Mortgages
Bua Financial Services provide a range of mortgage services to help you find the best mortgage for you, your home, and your family.
There is a wide range of mortgage products available to buyers and, as qualified mortgage brokers, Bua Financial Services deal with most of the major lenders in the Irish market. Whether you are a first time buyer, an experienced buyer or an investor, navigating the world of mortgages can be complicated and confusing. We will assess your situation and provide practical and useful advice. We can also make recommendations on how to increase your chances of securing a mortgage.
We can assist you with all of the following Mortgage products:
-
First Time Buyers
-
Second Time Buyers
-
Self-Build Mortgages
-
Mortgage Switch
-
Buy to Let Mortgages
-
Equity Release
SwitchEr Mortgages
If you’re coming out of a fixed rate mortgage it is the perfect time to start shopping around for a new mortgage. Switching your mortgage is not as complicated as you may think and you can save money and stress going forward. Bua Financial Services will find the best interest rate for you and make unbiased recommendations on alternative mortgage providers. The potential savings in mortgage repayments are quite significant over the life of your mortgage.
First Time Buyers
Buying your first home can be as stressful as it is exciting! Bua Financial Services can assist with all aspects of your mortgage application. We will provide advice on how to save, how to apply, how much you can borrow, and any other support you may need. First time buyers can borrow up to 90% of the value of your home and we can help you to get access to the best mortgage rates and first time buyer’s plans to suit you.
Self-Build Mortgages
Securing a mortgage for a self-build home can be more difficult than conventional mortgages. This is due to the uncertainty of building expenses. At Bua Financial Services we can assist anyone looking to secure a mortgage and build their own home. We will work to get you the best interest rates, providing financial peace of mind and security throughout the mortgage application and the building process.
Buy to Let
Many of the lenders provide mortgage products specifically tailored for the property investment market. Bua Financial Services will guide you through the various options and help you find the option that best suits your needs. With the current low interest environment and increasing demand for quality rental properties, it may be an opportune time for you to invest in a buy to let property.
Mortgages – Frequently Asked Questions
-
Is Switching My Mortgage Worth It?
Switching your mortgage can potentially save you substantial payments over the life of your mortgage. If your fixed term mortgage is coming to an end or you are currently on a variable interest rate, then it is definitely worth shopping around for lower interest rates.
-
What happens to my mortgage if I buy a new house?
Depending on your current type of mortgage, you may be able to carry it over to a new home. Otherwise, you will have to pay off your existing mortgage and take out a new one to secure a new home. It may also be an opportunity to find a new mortgage provider and get better value and interest rates.
-
What is LTV?
LTV stands for loan-to-value and, put simply, it's the size of your mortgage in relation to the value of the property you are purchasing, given as a percentage. So if, for example, you have a mortgage of £320,000 and you're buying a property that costs £400,000, your LTV would be 80%.