Wednesday, 08 February 2012 20:15:14
Wednesday, 08 February 2012 20:15:14
Buying a home can be a stressful and confusing time, especially for first time buyers, but we can help turn a potentially painful experience into a pleasant one. We specialise in affordable mortgage products. At a time when interest rates are rising, we scour the Irish mortgage market to bring you the best value irish mortgages available at any time, along with independent mortgage advice on the cheapest mortgage products and interest rates to suit your budget and financial situation at any time. If you are still keen to get out of the rental trap and onto the property ladder, we can help you do that as simply as possible. Among our best value Irish mortgage products, we offer one of the widest ranges of low-cost mortgages on the Irish market, tracker mortgages, low cost Interest only mortgages, 100% finance for affordable housing, and we can even arrange mortgages if you have a poor credit history and may have been turned down elsewhere.
We also have developed excellent relationships with local Estate Agents, Valuers and Solicitors, and we have negotiated special discounted valuation and legal fees for our clients.
Equity Financial Services are dedicated to guiding you safely through the maze of competing offers and lenders, and out the other side to a successful purchase of your new home or investment!.
From your very first steps in deciding how much you can affordably borrow, choosing the right lender for you (and doing the leg-work!) to finally completing the purchase on your home and picking up your keys, we will go ‘above and beyond’ to ensure you have a smooth, successful, straight-forward and stress-free experience.
We also provide comprehensive mortgage advice and services for..
Rates:
You can get an idea of the effect of various rates on your mortgage repayments by using our Quick Mortgage Calculator on the top left of the homepage. Rates from various lenders change frequently, so it’s always worth contacting us so we can talk through the very best offers available to you. Sample interest rates currently as low as 2.84% (2 year fixed), 2.94% (80% LTV Variable) 3.46% (discounted variable). Mortgage terms of up to 40 years (subject to conditions) are now available from a small number of lenders which can lower monthly repayments.
The maximum LTV (Loan to Valuation) mortgage available for first time buyers (FTB) is 92%, for 'trader uppers' also 92% and for Refinance/Switch mortgages is 70% LTV.
Tracker Mortgages:
There is limited availability for Tracker mortgage products currently but usually the typical tracker rate is the current ECB (European Central Bank) base lending rate, 2.5% plus around 1.3/1.4%.
100% mortgages:
These are available but for 'affordable housing' only - please talk to us about these if you require more information.
At least one applicant must be a First Time Buyer
The Primary applicant must have 3years continuous employment supported by normal Income documentation
The 2nd applicant must have at least 1yrs employment (i.e. Income is required to meet criteria).
If primary applicant has changed job during the 3yrs before application P60 must be submitted (from the old job)
Max term - 35yrs (if age permits).
Not available on Residential Investment Properties
Loan facility for 10% deposit is also available.
Interest-only option:
This may be available subject to lending criteria. Typically interest only mortgages are available on investment properties. There is limited availability on your principal private residence.
Equity Financial Services — Collinstown House, 52a Main Street, Swords, Co Dublin
Tel: 01-8401944 Fax: 01-8402203 Email: info@equityfinance.ie