FabSwingers.com forum: Anyone want to share a mortgage?

By *intyballs OP Man
7 weeks ago

Meath

Is there anyone in my situation?

I'm nearly 39 and living with my parents ( I know what a loser) .

But I don't want to piss away rent money because my parents have room and I pay my way ( bills, food etc) and save money.

But just stuck in a rut and can't get out don't earn enough for a mortgage by myself and earn too much for a council house 🤦

Just so sick of it

and sorry I am lucky to have my parents .

I know people in a lot worse situations homeless with kids it's so sad .

Just having a rant ( aw poor me 😂)

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By (user no longer on site)
7 weeks ago

I lived in a barge on the canal for a decade before getting my home, very cheap to do so.

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By *affa31Woman
7 weeks ago

Galway

"Is there anyone in my situation?

I'm nearly 39 and living with my parents ( I know what a loser) .

But I don't want to piss away rent money because my parents have room and I pay my way ( bills, food etc) and save money.

But just stuck in a rut and can't get out don't earn enough for a mortgage by myself and earn too much for a council house 🤦

Just so sick of it

and sorry I am lucky to have my parents .

I know people in a lot worse situations homeless with kids it's so sad .

Just having a rant ( aw poor me 😂)"

I feel your pain.

Trying to buy a house as a single person is soul destroying. Even if you’re mortgage approved, there’s nothing within budget!

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By *eturning MGMan
7 weeks ago

mayo galway roscommon sligo....West Of Ireland

Location, location, location. 🤷‍♂️

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By *ubadubdubWoman
7 weeks ago

Hereabouts

"Is there anyone in my situation?

I'm nearly 39 and living with my parents ( I know what a loser) .

But I don't want to piss away rent money because my parents have room and I pay my way ( bills, food etc) and save money.

But just stuck in a rut and can't get out don't earn enough for a mortgage by myself and earn too much for a council house 🤦

Just so sick of it

and sorry I am lucky to have my parents .

I know people in a lot worse situations homeless with kids it's so sad .

Just having a rant ( aw poor me 😂)"

It is a balls. Yes there are worse off but that doesn't negate your own frustration. Occasional vents are allowed!

And don't call yourself a loser, since it's a series of economic events that created this situation, like all the unfinished estates being sold to vulture funds etc.

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By *otownkid1967Man
7 weeks ago

Portlaoise

"Is there anyone in my situation?

I'm nearly 39 and living with my parents ( I know what a loser) .

But I don't want to piss away rent money because my parents have room and I pay my way ( bills, food etc) and save money.

But just stuck in a rut and can't get out don't earn enough for a mortgage by myself and earn too much for a council house 🤦

Just so sick of it

and sorry I am lucky to have my parents .

I know people in a lot worse situations homeless with kids it's so sad .

Just having a rant ( aw poor me 😂)

It is a balls. Yes there are worse off but that doesn't negate your own frustration. Occasional vents are allowed!

And don't call yourself a loser, since it's a series of economic events that created this situation, like all the unfinished estates being sold to vulture funds etc.

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By *og-ManMan
7 weeks ago

somewhere

Dont call yourself a loser .....its the government that's let you down and everyone else in your situation

The social contract is well and truly broken over the last 20 years

In my dads day you got married at 21 , bought a house and had kids on one wage

In my day got married at 25 , bought a house and had kids on two wages

Now most people can't do any of that and it's not down to you.

No answers for you but try not to let it get you down

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By *runchMan
7 weeks ago

Dublin

Increase your income and/or make the sacrifices to maximise mortage amount/deposit.

I am a singleton who recently bought a house in Galway and hoping to buy an apartment in Dublin in next couple of years.

Prospective home owners who direct rage towards immigrants, vulture funds etc. as to why they cannot purchase a property is pointless - wasted energy that will not get them any closer to their goal.

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By *allyWally19Woman
7 weeks ago

The Road to Nowhere

I feel your pain.

Trying to buy a house as a single person is soul destroying. Even if you’re mortgage approved, there’s nothing within budget!

FACT! And the bidding wars start & it's just painful seeing the place you thought was going to be yours just slip away

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By *oo32Man
7 weeks ago

tipperary

"Is there anyone in my situation?

I'm nearly 39 and living with my parents ( I know what a loser) .

But I don't want to piss away rent money because my parents have room and I pay my way ( bills, food etc) and save money.

But just stuck in a rut and can't get out don't earn enough for a mortgage by myself and earn too much for a council house 🤦

Just so sick of it

and sorry I am lucky to have my parents .

I know people in a lot worse situations homeless with kids it's so sad .

Just having a rant ( aw poor me 😂)"

I don't see an issue with where ya are,your saving and your prob giving your parents a hand aswell

Wait...you'll see/find something within range,keep saving

The other side is...you could be living in an overpriced house up to your neck in debt...

Keep going,your doing fine

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By *innerboy86Man
7 weeks ago

on the border

"Is there anyone in my situation?

