What do you need to get a MortgageSo what do you need to get a mortgage?
First-time buyer mortgages in Ireland
You can use our mortgage calculator to find out how much you can lend. Now you can fully request your mortgage online as part of our online application procedure. Regardless of the question, you can arrange a mortgage appointment with a mortgage advisor before you begin the formal procedure.
Not sure how much down payment you need to make to buy your first home? If you are a first-time buyer, you need a down payment of at least 10%, but the loan to value is a maximal 80% for a single room real estate. Let the roll, see how much you need to make a single payment and save today.
As soon as your payment has been made, you can request a basic sanction. In this case, your local banking institution will agree in general to grant you a mortgage on the basis of the information you provide. Do you need more information about what happens next? The First Time Buyer's Handbook describes the process from the first mortgage consultation to handing over the keys to your new home.
As we know, you are taking a big leap forward - and the whole mortgage request procedure may seem a little scary. We are here to give you all the information you need to get you on your way to a mortgage. The amount you can lend depends on what you can conveniently pay back each and every months.
Must be over 18 years old (otherwise you cannot endorse the agreement - which is the most important part of the process). Mortgage only for new owner-occupiers. Redemptions will be increased over the residual maturity of the loans. Mortgage clients who are not in difficulties financially. Redemptions will be increased over the residual maturity of the loans.
They have to take out household insurance (it is the law). Note that you will be fined if you breach the following conditions of your mortgage: if you take out a mortgage with a minimum of one year interest and choose to pay it back early (in full or in part), if you switch to a floating interest or if you switch to another one.
As an example, you have to withhold some resources for evaluation charges. They also have to pay the lawyer's costs, expert charges and stamping tax. An assessment of the real estate must be performed by an expert on our expert panels for housing properties. Should this take place more than four month before the desired date of drawing on the credit or paying the output stages, a revaluation will be necessary and will charge you 65.00 ?.
Your loans and refunds are denominated in euros. In the event that the denomination of (part of) your earnings or property that you wish to use to pay back the mortgage is not the European Central Bank (Euro) and/or you are living in a country of the European Economic Area (EEA) that is not part of the Eurozone, the mortgage will be a grant in a different denomination.