FAQ & More

You will need proof of identity, proof of address, recent pay slips, bank statements, tax details (e.g., Employment Detail Summary), and more depending on your circumstances. For a full checklist, visit our required documents and information guide.

Mortgage brokers are paid a commission directly by lending institutions upon drawdown. While some brokers charge additional client fees, Piccadilly Mortgages charges €0 in upfront or hidden broker fees.

The Central Bank of Ireland mandates a minimum 10% deposit of the property purchase price for both First-Time Buyers and Second-Time Buyers.

Interest rates depend on your Loan-to-Value (LTV) ratio, whether you select a fixed or variable product, property BER energy rating (green rates), and lender specific pricing tiers.

Gifted funds from immediate family are widely accepted provided a signed gift letter confirms non-repayment. Personal loans or borrowed money from friends cannot be used as deposit equity.

Once all required paperwork is submitted, receiving your official Approval in Principle (AIP) typically takes between 2 business days and 2 weeks depending on bank queues.

For second-hand properties, contract signing to key collection usually takes 2 to 4 weeks. For new builds, contract signing often happens within 21 days, with drawdown occurring upon build completion.

Your first monthly mortgage repayment generally begins approximately one month after loan drawdown and key handover.

Most banks require you to have completed your employment probation period. Specific lenders accept contract workers (such as healthcare staff or IT consultants) under specialized policies.

Vested stocks and RSUs can be considered by select lenders (e.g., Haven or NUA Money). Crypto assets are heavily scrutinized, and banks require deposit funds to be liquidated into cash in a regulated bank account.

Yes, but ongoing loan repayments directly reduce your net monthly disposable income, which lowers your total borrowing limit. Clearing short-term debt prior to applying often maximizes borrowing power.