First Time Buyer
Buying your first home is one of the most important financial decisions you will ever make. Obtaining the finance package best suited to your needs is an extremely important part of the purchasing process and that's where we at WP O'Reilly & Associates Ltd. can help you.
Our mortgage consultants are happy to offer professional advice on the best mortgage package to suit you. Before you decide on your new home it is important to know how much you can afford to borrow.
You must also be aware of all the other costs that can be incurred along the way.
We can assist you by offering our expertise and knowledge thereby assisting in making your first home purchase hassle free.
In today's market there are a number of different mortgages available to first time buyers, such as:
- 92% Finance
- Capital & Interest Mortgages
- Interest only mortgages
- Social & Affordable Mortgages
At WP O'Reilly we can help explain the different mortgages on offer, ensuring you select the best option for you. We can also advise you on the choice of rates available i.e. fixed and variable rates.
Tax relief at source:
Mortgage interest relief is still available for first time buyers, subject to current legislation.
To find out more, speak to one of our mortgage advisers today. Call 01-8498989
WARNINGS:
Variable Rate Residential Mortgages:
The cost of your monthly repayments may increase - If you do not keep up your repayments you may lose your home
Interest Only Mortgages:
The entire amount that you have borrowed will still be outstanding at the end of the interest-only period.
Fixed Rate Mortgages:
Penalties may be incurred if you pay off a fixed-rate loan early.

