First Time Buyers
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biggest financial decisions
Buying your first home in Ireland is one of the biggest financial decisions you will ever make. Before you decide on your new home it is important that you do your homework.
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wide range of providers
There are a wide range of providers and mortgages across the market providing a vast selection of mortgages to choose from, and useful though it may be to have plenty of choice, it can leave you feeling completely daunted and confused.
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takes a number of months
Buying a home takes a number of months, as there are a number of different factors that need to be taken into account. We will discuss your personal circumstances with you, such as your income, outgoings, future plans and savings.
What we offer
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Mortgage and Protection advisory service
Affinity offers the complete mortgage advisory service tailored to meet our client's specific requirements
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Market based and objective advice
This ensures that we can offer market based and objective advice that is not influenced in any way by how much commission is offered by product providers.
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Most suitable product available
We work for you to ensure that you get the most suitable product available in the market that best meets your requirements. Our Fee Schedule and Terms of Business can be found at the bottom of this page.
Mortgage Checklist
There are many types of mortgages available on the market and it can be confusing to know which one is right for you. This checklist is a prerequisite for any mortgage
- Most recent EDS, your last 3 months payslips, salary completed by your employer
- Current account bank statements from the last six months, last transaction to be dated within two weeks of submission
- Saving statements for the last six months, as above
- Last annual mortgage statement
- Existing loans, last six months statements
- Current Address, Photo Identification e.g. Utility bills electric, gas etc and passport or driving license
- Application form & Lender Declaration
Government Schemes
If you are a first time buyer there are a number of supports available to you. Different initiatives help in different ways. Some make buying more affordable. Others help with refurbishment.
The Help to Buy scheme: if you are a first time buyer, this scheme can help you with a deposit for a new or self-build home. You receive a refund on income and DIRT tax paid in Ireland in the last four years.
The First Home scheme: for first time buyers, self-builders or those making a fresh start, this Shared Equity Scheme provides finance to help you bridge the gap between a deposit and mortgage, and the price of a new home. This Scheme takes a percentage ownership of your home, which you can buy back later.
The Local Authority Home Loan scheme: if you are a first time buyer or making a fresh start but have been unable to obtain finance from traditional mortgage providers, this scheme can assist you to buy or build a home. You can borrow up to 90% of the property's value.
The Vacant Property Refurbishment Grants scheme: purchasers of vacant or derelict properties can receive up to €70,000 to turn a vacant house or building into a permanent home or a rental property.
The Local Authority Affordable Purchase scheme: for first time buyers or fresh starters, Local Authorities are making new homes available for purchase at reduced prices through a shared equity model.
For more information see gov.ie - Doors Open