Wherever you are in your home buying journey, we’re here to support you every step of the way. We know that buying your first home is a big decision and the mortgage process can seem overwhelming. That’s why we break down the mortgage journey for you so you can understand the different steps and the support available to you along the way from our dedicated mortgage team.
As a First Time Buyer you will need a deposit of at least 10% of the house price.
Use our Mortgage Calculator to check how much you could borrow and how much your monthly repayments would be.
Before you start the process of searching for your first home, chat to one of our mortgage consultants who can give you an idea of how much you can borrow. Book a mortgage appointment today and we’ll guide you through the process and prepare you for your search.
We’re here to support you with your mortgage application every step of the way.
Once the search for your first home is done, and you’ve found the perfect one for you, let us know.
Warning: If you do not keep up your repayments you may lose your home.
Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.
72 hours starts once your application is completed and submitted for credit assessment during business hours. Excludes weekends. If any documentation is missing or additional information is required to reach a credit decision, we will notify you which may impact the decision time. Lending criteria, terms and conditions apply. Security and Insurance is required. Product eligibility criteria applies. permanent tsb p.l.c. is regulated by the Central Bank of Ireland.
Every mortgage journey is different, but here's a general overview of timelines our customers experience and we look forward to supporting you every step of the way.
There are a number of easy ways to begin your application:
There are various documents you’ll need to complete during the application process. Read the full list of documents required here.
Every lender will look at various criteria before deciding whether to approve a mortgage. Some of the main factors that are taken into account are:
In all cases the primary focus is on your repayment capacity.
Central bank deposit rules require a 10% deposit for first time buyers. So if the value of your property is €300,000, you’d need a deposit of €30,000.
We’ve a range of deposits and savings account options to help you save for your deposit. Call into your local branch or take a look at what savings and deposits options we have available.
The maximum amount you can borrow depends on several factors such as your income and your capacity to repay your loan. For a guideline on how much you could potentially borrow check out our online Mortgage Calculator.
Your repayments will depend on how much you borrow, the term or length of your mortgage as well as the interest rate that you’re charged. See our handy online Mortgage Calculator for an indication of how much your monthly repayments might be.
A great opportunity for our existing variable and fixed rate customers to avail of our competitive suite of MVRs.
Learn more about how we set our variable mortgage interest rates in our variable rate policy statement (pdf, 116KB).
See here for our full list of fixed rates and managed variable rates.