I'm nearly 39 and living with my parents ( I know what a loser) .

But I don't want to piss away rent money because my parents have room and I pay my way ( bills, food etc) and save money.

But just stuck in a rut and can't get out don't earn enough for a mortgage by myself and earn too much for a council house 🤦

Just so sick of it

and sorry I am lucky to have my parents .

I know people in a lot worse situations homeless with kids it's so sad .

Just having a rant ( aw poor me 😂)"

Im in the same situation with the added bonus of every second house in donegal is basically made out of wheatabix was renting until Feb but it was unsustainable and became either give up my car or move back home

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By *emonbuttercreamWoman
7 weeks ago

Birmingham

I'm so sorry. I can really relate, it's so fucking painful and so many people have no sympathy. But it feels never ending and so miserable seeing no way out. I hope something works out for you.

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By *rystalsswingCouple
7 weeks ago

Up the Road / Galway/ Midlands

I usually steer clear of threads like these. But I really feel for people in similar situations.

When our kids come up, hopefully we will live in a better Ireland.

But if not, I'll be advising them to take their degree or trade somewhere it will be appreciated.

Party for a couple of years and then put your heads down, drive a shitty car, rent a nice but not expensive apartment and save!

It's the only way you will buy a home in Ireland if you don't have money behind you.

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By *oo32Man
7 weeks ago

tipperary

The last time house prices dipped so did the whole economy

Places that were making between 200k to 230k sold for between 40-50k

Wages are decent enough at the min...but everything from food to furniture seems expensive..

Even if the rent was capped properly it might help

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By *rystalsswingCouple
7 weeks ago

Up the Road / Galway/ Midlands

We are educating the finest of the fine.

And most of them are fucking off, I wouldn't blame them 🤷‍♀️

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By *oo32Man
7 weeks ago

tipperary

"We are educating the finest of the fine.

And most of them are fucking off, I wouldn't blame them 🤷‍♀️"

There seems to be a better work/life balance than there is here...

And more is thought of you in work

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By *rystalsswingCouple
7 weeks ago

Up the Road / Galway/ Midlands

"We are educating the finest of the fine.

And most of them are fucking off, I wouldn't blame them 🤷‍♀️

There seems to be a better work/life balance than there is here...

And more is thought of you in work"

The work life balance is amazing where we were but we are home now

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By *rystalsswingCouple
7 weeks ago

Up the Road / Galway/ Midlands

So its shit!

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By *ka ..Agent k ..Man
7 weeks ago

nobody said it was easy,, on route to .

No thankyou, I got outa the sauce pan and ant popin in the pan.🤔

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By *r_Insatiable666Man
7 weeks ago

Cork

Gary economics does a very simple and educational opinion on this. Basically houses aren't homes but assets now. People wanna blame immigrants but they won't blame anyone who owns hundreds of houses. It's easier to blame people beneath than above.

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By *inkywife1981Couple
7 weeks ago

A town near you

I despair for my kids, I don't see any change to the current situation.

For the OP I wouldn't advise getting bogged down at the age of 39 with a mortgage that you would be paying till you retire.

Stay where your are and pay what you can afford into a pension and when you retire consider moving to Thailand and buy or rent a nice pad out there and see out your days in the sun

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By *ild WomanWoman
7 weeks ago

carlow

If have roof over your head and get on with parents great. If I lost my place and renting I have no where to go. Parents drive me mad and X still has house. I can't even share a place because I'm so antisocial now from living on my own.

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By *otownkid1967Man
7 weeks ago

Portlaoise

I suppose I'm lucky in that I bought my house at rock bottom in 2014. But for my kids who have decent jobs,it's highly unlikely that they will ever be able to afford a house of their own unless either the ex or myself die. So to the OP, I'd say that you are in a very large percentage of people living with family. It might not be ideal but you have a roof over your head and working. Make the best of what you have.

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By *onny1969Man
7 weeks ago

local

Put your name on the help to buy scheme, you get to buy your house with councils help and you can use the 3years tax rebate as your deposit. I know of 4 lads in my job that bought house in last 18 months on their own

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By *OTSOSUBTLEMan
7 weeks ago

DUBLIN

Share it! I'll give it to you!

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By *traight sligoguy67Man
6 weeks ago

sligo

"Is there anyone in my situation?

I'm nearly 39 and living with my parents ( I know what a loser) .

But I don't want to piss away rent money because my parents have room and I pay my way ( bills, food etc) and save money.

But just stuck in a rut and can't get out don't earn enough for a mortgage by myself and earn too much for a council house 🤦

Just so sick of it

and sorry I am lucky to have my parents .

I know people in a lot worse situations homeless with kids it's so sad .

Just having a rant ( aw poor me 😂)

I feel your pain.

Trying to buy a house as a single person is soul destroying. Even if you’re mortgage approved, there’s nothing within budget!

