In this Episode, Estate Agent, Áine McLoughlin of AML Property Services takes you through the steps involved in buying a house and the factors you need to consider including budget, location and your future plans.
We discuss:
Deposits - a deposit of 10% is required
Approval in Principle - you cannot search for a house until you have this
Budget - figure out the max amount you can borrow and how much you can afford each month. Also need to fa...
In this Episode, Estate Agent, Áine McLoughlin of AML Property Services takes you through the steps involved in buying a house and the factors you need to consider including budget, location and your future plans.
We discuss:
- Deposits - a deposit of 10% is required
- Approval in Principle - you cannot search for a house until you have this
- Budget - figure out the max amount you can borrow and how much you can afford each month. Also need to factor in stamp duty, legal fees, engineers costs and others.
- Where do you want to live? - Location is the most important factor when it comes to deciding on your home
- Family growth is another factor as a first time buyer
- The importance of looking for your solicitor and engineer early
- Buying new build v second hand propoerty
- Additional costs involved in buying a home and choosing where to buy / live
- The bidding process
- Complications and expectations on the house buying journey
Episode Links & Resources:
Understand and compare property pricing in the area: Property Price Register
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About The Property Pod:
Welcome to The Property Pod, the ultimate guide for first time buyers navigating the Irish property market. Hosted by three seasoned experts, Estate Agent, Áine McLoughlin, Solicitor, David Sweeney and Mortgage Broker, Margaret Barrett. This podcast offers invaluable insights, tips, and real-life experiences to empower buyers and sellers.
Each episode of The Property Pod delves into various aspects of the house buying journey, from understanding market trends and property valuations to legal considerations and financing options. The hosts share their expert opinions, practical tips, and cautionary tales drawn from their extensive experience, offering listeners a comprehensive overview of the realities of buying a house in Ireland.
Whether you're just starting to explore the idea of homeownership or knee-deep in the house hunting process, The Property Pod is your go-to resource for clarity, guidance, and peace of mind. Tune in to empower yourself with the knowledge needed to make informed decisions and embark on your home buying journey with confidence.
Find The Property Pod:
Instagram: @the_property_pod
TikTok: @the_property_pod
LinkedIn: The Property Pod
Pinterest: @thepropertypodireland
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Find the Hosts:
Find Áine McLoughlin, Estate Agent, AML Property Services:
Website: amlpropertycork.ie
LinkedIn: Aine McLoughlin | AML Property Services Cork
Instagram: @amlpropertycork
TikTok: @amlpropertycork
Twitter: @amlpropertycork
Find David Sweeney, Solicitor, propertysolicitors.ie:
Website: propertysolicitors.ie
LinkedIn: | @property-solicitors-ie
Instagram: @property_solicitors.ie
Find Margaret Barrett, Mortgage Broker, Mortgage Navigators:
Website: mortgagenavigators.ie
LinkedIn: Margaret Barrett | Mortgage Navigators IE
Instagram: @mags_barrett | @mortgagenavigatorsofficial
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About The Hosts:
Áine McLoughlin, Estate Agent, AML Property Services
Áine McLoughlin is an experienced estate agent who launched AML Property Services in April 2020. With several years of hands-on experience in the Property industry, Áine brings a wealth of knowledge and expertise to her clients. Áine's approach is centred around providing bespoke and personalised solutions to property owners. She understands that each client's situation is unique, and she tailors her services accordingly to meet their specific needs and goals.
At AML Property Services, Áine's primary focus is on building strong, long-term relationships with her clients. She believes in the importance of trust and communication and strives to foster open and honest dialogues with those she works with. Clients can expect to receive professional, friendly, and honest advice from Áine throughout every step of the real estate process. Whether buying, selling, or renting property, Áine is dedicated to delivering exceptional service and achieving the best possible outcomes for her clients
David Sweeney, Solicitor, propertysolicitors.ie
David Sweeney is a Solicitor and owner of Propertysolicitors.ie. David has a Bachelor of Business and Legal Studies (BBLS) from University College Dublin and qualified as a solicitor from Blackhall Place, the Law Society of Ireland, in 2007.
Embarking on a property transaction, be it buying, selling, or switching mortgages, is a significant decision. Property Solicitors recognise the weight of this decision and are dedicated to simplifying this journey for you. With a rich history in the Irish property market, Property Solicitors combine expertise, dedication, and transparency to offer you a seamless experience every time.
Margaret Barrett, Mortgage Broker, Mortgage Navigators
Margaret Barrett serves as the Managing Director of Mortgage Navigators. Margaret graduated with a Bachelor of Business Studies and Qualified Financial Advisor (QFA), has a background that includes her previous role as a Mortgage Manager at Bank of Ireland along with other senior business and sales leadership roles.
In her current role at Mortgage Navigators, Margaret leads a dedicated team responsible for identifying the most suitable borrowing solutions for clients, whether they are first-time homebuyers, individuals looking to move, those interested in switching, investors in search of property, or clients in pursuit of their dream seaside holiday home. The team is committed to assisting clients in their journey towards homeownership, in a stress free and jargon free manner.
