u/Eirngobragh

I've recently started a new role and I have a lengthy probation (12months). We are in the lucky position that we have substantial savings in our respective names which puts us in a position where my partner could potentially take out a mortgage herself. Combined with our savings, this would put us in a position of her buying a house by herself instead of having to wait a full year before I'm finished probation (there's no flexibility around probation, the 12 months are obligatory).

Is there any issue here that I'm overlooking here? Understandably a solicitor's concern would be that we would split but that's not a concern for us as marriage is on the horizon, at which point I believe we would have equal legal rights on the house.

Something that could also be tricky is the savings in my name being used towards the purchase of the house. I would imagine this could get legally sticky as these funds would likely be viewed as a gift/could be subject to taxation given this particular context?

I'd appreciate any input, if there's a way this is possible or if the best approach is to wait it out for the year and apply for a joint mortgage.

Lads I'd appreciate your input on this. I went to view this house (link below) off the cuff not expecting much but it completely caught me off guard by how much I like it. It has that old school charm that feels like it's a country road but it's bang smack in the middle of an urban environment. I'm familiar with the area and a fan of it given it's proximity to the city/coast/airport etc.

I've viewed plenty of houses in the north Dublin region but the level of work required and the semi soulless feel some of the houses have has put me off but I can't stop thinking about this property.

My thinking is if it could be purchased for a relatively low price in modern terms (say 350k) and be left with about 150k-200k worth of cash for renovation work, does that leave me in a better position than buying a standard 3 bed gaff for 500-550k? Or am I completely insane taking on the renovation of a house that's over 100 years old and all of the associated headaches? My intention would be to get a one stop shop contractor to manage the whole project to bring it up to scratch as well as avail of government grants around home energy upgrades.

Bearing in mind the mortgage would be comparatively lower by going down this route because the house itself would be considerably cheaper (350k vs 550k), so I'd be able to both put my own stamp on the place and be in less debt long term.

I'd be curious to see what people think i.e it has potential or run and never look back.

https://www.daft.ie/for-sale/house-7-artane-cottages-lower-malahide-road-artane-co-dublin/6559056