First Time Buyer Mortgages

    Saving the deposit: Start your mortgage journey by putting aside enough money for your deposit, a crucial first step for first-time buyers.

    Determine your budget: Understand what price range you can afford as a first-time buyer. You can use our  First Time Buyer Mortgage Calculator

    Find a home: Once you've started putting together your deposit and have your budget established, you can start searching for the perfect home, preferred locations and ideal type of property.

    How to apply: You have the choice to apply directly with Avant Money online or with one of our network of brokers for your First-Time Buyer Mortgage.

To make the mortgage approval process as simple as possible, follow these steps:

    Register for the Avant Money Mortgage Hub: The mortgage hub brings everything you will need into one place to help you secure your first home.

    Complete your application: You’ll start by telling us a little more about you, you can start and stop at any stage, filling in the information we need to get your application moving whenever it suits you. Easily upload the necessary documents to our secure system for a quick and efficient review. This will ensure that your application moves through the process as quickly as possible.

    Get approval in principle: Once we receive your completed application, we aim to get back to you as soon as possible and if approved, we will send you an Approval in Principle letter, which will outline your next steps.

To move forward with your First-Time Buyer Mortgage application, follow these important steps:

    Arrange a valuation: Schedule a professional property valuation with our partner vmsireland.ie. This valuation has multiple purposes, including judging the market value and condition of the property.

    Engage a solicitor: Solicitors play a crucial role in the mortgage process by offering expert advice on the legal requirements of buying a home for first-time buyers in Ireland. They will help ensure that all the necessary legal checks and documentation are completed efficiently and in detail.

    Provide any further documents: As detailed in your Approval in Principle letter. You can see what mortgage documents you need in our Mortgage Application Checklist blog.

Before you can draw down the mortgage itself, you’ll need to complete:

    Conveyancing: The conveyancing process is an essential step that your solicitor will carry out for you. It involves legally transferring ownership of the property and making sure that all legal requirements are met. Work with your solicitor and review all necessary documents to ensure a successful closing.

    Arrange life insurance: Provide us with a mortgage protection policy covering yourself (and any co-applicant).

    Secure home insurance: As you approach the last steps of getting your mortgage approved, it's essential to obtain home insurance coverage.

    Set up direct debit: You will need to set up a direct debit. This allows for easy mortgage repayments every month.

    Drawdown: Congratulations! Once everything is in order, we will transfer the approved mortgage funds to your solicitor.

Congratulations! You now have your First Time Buyer Mortgage with Avant Money. Whether you're now enjoying the certainty of our One Mortgage where your repayment is fixed for the life of the loan, one of our fixed term rates or the flexibility of a variable rate, we're very happy that you chose Avant Money for your First Time Buyers Mortgage.

    Get the keys and move in: Receive the keys to your new home and celebrate this moment. Take the time to settle in and make it your own.

    First repayment: Your first mortgage repayment is usually due about one month after you move in. This will be taken automatically by direct debit.

    Keep in contact: Our dedicated team is here to support you throughout your mortgage. Should you have any questions, concerns, or want to explore additional benefits available for existing customers, don't hesitate to reach out to us.