Home Buyers Guide

Chapter 7: Help, I can't afford to buy a home - what are my options?

Option 7: Home Choice Loan Scheme (cont)

To qualify for a Home Choice Loan applicants must:

• be a first time buyer (some exceptions may apply);

• earn more than €40,000

• be in permanent employment for two years or if self-employed be able to submit two years certified accounts;

• have proof of being unsuccessful in securing a sufficient mortgage from a bank or building society to buy a
home.

For more details, visit HomeChoiceLoan.ie

Option 8: Buy A House Far, Far Away (And Commute)

It's probably not what you want to hear, right?

But buying outside the city in the commuter belt is an option that more and more people have to go for, to buy their
first home.

Just one suggestion though. If you plan to buy in a town you don't know too well, it's vital to do your homework.

And one thing you must do, is to drive the commute in rush hour to see just how long it will take to get to and from work.

And whatever you do, when an estate agents says that the property is "35 minutes to the city centre" please take it with a pinch of salt.

< Previous Page | Next Page > | Contents Page | Download the Full 127 Page Home Buyers Guide

Search the Home Buyers Guide using Google: