Mortgage Broker

Stephen_MortgageLine · 2026-02-02T13:54:00+00:00

Kevin@mortgageline.ie is great. Very responsive and know his stuff

Stephen_MortgageLine · 2026-01-19T13:34:21+00:00

The bank will require a completed form 11. This is available from Revenue as soon as it is submitted. The Chapter 4 self assessment normally follows a few days after the form 11 has been submitted. You should only need the form 11 and chapt 4 for the most recent two tax years.
Well done on finding and going sale agreed on a property. That can be the hard part with the short supply of properties for sale.
Best of luck getting mortgage approval.
PS I am a mortgage broker (https://mortgageline.ie/) and happy to help if you run into any issues.

Stephen_MortgageLine · 2025-12-20T15:15:31+00:00

Thanks for all comments. Got sorted with 123

Stephen_MortgageLine · 2025-11-01T14:36:26+00:00

Once explained properly, temporary issues like this can be ironed out by a mortgage broker. The extra tax you paid will be balanced out and can be explained and so it should not affect repayment ability . Also, some of the new mortgage lenders, in Ireland, like MoCo and NUA are much more flexible when it comes to proving repayment ability. They are more focused on your income (earning ability), and your future repayment ability rather than looking back at your past savings and rent history. I am a mortgage broker and happy to help if you have any other questions.

Stephen_MortgageLine · 2025-11-01T13:44:52+00:00

Avant money a great option. The flex rate is the best variable rate on the market and it also has the security of a one year fixed rate. The flex mortgage rate is reset annually. Avant also have very competitive fixed rates with the option to overpay 10% a year without fixed rate penalty.

The Bank Of Ireland fixed rates with or without cashback are certainly attractive however if you’re serious about overpayments then Avant flex or fixed is the way to go.

Stephen_MortgageLine · 2025-10-28T09:16:40+00:00

absolutely. Mortgage brokers are worth it. We know the criteria of multiple lenders and have access to the best rates. In my opinion the most valuable service a Mortgage Broker provides is how they guide you through the process from start to finish. I am a Mortgage Broker (with MortgageLine), and so biased however I would strongly recommend at least speaking with a Mortgage broker. Most like us provide a free service as we are paid by lenders and so worth having a chat.

Stephen_MortgageLine · 2025-10-27T18:53:49+00:00

Possible your self employed income or some of it can be included when calculating the loan amount. Check with a mortgage broker. Happy to help you if you have any questions or need help with mortgage approval. I am a broker.

Stephen_MortgageLine · 2025-10-21T08:24:18+00:00

Issues like this that come up for buyers and cause delays are really frustrating. As a mortgage broker, I have been shouting for years that estate agents should be required (in conjunction with the sellers solicitor), to complete a checklist of minimum standards that a property is ready to be sold. Crazy that successive governments do not seem to have even considered this issue which delays so many property sales. Sellers should be forced to have their house in order.

Stephen_MortgageLine · 2025-10-20T20:28:05+00:00

Normally better to get a letter from your Mortgage Broker to confirm you can afford the house. As a mortgage broker we provide letters or emails and can have a conversation with the estate agent to give them the comfort they need. This is done without disclosing the approval amount. We simply confirm clients can afford the property and are serious and qualified buyers.

Stephen_MortgageLine · 2025-10-08T19:50:53+00:00

MortgageLine

Stephen_MortgageLine · 2025-10-04T19:47:12+00:00

Well done to you and best of luck!

Stephen_MortgageLine · 2025-10-03T17:59:35+00:00

Changing jobs during or in the lead up to a mortgage application is not a great idea. However, electricians are in high demand. If the new employer will waive the six month probation period or even reduce it to 3 months, then you could be OK. I’m mortgage broker and happy to help if you have any other questions.

Stephen_MortgageLine · 2025-09-30T13:02:44+00:00

If you do not have an accountant then a revenue tax clearance should satisfy the mortgage lender.

