Free Mortgage Assessment

As always we’re here to discuss your circumstances, assess your needs and see which Lender across our entire agency portfolio can best support your requirements. We offer a FREE mortgage assessment and review. All you need to do is email us on [email protected]. We encourage all home owners to look for the best value mortgage to suit their circumstances. If you want to get started on the process, Apply Now. If you are interested in a Switch assessment – complete our Switcher form here and we will review your options and revert to you.

If so, you are one of up to 80,000 homeowners coming off fixed rates this year. You could be facing a hike of over 6%! I’d encourage you to look at your options:

1. Check whether your existing lender will give you a better deal to stay with them.
2. Shop around the market to see what a different lender can offer you. You really have nothing to lose by looking – and thousands of Euro to gain if successful.
3. Talk to a mortgage advisor to get the best guidance on how to lower your repayment costs based on your specific circumstances.

The SCSI Residential Property Price Monitor is a quarterly sentiment survey of SCSI members conducted jointly with the Central Bank of Ireland, consisting mainly of estate agents, auctioneers, and surveyors. 

The quarterly report, released this month, recorded an expectation that national property prices will increase by an average of 4.5% over the next 12 months, with a significant driver of the forecasted increase being lack of housing supply.  

The report also highlighted the Affordability Gap, (see chart below) outlining 5 scenarios faced by an average couple seeking to purchase a new three-bed semi-detached house in five counties. The report highlights the contribution of the Help to Buy relief and of the First Home Scheme (FHS) in bridging the gap, but notes that homes of this type in Kildare, Wicklow, Cork and Galway exceed the price ceilings set for the FHS, making them ineligible. 

Read the SCSI report here.

You can read more in Charlie Weston’s Irish Independent article here.

The chink of light is that construction costs are levelling off and interest rates are forecast to continue to fall. Housing supply will improve so, the best advice I can give right now is for you to get mortgage-ready. Understand what you need, what funding support resources are available to you and when to make a move.

We’re here to help when you need us!