I bought a house 6 years ago as a single person, luckily bought at the right time and keptmy mortgagemanageable, I feel for anyone trying to buy at the minute,prices are absolutely shocking.

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By *rialbyfire1235Man
6 weeks ago

South KK

My plan is to buy the cheapest rural kip that I can and then park an American style motor home on the driveway. Council Planning department can’t do anything about that as it’s on wheels.

Then renovate the house at my leisure.

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By *oo32Man
6 weeks ago

tipperary

"My plan is to buy the cheapest rural kip that I can and then park an American style motor home on the driveway. Council Planning department can’t do anything about that as it’s on wheels.

Then renovate the house at my leisure."

If ya but a derelict house...the dereliction grant is up to 70k..

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By *oo32Man
6 weeks ago

tipperary

There's a boom at the min...materials costs,labour etc

house prices are mental,bidding wars etc

And like all booms there will be a slowdown

Bide your time,

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By *oo32Man
6 weeks ago

tipperary

"So its shit!"

Well mine has improved dramatically in the last few years

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By *rialbyfire1235Man
6 weeks ago

South KK

"There's a boom at the min...materials costs,labour etc

house prices are mental,bidding wars etc

And like all booms there will be a slowdown

Bide your time,"

I don’t think we’ll see another 2008 style crash but who knows!? Nobody said that would happen either!

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By *aybeLadyWoman
6 weeks ago

West Dublin

Sorry to hear you are stuck OP. I would imagine there are a lot of people in your situation.

I think there are a lot of people in a lot of very difficult housing situations in Ireland at the moment, myself included.

I am in the 'homeless with kids' category. This is due to circumstances thrust upon me unfortunately.

I honestly do not know how the housing crisis here is going to get resolved.

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By *og-ManMan
6 weeks ago

somewhere

"There's a boom at the min...materials costs,labour etc

house prices are mental,bidding wars etc

And like all booms there will be a slowdown

Bide your time,

I don’t think we’ll see another 2008 style crash but who knows!? Nobody said that would happen either! "

I'd love to see a house price crash to enable people to get on the property ladder but then what happens to those who bought in the last few years

Haven't a clue how to solve this crisis but no matter what the government does it doesn't seem to help at all

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By *oo32Man
6 weeks ago

tipperary

"There's a boom at the min...materials costs,labour etc

house prices are mental,bidding wars etc

And like all booms there will be a slowdown

Bide your time,

I don’t think we’ll see another 2008 style crash but who knows!? Nobody said that would happen either! "

I don't think it'll be as bad as 2008,but there'll be a slow down

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By *P_80Man
6 weeks ago

Waterford

What really bugs me is that your rent history has no bearing on a mortgage application.

In over two decades of renting, I've been behind once after I lost my job in 2009. In the twelve years living where I am now I've never missed the weekly rent.

The irony being that a mortgage would probably be easier for me to pay.

But because I don't have x amount of savings, which is almost impossible now when you're renting, I don't qualify.

There's always Only Fans I suppose.

I wonder is there a fetish for my unusually large big toes.

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By *intyballs OP Man
6 weeks ago

Meath

Thanks for all of your opinions and advice on this peeps 😁

Some sad stories and some very helpful ones too thanks again 👍

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By *reentrevorMan
6 weeks ago

wexford

It is a rough situation.

The important thing is not to see yourself as a "loser" because of the situation you find yourself in. You are a just another 'product' in a consumerist society that has bought in.

Until as a society we see homes as Homes and not a money making racket nothing will change, that is on us all, not just the government, it is the system.

IMHO

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By *artyHardMan
6 weeks ago

North Coast

I don’t mean to sound like a dick here but I wouldn’t recommend getting a mortgage at 39, by the time you’ve it paid off you’ll have little life left to enjoy. I hope I’m wrong and we all live long and healthy lives.

Your best bet is to move abroad if you want to get on the property ladder. That being said I’m sure your parents like having to around and helping with the bills. Good luck OP

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By *affa31Woman
6 weeks ago

Galway

"I don’t mean to sound like a dick here but I wouldn’t recommend getting a mortgage at 39, by the time you’ve it paid off you’ll have little life left to enjoy. I hope I’m wrong and we all live long and healthy lives.

Your best bet is to move abroad if you want to get on the property ladder. That being said I’m sure your parents like having to around and helping with the bills. Good luck OP "

You don’t have a hell of a lot of choice if you want to stay in Ireland. No one is going to be able to pay rent on a pension so it’s buy or be in serious trouble. I’d rather buy now and be paying it off as I come to retirement age.

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By *inkywife1981Couple
6 weeks ago

A town near you

Your best bet is to move abroad if you want to get on the property ladder. That being said I’m sure your parents like having to around and helping with the bills. Good luck OP

I appreciate not everyone wants to retire abroad to warmer climates but I would definitely advocate paying as much as the OP can afford into a private pension and considering retiring to a cheaper country. I know a few (couples) considering the Philippines and Thailand as the cost of living such as rent and buying is so much cheaper.

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