First-time Buyer

To speak to one of our specialists, call us on

01 4611500

The mortgage process for first-time buyers can be daunting; let us talk you through it. We work with a range of leading mortgage providers to ensure we find the most suitable solution for you.

Please find below the answers to some frequently asked questions from first-time buyers.

By using Aston Lark, you will get access to personalised advice, a transparent approach and a solution that has been crafted for your individual needs.

If you’d like to speak to an advisor about your options, please call 01 4611500.


How much can I borrow?

The amount you can borrow is based on several factors, including:

  • your income
  • the cost of the property you want to buy
  • your ability to make repayments

As a general rule, most first-time buyers can borrow 3.5 times your gross income. In some circumstances, this can be exceeded.

How much of a deposit do I need?

First-time-buyers need to have a minimum deposit of 10% of the property value. So, if the value of the property is €200,000, you would need a deposit of €20,000.

What other costs can I expect?

You should factor the following into your budget:

  • Property valuation
  • Solicitor’s fees
  • Stamp duty
  • Home insurance
  • Life insurance

This list is not exhaustive, so we advise contacting a Financial Advisor to talk through all requirements.

Why use a mortgage broker?
  • Mortgage brokers are impartial and take into account the entire market when offering you advice, whereas a bank will only advise on its own range of products.
  • They will look after the paperwork.
  • They will save you time by dealing with providers directly on your behalf.
  • Brokers know exactly what’s required at each stage and can support you through the entire process.