Time and time again we hear that building more houses is the solution to the housing crisis. However, buying a site and building your own house do not have the reputation of an adventure for the fainthearted. Still, this can be achievable if you are familiar with the process and
Mortgage rule changes leading to easing of mortgage lending limits will mark the start of 2023. The Irish Central Bank announced that mortgage borrowing limits were to be eased with the effects coming into practice in January 2023. It was something that is welcome on the backdrop of wages not
So, you are thinking of building your own house in Ireland. It may seem overwhelming and confusing to know how and where to begin the process. Unlike a standard mortgage, self-build mortgages are draw down in stage payments. These payments are spread over up to 18 months depending on the
The derelict house grant or the Vacant Property Refurbishment Grant was launched on 14 July 2022. We are getting enquiries for mortgages to purchase such properties. However, securing a mortgage for the purchase of a derelict/vacant building may not be straightforward. Furthermore, you have to be clear how the Grant
2022 was a testing year for many first time buyers looking to purchase a home in Ireland. Property prices were already at an all time high as a result of the high energy prices, Ukraine war and rising inflation and interest rates. However, there is some positive news. Q4 in
A year of lenders rising their rates and a lack of housing available to purchase. It’s been a tough one. The 2023 housing market predictions better be pleasant, we hear you say. What is in store for the new year? Will there be an increase in supply? Will there be
Difficult Properties to Mortgage: Unusual Property Types Difficult properties to mortgage may cause a huge deal of disappointment at the mortgage offer stage. Did you know that there are certain property types that are difficult to get a mortgage for? As a first-time buyer, it can be tempting to want
A First Time Buyers’ Guide To Mortgages: Step By Step Welcome to the Mortgage123 First Time Buyers’ Guide to Mortgages. With the mountain of information floating around on first time buyers, it can be difficult to wrap your head around the subject. Find it confusing? That’s why we have have
It can be confusing to know what housing schemes in Ireland are available or if you are eligible for them. It is important to do your research before you decide to purchase your dream home. You may discover you will receive cashback if you decide to purchase a vacant property