What is repayment capacity? Put simply, repayment capacity is your ability to demonstrate that you can pay a mortgage. Lenders want to ensure that you, as a borrower, will be able to make your planned repayments. Repayment capacity is different to affordability which is calculated as income and outgoings. Both

Getting a mortgage with bad credit is possible, but it can be harder. Irish lenders are very unforgiving about adverse information on your credit file. Firstly, your credit file is a register of any credit you may have from credit cards, loans, and even monthly insurance on your car. If

Buying a home can be an exhilarating yet daunting experience. No property will be perfect on all fronts, so there are many considerations buyers should keep in mind when viewing a property for the first time. At Mortgage123, we understand that many of you will be new to the market

Firstly, congratulations on getting this far to buying a house! You have managed to get your mortgage approval in principle, and found the perfect house. However, the journey is not over yet. Setting your heart on a property can be very exciting, but getting hold of your dream home takes

With the current property shortage and a record number of buyers, people are looking at every way to enter the property market. Buying at Property Auctions, especially online, now seems to be more frequent, and we are getting daily calls from clients to ask about the process. It is important

Mortgages Tailored for Public Sector More and more lenders are providing specialist public sector employee mortgages with crucial differences that can maximise your mortgage. Here at Mortgage123, we are “One Broker, All Banks” meaning we have access to lenders who are currently offering these specialised mortgages catered towards public sector

1. Welcome to the Fully Online, Paperless Mortgage Application Portal Here at Mortgage123, we are constantly looking for ways to innovate and improve the service we provide to mortgage applicants. The latest step in this direction is our new fast track mortgage approval service powered by Credit Logic.   The

Whether you are buying your first home or your second, saving for your mortgage deposit can be a challenging hurdle for most to overcome. With the new lending rules from Jan 2023, whether you are a first time buyer or a second time buyer, thankfully you now only need 10%

1. Home Improvement Loans for Your Renovation and Extension Plans If home improvements are already on your new year’s resolution list, read on. Is it that new kitchen, extra bedroom or conservatory? Renovations can be stressful but getting the finance doesn’t have to be. The first place to start would