Mortgage plus
Our award‑winning mortgage brokerage & advisory service for first‑time buyers, home movers and investors.
Open the door and start your journey
Let's talk about your mortgage
During your free mortgage consultation, we'll explore your borrowing capacity, discuss suitable mortgage types, and explain any first-time buyer supports you might qualify for. Have questions about mortgage rates or the application process? We're here to help. Connect with us however suits you best - whether that's a video call from your living room or a face-to-face meeting at our Dublin city centre office. Our mortgage specialists are available Monday to Friday, 8 a.m. to 6 p.m., and Saturday mornings from 8 a.m. to 12 p.m., fitting perfectly around your schedule.
Let's prepare your application
This secure online platform makes collecting your mortgage documentation effortless. You'll receive a personalised mortgage checklist based on your specific situation. From digital ID verification to secure bank statement uploads, everything happens smoothly in one place. Your dedicated mortgage advisor stays connected with you throughout, ensuring your application is ready for our panel of lenders and their extensive range of mortgage products.
Let's assess your options
We'll create a detailed research report comparing available mortgage rates and products across the market. Using advanced affordability calculators and our deep understanding of lender criteria, we ensure your mortgage application stands the strongest chance of approval. Our quality control process means nothing is left to chance.
Let's submit your application
Our established relationships with dedicated bank managers mean we can fast-track your application and address any questions quickly. While your application progresses, we'll provide access to our comprehensive home buyers toolkit, packed with house-hunting tips, property guides, and exclusive discounts for solicitors and surveyors. From mortgage approval to finding your perfect property, we're with you every step of the way.
Let's secure your dream home
Our service includes coordinating property valuations and updating documentation as needed. Plus, you'll receive a complimentary life cover review worth €750, ensuring your mortgage protection insurance needs are fully covered. We work closely with your solicitor and lender, keeping everything on track for your closing date.
Let's get you home and beyond
As a valued Lenny Financial client, you'll benefit from our unique mortgage switch guarantee - we'll help you refinance your mortgage to a better rate whenever it makes sense, completely free of charge, for the entire life of your mortgage. Consider us your long-term partners in homeownership.
Mortgage Plus Calculator
Unlock your affordability in minutes by answering a couple of simple questions to determine how much you can loan.
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FAQ
Mortgage Plus
Initial Phase:
- Preliminary consultation with Lenny Financial mortgage advisor
- Digital portal documentation completion
- Comprehensive credit assessment
- Financial capacity evaluation
Lender and Product Research Phase:
- Compare mortgage rates across different lenders
- Evaluate fixed vs. variable rate options
- Review lending criteria and policies
- Assess additional features and benefits
- Consider cashback and incentive offerings
Approval Phase:
- Submission of approval in principle application
- Property search commencement
- Full mortgage application processing
- Final loan offer issuance
Employment and Income Verification:
- Three months' most recent payslips
- Detailed employment detail summary
- Current employer salary certificate
- P60 or comprehensive tax returns
Financial Records:
- Six months' statements for all active bank accounts
- Complete savings account documentation
- Evidence of deposit source and accumulation
Identity and Address Verification:
- Government-issued photo identification
- Current proof of address
- Additional verification as required by specific lenders
- Preliminary lender approval without property specification
- Validity period of 6-12 months (lender dependent)
- Non-binding indication of borrowing capacity
- Requirement for documentation updates upon expiration
Practical Applications:
- Demonstrates serious buying intent to estate agents
- Provides clear budget parameters for property search
- Facilitates efficient property bidding process
- Expedites final loan approval process
Rate Structure:
- Properties up to €1,000,000: 1% of total value
- €1,000,000 to €1,500,000: 2% on additional balance
- Over €1,500,000: 6% on entire portion above €1,500,000
Your solicitor will pay your stamp duty to the government on your behalf.
Professional Services:
- Legal fees: €1,500-€3,000
- Property valuation: Approximately €185
- Structural survey: €500-€1,000
Insurance Requirements:
- Mandatory mortgage protection insurance
- Comprehensive home insurance
- Additional optional coverage as needed
Maximum Lending Multiples:
- First Time Buyers: 4 times annual salary
- Second Time Buyers: 3.5 times annual salary
- Central Bank exceptions may allow borrowing above these limits in specific cases
Income Assessment:
- Different lenders have varying policies on variable income components (bonuses, commission, overtime)
Your Lenny Financial mortgage advisor will provide detailed guidance on how each lender assesses different types of income. This personalised assessment helps identify the most suitable lenders for your income structure.
Primary Requirements:
- No previous property ownership in Ireland or internationally
- Property intended as primary residence
- Inheritance of property does not affect status
- Special considerations for divorced/separated individuals with no retained property interest
Help to Buy (HTB) Scheme:
- Tax rebate maximum of up to €30,000
- Exclusive to new builds or self-builds
- Primary residence requirement
- Specific price ceiling applications depending on location
- Rebate calculation based on previous 4 years income tax
First Home Shared Equity Scheme:
- Government property share participation
- Reduced mortgage requirement
- Specific eligibility criteria application
- Location-dependent property price caps
Local Authority Home Loan:
- Alternative to commercial mortgages
- Income limit specifications:
- Single applicants: €65,000 maximum
- Joint applicants: €75,000 maximum
Local authority specific criteria verification required.
