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biscuitbrains

Buying A House In Ireland, Best Way To Pay Query?

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Hello we are in the process of buying a house in republic of ireland, and moving out of the uk, we should be recieving the survey results etc by the end of the week, and if all is okay was wondering what is the best way to pay for this house which is 50,000 euros. Whats the best way to exchange our sterling into euro to buy this property, not sure how to go about it. Pay by cheque? or perhaps pay in sterling? Does it have to go through a bank? Never bought a house before let alone overseas and in a different currency. We are buying the house outright, not getting a mortgage, and there is no chain involved.

Just confused about what channels we have to go through for the transfer of the money. Dealing with the bank seems to be a pain in the **** as we seem to need a "eurocheque" which of course incurs charges and takes over a week to clear, any advice on this would be of much help.

Edited by biscuitbrains

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I was going to say that but thought it might upset the OP. With the burden on the taxpayer getting bigger every day --the need for health insurance -- and the risk of Ireland sinking under the weight of banking debt --it wouldn't be my first choice.

I was wondering where he had managed to find one for only 50K

Even with the drops of the last two years most places are still five times that

tim

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Why the fk would anyone be buying a house in RoI at the moment?

thanks for your concern, but don't worry, all the above is checked out and sorted, just wanted to inquire if anyone had any information on the original question about transfering the money (different currency) for the purchase, what would be the best, safest and fastest way of doing this?

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  • 150 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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