If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Loan on sw

irishguy · 2014-01-12 15:18:08

I am guessing the answer to this, but would anyone know if it's possible for someone on social welfare to borrow to buy a house? They would be getting a 55k inheritance and would be looking to borrow 15k for the place over say 10 years. Which would be about the same as the social welfare rent contribution, of around €150…

Options

12-01-2014 4:18pm

#1

irishguy

Registered Users Posts: 3,299 ✭✭✭

Join Date: June 2001

Posts: 2602

I am guessing the answer to this, but would anyone know if it's possible for someone on social welfare to borrow to buy a house? They would be getting a 55k inheritance and would be looking to borrow 15k for the place over say 10 years. Which would be about the same as the social welfare rent contribution, of around €150 per month. I was thinking about the credit union.

0

Comments

Options
#2 12-01-2014 6:45pm
phormium

Registered Users Posts: 3,340 ✭✭✭

Join Date: February 2008

Posts: 3305

Credit Union would be your only hope and would depend on the individual CU's policies.

0