Advice

mtoutlemonde

I didn't get replies on the mortgage thread so I'll try here instead.

Firstly, don't shoot me down - am looking to inform myself.

I'm living at home and feel that it's time to get my own place. I come from a farming background so know that I have a site to build on. I have contacted my bank but didn't have my salary certificate at the time. Some background information: I'm a teacher on a fixed term contract for half hours and have the remainder made up of part time hours (these won't show on my salary certificate) meaning the 3.5 my salary won't get me much despite being on nearly a full salary. The other hours show up as 'substitute' which I was told could cause a problem. I have no loans and no erratic spending. I have been employed in substitute positions for the last number of years so I have a deposit saved. I was told that each mortgage would be case by case basis and the most I could probably secure is €150,000 - what kind of house can be built for that?

I have only tried my own bank but intend to contact a broker and another bank. Was looking at the rebuilding Ireland website and it looks the better option for me - are there disadvantages to this scheme? If a bank offers me €150000 does that rule me out of this scheme even if the house will cost more?

I don't know if I'm mad to even think that I can build a house but if I'm doing it- want to do it once as it will be my place for the rest of my days. Any advice?

airportgirl83

Maybe have a look at passive prefab houses e.g.

<snip>

mtoutlemonde

I was looking at the Scandinavian company - have you any experience with this company or any of the above for that matter?

airportgirl83

mtoutlemonde wrote: »

I was looking at the Scandinavian company - have you any experience with this company or any of the above for that matter?

Not yet, we are currently looking into this ourselves and researching different companies. Engineered timber is our preferred method.

Graham

Mod Note

Recommendations by PM please.

FYI OP, there are forums for construction and planning and construction prices that you may find of use.

mtoutlemonde

Graham wrote: »

Mod Note

Recommendations by PM please.

FYI OP, there are forums for construction and planning and construction prices that you may find of use.

Thanks for that - didn't want to post the same thing in both fora in case of breaking infringements- will put it in prices forum.

Graham

It’s probably not necessary for you to repost. Your questions (or close enough) have been asked umpteen times. Search is your friend.

mtoutlemonde

Graham wrote: »

It’s probably not necessary for you to repost. Your questions (or close enough) have been asked umpteen times. Search is your friend.

Have tried that - nothing recent.

Graham

Don’t try and find answers to 3 questions all at once.

Read the applying for a mortgage thread, the rebuilding Ireland thread and the gazillion building on a budget threads.