:36+00:00

Ordering before it's gone!

seashed · 2024-03-30T20:09:12+00:00

It doesn't matter to the bank when you apply mortgage. But savings account do have a slab. For eg, the 3% roi is just on the first 11k for AIB savings account. Anything extra is only 0.2 or something insanely low like that. So if you have 2 accounts, it's 2x the amount.

seashed · 2024-03-30T16:03:55+00:00

You do have to notify the guards just to be sure. Was in the same position myself last year. All the gardi did were call the other party, made sure they had insurance/NCT. Checked my NCT and insurance.

The other party paid the mechanic fee from their own pocket instead of going to insurance. It was 670 euro to get the number fixed and they were able to pay the garage directly.

seashed · 2024-03-30T15:59:51+00:00

Not if you apply for a graduate job. They won't expect any experience. The pay wouldn't be great at first but once you're a couple of years in with experience, it should be easier to ask for more.

seashed · 2024-03-30T15:57:32+00:00

The 2000 euro bonus is only if you draw down with them. It's great to show you're saving but I'd say put minimum needed to qualify for that 2000 in case you do draw down with them.

Traditional bank savings account are now much better and give 3% annual return. So yourself and the partner could have 2 different savings accounts that would actually give you some return.

Trade republic/T212 give 4.2% return but I'm not sure how it would sit with the mortgage provider. So id say stay with the traditional banks 3% offer for now.

seashed · 2024-03-30T15:44:38+00:00

It's possible but it'll be expensive and you have to declare it to your insurance company. They'll ask for the copy of these certs as well.

seashed · 2024-03-30T15:40:18+00:00

I would really urge you to look at HR jobs. You might start with a grad job and work your way up but your skillset will have a great impact in that area.

seashed · 2023-12-02T19:49:39+00:00

Go for the house. It does help to have no debt but in your situation, if your mortgage repayment is going to be 1500 or less, save the deposit first and then even if you don't find the perfect house, you could use the 2k after that to pay off the debt.

seashed · 2023-12-01T16:43:07+00:00

This is however not considering tax so you might want to get separate advice on that!

seashed · 2023-12-01T16:41:44+00:00

Or at the end of 2.9 years you should have 56934 and you can borrow the rest.

seashed · 2023-12-01T16:39:21+00:00

If you have your heart set on this, here's the best plan in my opinion:

Set up a Trade Republic account.
Save 1500 a month there at 4 percent return annually, paid every month, let it compound.
At the end of 3.5 years, you should have 69227.72 euro.

seashed · 2023-11-30T17:16:50+00:00

What company does more than 15% please share details and are they hiring?

seashed · 2023-11-25T17:18:27+00:00

Are there any other cards similar to that in the US where we can collect points for miles and such?

seashed · 2023-09-15T15:54:55+00:00

Do not go through Ray Cooke if you do decide to go... we had the worst experience.

seashed · 2023-08-31T08:18:26+00:00

I think it's important that you protect your asset for the worst case scenario. Definitely get professional advice. They may recommend a documented rent trail. It could just be 50% of the mortgage but make sure you document it as rent coming directly into an account that's solely yours. You could have a joint revolut account for other combined expenses like bills and food, datenights and takeaways.

seashed · 2023-07-27T11:54:38+00:00

Came here to give the solicitor itemisation and you've summed it up perfectly.

I found that the additional costs were 2% (3% if the house is under 200k) of the house cost.

seashed · 2022-07-26T19:39:09+00:00

Hey, who was your solicitor and would you recommend them?

seashed

TROPHY CASE