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Can I use a loan to buy a house out right - I don't mean to use as a deposit

itchy83 · 2020-07-01 16:53:16

Hi, I have found a property I am interested in making an offer. It's an older house that needs a small bit of work to make it liveable, but has great potential for building on. It is advertised for in the region of €70. Yes it is in Ireland and I live in Scotland. I can't get a mortgage in Ireland until I live there for 6…

Comments

Dr_Crypto Posts: 1,211 Forumite

3 July 2020 at 2:58PM

If you ask they will say no. A £50k unsecured loan would be high but not known for high earners. Only you will know if you'll be able to meet the repayments.

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