The mortgage process will always be a relatively complicated one, with banks going to every length to ensure you can pay back the loan in full.
We have compiled recent advice for those thinking of beginning the process from Mortgage advisor Alison Fearon, as well as tips from RTE’s Financial expert Eoin McGee for once you have landed onto the property ladder. Any personal or car loans - “Alongside your mortgage payment which may be €1,000, if you already have a €350 car loan that obviously reduces the amount you’re going to be able to pay back, so that will impact what you can borrow,” she explained.
According to RTE’s Eoin McGee, by simply switching providers each year to ensure you have the best mortgage rates, you could save a fortune.