Saturday 24 June 2017

First time buyers' one-stop mortgage shop!

Open plan living room kitchen contemporary home with grey sofa
Open plan living room kitchen contemporary home with grey sofa

After the success of last year's mortgage event, KBC will host its second KBC Mortgage Lounge this Thursday 16th February in the Mansion House, Dublin from 6pm-8pm. Here's what you can look forward to at this year's exciting event

While last year's KBC Mortgage Lounge saw over 300 first time buyers (FTBs) exit the Mansion House in Dublin with invaluable information on how to purchase their first home, this year's event looks set to attract many more. Hosted by TV3's 'Ireland AM' star, Ciara Doherty, the event will include a convenient step-by-step guide through the mortgage process, as well as helpful question-and-answer sessions with industry experts. Plus, one lucky guest will leave with a prize of a €1,000 IKEA Voucher. So, if the amazing competition is not reason enough for you to come along, here are five other reasons why you should attend.

Be inspired

f you are confident about your financial situation and current employment status, you will probably already have considered moving into your own place. However, getting a mortgage and buying your first home is a long-term commitment and one you need to be 100% certain about. You wouldn't get into a relationship with somebody you weren't sure about, so why treat a mortgage any differently?

If you are having any doubts about buying your first home, KBC mortgage consultants, Sherry FitzGerald's estate agents and McDowell Purcell Solicitors will be on hand to help you overcome these doubts and help you make a decision. By listening to the industry experts, you can weigh up the pros and cons about buying your first home in order to make a more informed decision - or to give you that extra push to take the leap if you are ready to!

Step-by-step

Sometimes the paperwork and jargon involved with applying for a mortgage are enough to throw you off the idea of buying your first home. Conor McGowan, Head of Mortgages and Insurance at KBC, explains how the Mortgage Lounge can help: "The KBC Mortgage Lounge is a great way for first time buyers to get clarity on each step that is required to take out a mortgage and purchase your first home."

But it doesn't stop there. Sherry FitzGerald's estate agents will also help guide you through the property process - from searching for your house to putting down the deposit - while McDowell Purcell Solicitors will share information on how to get your legal affairs in order.

Save time and money

From getting your savings together to finding your dream home, it can all be stressful and time-consuming. This is the reason the KBC Mortgage Lounge acts as your one-stop shop for getting all your affairs in order at once. KBC will be there to help get your finances in shape and get you mortgage ready.

Mingle with fellow buyers

Who says you can't make a new friend at the KBC Mortgage Lounge? If you're waiting to speak to an industry expert, speak to a fellow first time buyer behind you in the line. Determine their current position in the home-buying process - they may be able to share information with you about potential areas where you may be interested in living. Just be wary in case they try to turn you away from a house they may also have an eye on!

Leave with answers

Talk to a mortgage consultant who can give you an idea of the types of mortgage and insurance products available to you. Speak to the real estate agent about how to make an offer on a home and the specifics involved in between making your initial offer and final acceptance of the offer from a seller. Have your questions prepared in advance - happy house hunting!

  • For more information on mortgages, visit www.kbc.ie. For information on the first time buying process, you can call 1800 51 52 53. The KBC Mortgage Lounge will take place in the Mansion House, Dublin at 6pm on Thursday 16th February. To register, email mortgagelounge@kbc.ie
  • Lending criteria, terms and conditions apply. Security and insurance are required. The maximum mortgage is 90% of the property value. KBC Bank Ireland plc is regulated by the Central Bank of Ireland.

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