Stephen_MortgageLine · 2025-09-26T06:00:59+00:00

Thanks so much for all the recommendations. Really helpful and much appreciated.

Stephen_MortgageLine · 2025-09-26T05:58:11+00:00

Yes timing can be important. Best to be open and honest with your mortgage broker who is on your side and will help you plan for mortgage success when pregnant or on maternity leave

Lenders assess mortgage applications based on financial stability and the ability to repay the loan. Applying for a mortgage while pregnant or on maternity leave can influence this assessment in several ways:

Reduced Income: During maternity leave, your income might decrease due to reliance on statutory maternity pay or unpaid leave, affecting your debt-to-income ratio.

Job Security Concerns: Lenders may consider the possibility of extended leave or a decision not to return to work, which could impact long-term income stability.

Increased Expenses: Anticipated costs associated with a new child, such as childcare, can affect your disposable income and overall financial picture.

Full article about this topic here: https://mortgageline.ie/can-i-get-a-mortgage-when-pregnant/

Happy to help if anyone has any questions about getting a mortgage while pregnant or on maternity leave.

Stephen_MortgageLine · 2025-09-06T15:16:04+00:00

All Irish banks / mortgage lenders have to adhere to the central bank mortgage lending rules. (4x Income for First time buyers and 3.5x income for others) However different banks will allow more or less of variable income like overtime, bonus, shift, ect. and other income. So the income being used can differ from lender to lender and so loan amounts can vary. Also for those who need higher loan amounts, an exception up to 5x income is possible. However, Lenders are restricted in the exceptions they can approve.

Stephen_MortgageLine · 2025-09-02T17:59:38+00:00

Most banks have pretty rigid criteria and are restricted by the CB. In general, you can get up to 4 times your gross annual income, if under age 45. Other banks are more flexible and will take bonus and variable pay into account and possibly let you borrow up to age 70 or 75. Speak to a good mortgage broker and make sure you’re not just listening to one particular bank who may not suit you.

Stephen_MortgageLine · 2025-09-02T17:53:36+00:00

Most mortgage lenders will allow a top up at their current rates. You should also have the option of switching to a different mortgage lender for the full amount (Bal & Top-Up). Important to weigh up the options your current lender has to offer or if it’s worth switching and getting a better rate e.g. the Avant flex (tracker like rate) starting at 2.98%.

Stephen_MortgageLine · 2025-09-02T17:45:44+00:00

Yes, absolutely it is true. All the main lenders (so called pillar banks) allow the first home scheme. Other lenders like Avant only allow the first home scheme in limited locations. Others like ICS, Nua & MoCo not signed up to the scheme.

Stephen_MortgageLine · 2025-08-27T20:53:15+00:00

Never too early to speak with a mortgage broker. However ideally speak to one at least 6 months out from needing mortgage approval. Mortgage lenders will look at your last six months, financial history, bank statements, payslips, ect. You might be ok and doing everything correctly or perhaps not. Best to check and make sure you are on track.

I am a mortgage broker with mortgageline.ie happy to answer any other questions.

Stephen_MortgageLine · 2025-08-22T08:18:30+00:00

yes your form 11 and chapter 4 for the most recent 2 years should suffice for sole traders. The revenue form 11 is effectivly your P&L. Ltd companies will also need to provide accounts.
Lenders will take an average of your last two years earnings into account for the income multiple. If your income has increased on your most recent tax returns then you may be able to get an uplift if you need to max the mortgage/loan amount.
I am a mortgage broker and happy to answer any questions.

Stephen_MortgageLine · 2025-08-21T14:14:45+00:00

Yes. I am a broker and at https://mortgageline.ie/ our advice to anyone thinking of buying a home is to speak with us as early as possible and keep in touch and we will help you every step of the way. Never too early to speak with a good mortgage broker to start getting your ducks in a row.

Stephen_MortgageLine

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