Chris2806
2014-04-11 15:01:37
- #1
Hello everyone,
this topic has probably been discussed a lot already, but I think the situations are always a bit different... So here is my own contribution :)
My girlfriend (we have been together for about 6 years) and I would like to build a house. The building plot would be gifted to us by my girlfriend’s parents (how would this be legally best and most cost-effective, the plot is about 3,500 sqm).
I am 30 years old, my girlfriend is 25. We both have permanent jobs, I currently earn about €2350 net, my girlfriend about €1700 per month.
So much for the framework conditions.. :)
Since a large development area is to be built behind our building plot (a meadow behind my girlfriend’s parents’ house), and interest rates are currently quite low, we would like to build a house. My girlfriend is still attending evening school for another 2 years, where she is doing her technician qualification. Therefore, getting married is currently out of the question...
What are your experiences with loan approvals as an unmarried couple? Would we be at a significantly disadvantage? Currently, there is only a car loan with a remaining debt of about €10,000. Unfortunately, equity is hardly available :( About €15,000 + possibly [Bauriester]...
Would you rather advise us against building?
Many thanks for your help in advance :)
this topic has probably been discussed a lot already, but I think the situations are always a bit different... So here is my own contribution :)
My girlfriend (we have been together for about 6 years) and I would like to build a house. The building plot would be gifted to us by my girlfriend’s parents (how would this be legally best and most cost-effective, the plot is about 3,500 sqm).
I am 30 years old, my girlfriend is 25. We both have permanent jobs, I currently earn about €2350 net, my girlfriend about €1700 per month.
So much for the framework conditions.. :)
Since a large development area is to be built behind our building plot (a meadow behind my girlfriend’s parents’ house), and interest rates are currently quite low, we would like to build a house. My girlfriend is still attending evening school for another 2 years, where she is doing her technician qualification. Therefore, getting married is currently out of the question...
What are your experiences with loan approvals as an unmarried couple? Would we be at a significantly disadvantage? Currently, there is only a car loan with a remaining debt of about €10,000. Unfortunately, equity is hardly available :( About €15,000 + possibly [Bauriester]...
Would you rather advise us against building?
Many thanks for your help in advance :)