Worried I’ll not get on the property ladder anytime soon! Advice?
I’m 34F single, on 50k salary. My rent and fixed expenses are about €1000 p/m. Unfortunately I can’t move home to save more into a deposit. Have been looking at two bed apartments between Galway, Cork, Kilkenny, but the bidding war is crazy. I want to get a mortgage for 30 years, I’m worried I won’t get a property with my wage and the current overvaluation. Houses prices rose 10% last year and are projected to rise another 5/6 this year. I don’t see house prices coming down, but is this a different bubble? Should I wait it out for a year? I really don’t know what to do, I’m open to alternative options of living, modular homes, but I don’t feel they are a great investment.
Anyone else in this boat? Any advice or suggestions welcome 🙏
I’m 34F single, on 50k salary. My rent and fixed expenses are about €1000 p/m. Unfortunately I can’t move home to save more into a deposit. Have been looking at two bed apartments between Galway, Cork, Kilkenny, but the bidding war is crazy. I want to get a mortgage for 30 years, I’m worried I won’t get a property with my wage and the current overvaluation. Houses prices rose 10% last year and are projected to rise another 5/6 this year. I don’t see house prices coming down, but is this a different bubble? Should I wait it out for a year? I really don’t know what to do, I’m open to alternative options of living, modular homes, but I don’t feel they are a great investment.
Anyone else in this boat? Any advice or suggestions welcome 🙏