Trying Times
Apr. 20th, 2018 02:49 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
hawkwing_lbTrying to buy a house with my beloved fiancée is a stressful and involved process.
We got engaged. We then immediately started looking to buy a house, because she'll have to move out of her current situation within the next three to six months anyway.
In the past two weeks, I have spoken to six estate agents and an equal number of solicitors' offices; arranged meetings with a mortgage broker and a bank mortgage advisor (we saw the latter today), got approximate quotes from the solicitors and a couple of surveyors, and seen eight houses, with seven more to come this weekend.
We have also gone through our finances with a fine tooth-comb, made an approximate budget of joint expenses excluding accommodation so that we know what we can afford to pay in terms of monthly repayments, and talked each other back from utter panic no less than four times each.
Basically, in financial terms, we could purchase a property for about €200,000 and pay €700 per month in repayments. Renting a similar property (any property with a market value around €200,000) would start at €1,200 per month.
That really makes the effort of trying to buy worth it in the long run, but right now I'm trying to avoid eternal screaming. The whole process is taking 150% of my cope.
We got engaged. We then immediately started looking to buy a house, because she'll have to move out of her current situation within the next three to six months anyway.
In the past two weeks, I have spoken to six estate agents and an equal number of solicitors' offices; arranged meetings with a mortgage broker and a bank mortgage advisor (we saw the latter today), got approximate quotes from the solicitors and a couple of surveyors, and seen eight houses, with seven more to come this weekend.
We have also gone through our finances with a fine tooth-comb, made an approximate budget of joint expenses excluding accommodation so that we know what we can afford to pay in terms of monthly repayments, and talked each other back from utter panic no less than four times each.
Basically, in financial terms, we could purchase a property for about €200,000 and pay €700 per month in repayments. Renting a similar property (any property with a market value around €200,000) would start at €1,200 per month.
That really makes the effort of trying to buy worth it in the long run, but right now I'm trying to avoid eternal screaming. The whole process is taking 150% of my cope.
