One of the most common ways to finance a property purchase is by means of a Bank Home Loan which can be obtained from all local Banks. In most instances, the bank will finance up to 90% of the purchase price and completion costs. You might also be able to benefit from better rates – especially for the first years and for high-value loans. Regarding repayments, the loan can typically be extended to be repaid over a period up to 40 years, or your retirement age, whichever comes first.
If purchasing your first property, the 3.5% stamp duty applicable on the first €150,000 of the property price has been wavered by the government as an incentive to help first-time buyers.
Which documents will you need to present?
Last 3 pay slips and FS3
Copy of Promise of Sale
Copy of ID cards
Character reference unless customer is already an account holder
Estimate of the property value
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.