Our team are equipped with the necessary experience and skills to help you obtain your mortgage with your desired terms.
We are dedicated to ensuring that the advice you receive is relevant to your mortgage needs, and that you choose the mortgage that best suits you.
I’m Julie, a highly experienced and results-oriented mortgage and financial advisor with over 20 years of successful banking experience in Retail Banking.
My role in Walsh Group is to provide clients with a high quality service and a stress free mortgage journey.
So, whether you’re a first-time buyer, planning on moving, or switching, I will be delighted to discuss your options with you. I am committed to establishing strong relationships with my clients by ensuring my advice and services always meet the highest standards.
Why Choose Us
Buying your first home will be one of the most important decisions you will ever make, both emotionally and financially. We help many buyers purchase their first property every year, and we can help you too.
As you begin your search for your new home, it is always important to pay close attention to how the lenders will view you application. The amount you can borrow is based on your salary, savings and the application you present to the lender. We have extensive experience in preparing and presenting successful applications to lenders in order to secure you the finance you want.
Included in your mortgage search, we also advise on Mortgage Protection. This is the necessary cover required in the event of your death that can pay off the remainder of your mortgage. Buying a home can be a tense time, and at Walsh Group, we’re here to make it is as stress-free as possible.
We can build your mortgage and mortgage protection into your overall financial planning. Your financial planning journey is a holistic look at all of your finances from your mortgage to your pension, savings and investments.
Why should I deal through a broker?
The alternative is to go directly to a specific bank. However, you need to consider, is it better to deal with a bank or an insurance company directly when they only have their own products to offer you. We have access to the widest range of mortgages giving you the most comprehensive mortgage options. As regulated intermediaries we are obliged to look after your interest. Lenders pay intermediaries to give them business because it is good value for them to do so.
How much can I borrow?
Lending rules will limit borrowing in most cases to a maximum of 3.5 times gross income. This is not to say that you will qualify for this amount, but rather that this will act as a cap. Borrowing limits also take account of the following:
- Ensuring that you have a certain minimum level of money to cover the cost of living.
- Proving that you can afford the proposed repayments by reference to current spending and savings habits.
Will you take all of my salary into account?
In assessing a mortgage application the key consideration lenders look at is ability to service loan repayments. If you are a PAYE employee, this means your guaranteed basic salary, some lenders will also include bonuses, overtime or other once off income.
In order to assess this, lenders review your current income and make estimations as to the likelihood of your income continuing into the future.
What proof of income is required?
A mortgage is a long-term commitment. Most lenders can only include your sustainable income when calculating the amount you can borrow. To show your sustainable income you will need to provide 3 months’ payslips, and a Salary Certificate signed and stamped by your employer. If you are self-employed, the lenders require 2 or 3 years of Year End Financials, and proof that your tax affairs are up to date.
What is the difference between the interest rate and the APR??
The Interest Rate is the actual rate at which interest is charged on the amount you borrow.
APR stands for Annual Percentage Rate (APR) which is the total cost of your mortgage over its term, taking into account both interest rate charged and other fees, as well as whether interest is charged monthly or quarterly.
How much of a deposit do I need?
A first time buyer will require a 10% deposit.
A 20% deposit will be required for clients who are moving house.
An investor will be required to have 30% deposit.
What's a fixed rate mortgage?
With a fixed rate mortgage, your interest rate and monthly repayments are fixed for a set time, as agreed between the lender and borrower. Although a fixed rate means your repayments cannot increase for a set period of time, your repayments will not fall during the fixed rate period.
Help To Buy Scheme
The Help to Buy incentive, also known as the Help to Buy scheme, is a Government tax refund scheme designed to help first-time buyers get the deposit needed to buy a newly built home.
Borrowers can claim a maximum of 10% of the value of the property or €30,000 – whichever is lower.
First Home Scheme
Helping first-time buyers and other eligible home buyers purchase a newly built home in a private development anywhere in the Republic of Ireland.
The Government of Ireland in partnership with participating lenders, has introduced a Shared Equity Scheme to help you bridge the gap between your deposit and mortgage, and the price of your new home.
Home Plus are regulated by the Central Bank of Ireland and have been offering Equity Release products in Ireland for over a decade.
Equity Release can be a good way to unlock money tied up in your home if you are over 55. You can use the cash for anything you’d like from a holiday to helping the kids get on the property ladder.
Home Plus are the only provider of Equity Release Home Reversion products for people over 55 in Ireland, but are they the right choice for you?
This mortgage loan repayment calculator can be used to give you a guideline of what your monthly repayments would be on any given amount.
Simply enter the amount you require to borrow, the applicable interest rate, (you can use 2.5% as a benchmark if you are unsure of the exact interest rate), and the number of years you would like to repay the mortgage.
Please Note: Only to be used to give an indication of repayments. Please contact our Mortgage Advice team for a full quotation.