Why Choose A Broker? 

 As a broker, we deal with a variety of different providers, such as banks and private mortgage lenders to find you the best fixed and variable interest rates. We compare different rates & terms to gather the best options that suit your financial circumstances. We have years of previous experience as lenders, to ensure you are getting the best advice. 

How Much Can I Borrow? 

First time buyers are typically allowed to borrow up to 4 times their gross annual income, though this can vary. Second and subsequent buyers can typically borrow up to 3.5 times their gross annual income. Your existing debts, outgoings, and number of dependents will also be considered, please see below.

There is also a cap based on the property purchase price, called the Loan to Value (LTV) limit. This is normally 90% of the purchase price, however this is limited to 70% for Buy to Let borrowers.

The following are some other factors that determine how much you can borrow:

• Your age: Older applicants may face restrictions on loan terms, which can reduce the amount they’re eligible for.
• Dependents: If you have children under 18, lenders will factor in the associated living expenses.
• Current financial obligations: Ongoing repayments like personal loans, credit cards, overdrafts, buy-now-pay-later plans, or vehicle finance will be taken into account.
• Other regular expenses: These include childcare, utilities, and insurance costs, all of which affect affordability.
• Credit rating: Your track record with repaying past loans and credit will be reviewed. You can check your credit report here at no cost.

Who Do We Have Product Access To? 

Ashbourne Mortgages has an agency agreement with Brokers Ireland and through this agreement we can arrange finance with the following companies:

• Haven
• Finance Ireland Residential Mortgages
• ICS Mortgages
• Núa
• PTSB
• The Mortgage Store – powered by Bank of Ireland