First Time Buyers

Our expert mortgage advisors will help you to find a mortgage that's right for you. We will advise you on the following key issues:

1

How much you can borrow

2

How much of a deposit you will need

3

Fixed and Variable rates

4

Flexible overpayments during a fixed term

5

Loan to income (LTI) exemption availability

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Frequently Asked Questions

The maximum Loan to Value mortgage is 90% of the value of the property.

No. A First time buyer can only purchase a property in which they intend to live in.

A variable-rate allows you to increase your repayments, use a lump sum to pay off all or part of your mortgage or re-mortgage without having to pay any fixed-rate breakage fees. However, because variable rates can rise and fall, your mortgage repayments can go up or down during the term of your loan.

A First Time Buyer can avail of the Help to Buy scheme when purchasing a new build property or when building a new self-build property.

With a fixed-rate mortgage, your interest rate and monthly repayments are fixed for a set time as agreed between the lender and borrower.

Certain lenders allow overpayments or lump sum payments whilst on a fixed rate.