First Time Buyers Guide
The step-by-step guide taking you through the home buying journey from start to finish.
At JC Property, we understand that buying a home for the first time can feel complex and overwhelming, with numerous stages to navigate and extensive paperwork to complete.
That’s why we’ve created this guide — to simplify the process and equip you with the knowledge you need to move forward confidently. From understanding hidden costs and key considerations to exploring mortgage eligibility and available government schemes, we've covered every essential detail.
We're committed to supporting you throughout the entire journey — from your first question to the moment you receive the keys to your new home.
Overview Of The Journey
We’ll guide you through the key stages of the home-buying process.
1. Determine Your Budget
Determining your budget involves assessing your income, savings, existing debts, and credit score to establish how much you can comfortably afford. This step not only helps you set realistic expectations but also allows you to narrow down your property options effectively. Don’t forget to factor in additional costs such as stamp duty, legal fees, inspections, and ongoing homeownership expenses. By setting a well-defined budget from the outset, you’ll be better prepared to make confident and informed decisions throughout the home-buying process.
2. Get Mortgage Approval
Securing a mortgage pre-approval is a critical step in the home-buying process. It not only gives you a clear idea of how much a lender is willing to offer but also demonstrates to sellers that you are a serious and qualified buyer. During this process, a lender will assess your financial situation — including your income, credit history, debts, and savings — to determine your borrowing capacity. With a pre-approval in hand, you can confidently focus your property search within your budget, streamline negotiations, and move quickly when you find the right home.
3. Apply For Government
Schemes
Government schemes can help reduce the size of your deposit or bridge the gap between your mortgage and the property price. Applying for an eligible scheme can make homeownership more achievable, especially in today’s competitive market. Understanding what supports are available and how to apply could bring you one step closer to owning your first home in Ireland.
4. Find Your Dream Home
Finding your dream home is about more than just square footage or location — it’s about discovering a space that truly fits your lifestyle, aspirations, and future plans. At JC Property, we take the time to understand your unique needs and preferences, guiding you through the search with expert advice, local market knowledge, and personalised support. Whether you're looking for your first home, an investment property, or a forever family residence, we're here to help you explore the best options and make confident decisions. With the right guidance, your dream home is closer than you think
5. Appoint A Solicitor
Appointing a qualified solicitor is a vital step in the property-buying process, ensuring that all legal aspects of your purchase are handled with precision and care. Your solicitor will manage essential tasks such as reviewing contracts, conducting title checks, liaising with the seller’s solicitor, and ensuring all legal documents are in order before closing the sale. Choosing an experienced property solicitor ensures that the process runs smoothly, giving you peace of mind as you move toward owning your new home.
6. Pay The Deposit
Once your offer has been accepted, the next step is to pay the booking deposit to secure the property. This shows your serious intent to proceed with the purchase and temporarily reserves the property while contracts are being prepared. The booking deposit is typically refundable until contracts are signed, at which point a contract deposit—usually 10% of the purchase price—is paid. It’s important to ensure you fully understand the terms and conditions associated with the deposit, as well as the timelines involved. Your solicitor will guide you through this step to ensure everything is handled correctly and in your best interest.
7. Sign The Contract
Signing the contract is a major milestone in the home-buying process, as it legally commits both you and the seller to the transaction. Before signing, your solicitor will carefully review the contract to ensure all terms are accurate and in your best interest, including the agreed purchase price, closing date, and any special conditions. In Ireland, once both parties have signed and the contract deposit (typically 10% of the purchase price) is paid, the sale becomes legally binding. At this stage, backing out could result in financial penalties, so it's crucial to be fully confident before proceeding. Your solicitor will guide you through this step to ensure a smooth and secure transition toward ownership.
8. Arranging Snagging
Before closing on a newly built home, it’s important to arrange a snagging inspection. This process involves identifying any defects or unfinished work—such as cosmetic issues, poor fittings, or structural concerns—that the builder must address before you move in. Hiring a professional snagging inspector ensures that your new home meets quality standards and that any necessary repairs are completed promptly.
9. Finalise Your Sale
Finalising your sale is the last step in the home-buying journey. At this stage, all legal documents are signed, funds are transferred, and a completion date is confirmed. Your solicitor will handle the final checks, ensure all conditions are met, and register the property in your name. Once everything is complete, you’ll receive the keys — and officially become a homeowner.
10. Collect Your Keys!
Once the sale is complete and all legal formalities are finalised, it’s time for the most exciting step — collecting your keys! This marks the official handover of the property and the beginning of your new chapter as a homeowner. Your solicitor or estate agent will arrange the key collection, and you can now move in and make the space your own.
Additional Costs
When Buying A House
Buying your first home is an exciting and rewarding milestone, but it’s important to be aware of the additional costs that come with it. It’s important to factor in these costs from the very start to ensure that you’re less likely to bust your budget because of unexpected fees.
ESTIMATED EXPENSES WHEN APPLYING FOR A MORTGAGE
Property Valuation Fee
From €150 to €300
Surveying Fee
From €400 to €1,500
Mortgage Protection Insurance
On average between €20 - €40 per month
ESTIMATED EXPENSES DURING THE HOME BUYING PROCESS
Legal / Solicitor’s Fee
From €1,500 + VAT
ESTIMATED EXPENSES AFTER GOING SALE AGREED
Land Registry Fee
From €400 to €800
1% of the property value up to €1m
Stamp Duty
Annual payment which varies according to your valuation bands set by the Revenue
Local Property Tax (LPT)
From €400 to €650 per year
Home Insurance