This week's episode is all about mortgages - If you are a first time buyer this is a must listen - Paul Merriman covers everything from getting your deposit together to why you definitely shouldn't start your journey on Daft.ie (much to Paul Reid's disappointment!!) This episode is a little longer than usual with lots of detailed but important information, so we have a detailed time code below and supporting websites.

**there will be an episode for a second time buyers and fresh starter in the future 

Time code

(00:00)getting mortgage ready - simple breakdown of figures of what you need to get started - can you afford the mortgage repayment - The importance of a mortgage advisor 

(04:51)What you need to bring to the mortgage consultation and what it will entail an

(06:15)How how to get a credit report and why it needs to be done and done quickly  

(08:31)Your deposit explained (and some info on the help to buy scheme)

(13:20)deposit details and contingency plans and start rules for self builds

(15:25)first home scheme (shared equity) explained and why it's particularly suitable for single first time buyers **this scheme can be used with the help to buy scheme and is available to fresh starters

(23:12)Local Authority Loan (formerly rebuilding Ireland)

(26:01)Importance of building a good team you can trust- mortgage advisor, solicitor, agent, surveyor mortgage broker etc 

(40:36)why looking for a house before you get your mortgage approval is just going to disappoint - be honest and do what's right for now

(43:00)don't buy a stop-gap, the cost of borrowing and why the first 5 years of a mortgage is so expensive (interest first)

(46:12)Interest rates - reason for the rises and why you should fix 

(53:45)the @ASKPAUL mortgage campaign and how you can find the ad banned from the TV!

https://app.acuityscheduling.com/schedule.php?owner=14223748&appointmentType=17377927&utm_medium=linktree&utm_source=linktree&utm_campaign=mortgage+consultation+%E2%82%AC199

https://www.revenue.ie/en/property/help-to-buy-incentive/how-do-you-apply-for-help-to-buy-htb.aspx

http://localauthorityhomeloan.ie/calculator/ 

https://www.centralcreditregister.ie/borrower-area/apply-for-your-credit-report-and-other-rights/ 

https://www.citizensinformation.ie/en/housing/

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