The following is a breakdown of what you need to get a mortgage.
• You must have full-time permanent employment for at least 12 months
• You must have 20% of the price plus your costs – this will be around 3% of the price. First-time buyers only need a 10% deposit for the first €220,000 of their property's cost. Lenders want to see that you have saved regularly over an approximate period of about two years to build up your deposit
• You must have a good credit rating. Credit checks will reveal whether you repaid previous loans or missed payments, while regular savings will also have a bearing
• You must have 20% of the price plus your costs – this will be around 3% of the price. First-time buyers only need a 10% deposit for the first €220,000 of their property's cost. Lenders want to see that you have saved regularly over an approximate period of about two years to build up your deposit
• You must have a good credit rating. Credit checks will reveal whether you repaid previous loans or missed payments, while regular savings will also have a bearing
