Q I am a doctor employed by the HSE and my husband is a journalist (employee). Our combined income is €150,000 a year. I expect to qualify as a consultant in two-and-a-half years. We have saved €45,000. Given the housing crisis, we are not sure if we should keep saving, and buy when we know our permanent location, as I don’t know where I will get an appointment yet. Or should we buy now in Dublin, to get on the property ladder?
A You could borrow at least three-and-a-half times your combined income, which would be a loan amount of €525,000, said head of credit at online broker MyMortgages.ie Joe Sheahan.