Frequently Asked Questions
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FAQs
A Mortgage Advisor focuses on arranging your mortgage. They’ll assess your eligibility, compare mortgage products from lenders, and help you secure the loan.
A Financial Advisor looks at the bigger picture. We help you save for your deposit, plan your finances to afford repayments, understand the tax implications, and decide the best options for your long-term goals. We complement the work of a mortgage advisor by ensuring your overall financial plan is sound and we provide independent mortgage guidance and work with mortgage advisors without bias.
In Ireland, buyers usually require a deposit of 10% of the property price. Whilst there are government supports for certain types of properties it is generally a good habit for individuals. On top of this, you should budget for stamp duty, legal fees, surveys, and moving costs.
We help clients set up structured savings plans, maximise tax-efficient savings options, and cut unnecessary costs so you can build your deposit quicker. We give you best in class savings accounts including those with the various banks offering rates of 3% per annum interest.
Yes. The Help-to-Buy scheme and the First Home Scheme are designed to support first-time buyers in Ireland. We’ll explain how these work and whether you’re eligible.
Most banks lend up to 4 times your annual gross income, but this varies. Some exceptions allow higher multiples. We can help you assess affordability and ensure your mortgage fits within your financial plan.
Beyond your deposit, you’ll need to factor in stamp duty, solicitor’s fees, valuation and survey costs, moving expenses, and home insurance. These can add up to several thousand euro.
Yes. Mortgage protection is a legal requirement when you take out a mortgage on your private home. It is a life policy to cover the outstanding balance if you die during the mortgage term. We’ll help you secure cover at the best possible cost with maximum discount applied across all the providers in the market.
Most use a 3 year’s accounts averages out.
Yes they are but the shared equity scheme may include certain second time buyers.
Yes, You need a minimum of 2 years accounts.
Keep your cash. Building up cash gives you more opportunities.
Some charge an upfront fee but all get paid (typically 1% of the property value) from the bank the mortgage is placed with.
General rule of thumb is use 5% of the purchase price. So €12,500 on €250,000.
It depends – Are you taking advantage of limits on pension/ cleared off loans and funded appropriately for children’s education funds? If so might be an option for some of a lump sum.
A Mortgage for €350,000 will cost typically €1,500 per month. Banks generally stress test by 20% so realistically €1,800 p.m. is a good amount to save.
The key thing to remember is you need to prove you can repay the mortgage. Having a savings record and capacity from your income is really important.
A Mortgage Advisor focuses on arranging your mortgage. They’ll assess your eligibility, compare mortgage products from lenders, and help you secure the loan.
A Financial Advisor looks at the bigger picture. We help you save for your deposit, plan your finances to afford repayments, understand the tax implications, and decide the best options for your long-term goals. We complement the work of a mortgage advisor by ensuring your overall financial plan is sound and we provide independent mortgage guidance and work with mortgage advisors without bias.
In Ireland, buyers usually require a deposit of 10% of the property price. Whilst there are government supports for certain types of properties it is generally a good habit for individuals. On top of this, you should budget for stamp duty, legal fees, surveys, and moving costs.
We help clients set up structured savings plans, maximise tax-efficient savings options, and cut unnecessary costs so you can build your deposit quicker. We give you best in class savings accounts including those with the various banks offering rates of 3% per annum interest.
Yes. The Help-to-Buy scheme and the First Home Scheme are designed to support first-time buyers in Ireland. We’ll explain how these work and whether you’re eligible.
Most banks lend up to 4 times your annual gross income, but this varies. Some exceptions allow higher multiples. We can help you assess affordability and ensure your mortgage fits within your financial plan.
Beyond your deposit, you’ll need to factor in stamp duty, solicitor’s fees, valuation and survey costs, moving expenses, and home insurance. These can add up to several thousand euro.
Yes. Mortgage protection is a legal requirement when you take out a mortgage on your private home. It is a life policy to cover the outstanding balance if you die during the mortgage term. We’ll help you secure cover at the best possible cost with maximum discount applied across all the providers in the market.
Most use a 3 year’s accounts averages out.
Yes they are but the shared equity scheme may include certain second time buyers.
Yes, You need a minimum of 2 years accounts.
Keep your cash. Building up cash gives you more opportunities.
Some charge an upfront fee but all get paid (typically 1% of the property value) from the bank the mortgage is placed with.
General rule of thumb is use 5% of the purchase price. So €12,500 on €250,000.
It depends – Are you taking advantage of limits on pension/ cleared off loans and funded appropriately for children’s education funds? If so might be an option for some of a lump sum.
A Mortgage for €350,000 will cost typically €1,500 per month. Banks generally stress test by 20% so realistically €1,800 p.m. is a good amount to save.
The key thing to remember is you need to prove you can repay the mortgage. Having a savings record and capacity from your income is really important.
