First Time Buyer Mortgage

A First time buyer mortgage is your first step on the property ladder, with fixed and variable rate mortgage repayments your one step closer to owning your own first home.

Get Approval in Principle

6 mins to complete, no obligation

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Spotlight

3 important facts for every first time buyer mortgage

Your first step toward a mortgage? Knowing these three essentials is a must to start your journey.

90% Mortgage

You can borrow up to 90% of the value of the property you want to take out your first mortgage on.

4x Times

The maximum amount you can borrow is 4x times your income or combined income on a joint application.

FTB Grants

A number of financial grants for first time buyers exist in 2024, BUT they are restricted to new build houses only.

Application Process

Fast track your first time buyer mortgage application

Get expert guidance every step of the way with a dedicated broker, making your mortgage approval process faster and stress-free.

Complete our online fact check
1
Fill out a quick online form with basic details, including the type of mortgage you need, how much you want to borrow, and your income figures.
Get assigned a personal broker
2
We’ll assign you a dedicated broker who will be your main contact throughout the process, answering any questions and helping you choose the best home loan option.
Review the documents needed
3
We’ll arrange a call at your convenience to go over the documents you’ll need to provide, such as payslips, bank statements, and ID.
We submit your application
4
Once your paperwork is reviewed and you’re happy with the mortgage package, we’ll submit your application to the lender and keep you updated on its progress.
Draw down your mortgage
5
When your mortgage is approved, we’ll guide you through the final steps of drawing down the funds to purchase your new home.

Get Approval in Principle

"Would highly recommend to anyone looking for a stress-free mortgage experience!"

Becky Troy

Myths Debunked

The truth behind common first time buyer mortgage myths

Don’t let misleading myths about Irish home finance loans stand in your way. We debunk the most common misconceptions, separating fact from fiction!

Lenders want to see all your bank account statements, including Revolut.
Fact
My rent is not taken into account when I apply for a mortgage.
Myth
Banks in Ireland don't lend to mortgage single applicants.
Myth
Spending on the lottery weekly or gambling type sites gets you automatically disqualified.
Myth
You can be penalised for your spending habits when applying for a mortgage.
Fact
Once you have mortgage approval in principle you can take out other loans.
Myth

Broker Benefits

Compare all Irish lenders for the best repayment terms

Working with multiple Irish lenders to find the most competitive rates and flexible repayment options, tailored to suit your needs.

With

Wide Range of Products
Home loans & mortgage protection insurance
Personalized Service
Unbiased financial advice tailored to your personal circumstances
Customized Solutions
Self-employed, Expats & special cases welcome
Access to Exclusive Deals
Mortgage rates & options not available direct from retail lenders
Expert Market Knowledge
Every mortgage rate from all Irish lenders

vs

Traditional Mortgage Lender

Limited product range
Generic financial advice
Very limited loan solutions
Inflexible appointment times
Default bias to their products only
Frequent 'Computer-Sayes-No' attitude
No guarantee your getting the lowest rate
Single insurance option for mortgage protection
Averse to handling previous credit issues
Restrictive equity release & debt consolidation

Talk to a Mortgage Specialist

"Paul was invaluable not only for securing the right loan offer but also for our peace of mind"

Jeff McCabe

Frequently Asked Questions

Questions about first time buyer mortgages you didn't think to ask!

Truth is, you might have alot more questions and our experts can answer them all.

Who qualifies as a first time buyer in Ireland?

You qualify as a first time buyer in Ireland if you have NEVER drawn down a mortgage loan before in Ireland or another country.

Do both people need to be a first-time buyer?

No, only one applicant needs to be a first-time buyer to avail of a first time buyer mortgage in Ireland

What is Help to Buy (HTB)?

Help to Buy (HTB) is a tax rebate for first-time buyers of up to €30,000 or 10% of a newly built home's purchase price (or the approved valuation for self-builds), whichever is lower. This grant can significantly cover the deposit for eligible buyers.

Can you get Help to Buy (HTB) on a second hand home?

No, you cannot get Help to Buy (HTB) on a second hand home. Help to Buy is for new build properties only.

What to consider when choosing between a fixed or variable rate?

If rates are expected to rise, a fixed rate can offer stability. If rates may fall, a variable rate could save you money. Consider how much rates might change and choose a fixed rate if you're concerned about potential increases.

Is mortgage protection insurance compulsory in Ireland?

Yes mortgage protection insurance is required as a condition of drawing down your mortgage by your lender.

Is house insurance required when you draw down your mortgage?

Yes, you will need home insurance before you draw down your mortgage that comes into effect when you are the legal property owner.

Guides

Stay in the know with our guides

Empower yourself with the knowledge to make smart financial decisions. Our first time buyer mortgage guides are designed to educate and give you the confidence to navigate the mortgage process like a pro.