Mortgages

The mortgage market in Ireland has dramatically changed since 2006. No one can be absolutely sure that property prices have hit the floor, but it is generally accepted that prices have halved since then. We believe that 2012 is a great time to get into the property market but urge on the side of caution. Be patient and prepared to haggle, remember it is a buyers market. So whether you are a first time buyer, trading up or building a new home, we are here to help you through the process.

In the current climate the most frequently asked questions are:

• Will I qualify for a mortgage?
• How much will I qualify for?
• How much will it cost?
• Should I fix or is variable better?

We have arranged more than 2,500 mortgages since our inception in 1997. We know the pitfalls, the opportunities and the stresses that customers endure when dealing direct with banks or building societies. We can help you with all the necessary paperwork, managing your file from approval, to loan offer, to completion in an orderly fashion. In short we will ensure you get the keys to your new home without the hassle. We will help you with the management of your solicitor, engineer or architect as well as your auctioneer to make sure everything runs to schedule.

6 Easy Steps to getting your mortgage

1. Inquiry
Initial interview and gathering of information.

2. Approval in Principal
Loan approved in principal in 1 hour.

3. Property Search
Find a suitable property.

4. Applying for Full Approval
Submit all remaining outstanding documents to us so a full application can be made to your preferred tender.

5. Signing Contracts
This is done through your solicitor. Paying the deposit on your property which is normally 8-10% of the purchase.

6. Completion
Your written loan approval will include a number of standard conditions which must be satisfied before the lender will release your loan cheque. This will enable you to close on the property. These standard conditions include a satisfactory life Assurance Policy and Household Insurance Cover.

WARNING: YOU MAYBE HAVE TO PAY CHARGES IF YOU PAY OFF A FIXED RATE LOAN EARLY.

WARNING: YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP WITH YOUR MORTGAGE REPAYMENTS.