Expert Guidance
We will advise you on the best options to suit your needs and we will work with you through the entire mortgage process. We deal with lenders with whom we hold agency agreements.
Your mortgage is the biggest financial decision you will make during your lifetime and therefore it is essential that you choose the right professional adviser to guide you through this process.
Warning: If you do not keep up your repayments you may lose your home.
Mortgages Types
- First Time Buyers
- Remortgage/Switching/Refinancing
- Movers/Trade up/Down
- Buy to let & Holiday Home Buyers
First Time Buyers
Ready to buy your first home? Knowing how to secure loan approval is really important as is getting the best deal. Jigsaw Financial Solutions Ltd will advise you on the best options to suit your needs.
You can borrow up to 4 times your salary.
Deposit required is 10%.
Remortgage/Switching/Refinancing
Refinancing, remortgaging or switching means paying off an existing mortgage and taking out a new one. Homeowners may choose to refinance for any number of reasons, including lower the interest rate on their existing mortgage, change a loan type, own their home faster, take advantage of equity in their homes.
You can borrow up to 3.5 times your salary.
Movers/Trade Up/Down
Is it time for your next move? Moving home is a big decision. Whether you’re up-sizing or downsizing, or simply moving to a new area, we’re here to help.
You can borrow up to 3.5 times your salary.
Deposit required is 10%.
Buy to Let & Holiday Home Buyers
Finance can be arranged for buy to let and holiday homes. Holiday homes can avail of home loan interest rates.
You can borrow up to 3.5 times your salary.
Deposit required is 30% for Buy to Let & 35% for Holiday Homes.
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.
Documents required for Mortgage Application – PAYE
- Bank statements for all accounts for the last six months.
- Credit Card statements for the last six months.
- Payslips for the last three months.
- Employment Details Summary for previous year.
- Proof of ID – copy of Passport or Driving License.
- Proof of Address – Utility bill dated within last six months.
Documents required for Mortgage Application – Self-Employed
- Bank statements for all accounts for the last six months.
- Credit Card statements for the last six months.
- Two years accounts, Form 11, Chapter 4 Self Assessment, and tax clearance cert.
- Proof of ID – copy of Passport or Driving License.
- Proof of Address – Utility bill dated within last six months.
Costs Associated with the Mortgage
Valuation fee
Broker fee
Solicitor Fee
Insurance Cost
Stamp Duty
1% of the purchase price up to €1M, 2% thereafter.
Structural Survey Cost
(where applicable)
Costs Associated with the Mortgage
Valuation fee
Broker fee
Solicitor Fee
Insurance Cost
Stamp Duty
1% of the purchase price up to €1M, 2% thereafter.
Structural Survey Cost
(where applicable)
Schemes
Help to Buy
First Time Buyers can avail of an incentive offered by Revenue when looking to purchase their first property. There are few conditions that must be satisfied when applying. With this Scheme applicants can get up to maximum of €30,000. Incentive is currently available up until 31 December 2029.
To claim Help to Buy you must:
- be the first-time purchaser at the time of the claim
- purchase, or self-build, a qualifying property between 1 January 2017 and 31 December 2029
- live in the property as your main home for five years after you purchase or self-build
- be tax compliant. If you are self-assessed, you must also have tax clearance
- take out a mortgage on a property with a qualifying lender. The mortgage must be at least 70% of the purchase value of the property or approved valuation, in case of self-build.
You can find more information on Help to Buy Scheme directly on Revenue Website.
First Home Scheme
The First Home Scheme was established in July 2022 to help first-time buyers and first-time self-builders to buy or build a new home. It is also available to those who qualify under the ‘Fresh Start Principle’ and to tenants looking to purchase the home they are renting as their landlord is putting the property up for sale. It is what’s known as a shared equity scheme. This means that homebuyers and self-builders can receive funds from the Scheme in return for the FHS taking a percentage ownership in the property.
To be qualified for the Scheme, you must:
- Be over 18 years of age.
- Be a first-time buyer or other eligible homebuyer.
- Have Mortgage Approval with Participating Lender (AIB, EBS, Haven, BOI or PTSB).
- Borrow the maximum amount available to you within the standard Central Bank lending rules from one of the participating lenders.
- Not be availing of a Macro Prudential Exception (MPE) with a Participating Lender.
- Have a minimum deposit of 10% of the property purchase price or build cost (for self-builds, equity in your site can contribute to your deposit.)
- The property must be your Principal Private Residence and must be a house or apartment in a private development (or on a site in your own name, for a self-build).
- The property must be within the local authority property price ceiling for the property type (property price ceilings differ from Local Authority to Local Authority)
- The property must be a property in a private development OR on a site in your name in the Republic of Ireland.
The First Home Scheme can fund up to 30% of the property purchase price or build cost (for self-builds). This amount is reduced to 20% if you are availing of the Help to Buy Scheme (HTB). The minimum equity share is 2.5% of the property purchase price or build cost (for self-builds), or €10,000, whichever is higher.
You can find more information on First Home Scheme directly on their website.
Affordable Purchase Scheme
Affordable Purchase Scheme is designed to help you bridge the gap between what you can afford to pay and the price of your new home. In return, the local authority will take a percentage equity share in the home equal to the difference between the open market value of the home and the reduced price paid by you, the purchaser.
To find out more about the scheme, if you are eligible, how to apply and to check available properties please visit their website HERE
From our very first conversation right through to closing on our new home, they have been absolutely amazing every step of the way!
We cannot thank Lorraine and Gosia enough – from our very first conversation right through to closing on our new home, they have been absolutely amazing every step of the way! Lorraine and Gosia were incredibly informed and their advice and guidance navigating our mortgage application, understanding our life cover needs and shortfalls, and the options available to us, was invaluable.
– Denise Allen & Jake McLoughlin
Say Hello to get Started
We will review your current financial position, listen to what you want to achieve and provide
you with expert, impartial advice tailored to your individual needs and circumstances.
Other Services
Mortgages
First-Time Buyers, Re-Mortgage/ Switchers, Buy to Let & Holiday Homes.
Protection Products
Life assurance, mortgage protection, serious illness & income protection cover.
Pensions & Retirement
Pension & retirement options designed for you.
