First Time Buyer

Find A Broker

Make buying your first home a seamless experience

Buying your first home can be overwhelming - from trying to understand the mortgage process to when you get the keys . Your Broker and the Haven support team are here to help you through the process and we will try to make it as smooth an experience as possible for you

Getting a mortgage in just four steps

Starting off

Meet your Broker, and they will explain the whole mortgage process in detail.


Your Broker will help you complete the paperwork.

Approval in Principle

Once the Broker sends us the paperwork, we aim to give you mortgage approval in principle.

Loan approval

Once we accept the property and valuation, we will carry out a full loan assessment. If everything checks out, we’ll send you and your solicitor a Letter of Offer.

Keys to your home

Your Broker and Solicitor will help to ensure everything is signed off and there’s no delays in getting the keys to your new home.

€5,000 Cashback

Haven is offering customers €5,000 cashback.

Click here for details

Green 4 year Fixed Rate Mortgage

Our Haven Green 4 Year Fixed Rate Mortgage offers a lower rate of interest for all A1 to B3 energy rated homes.

Find out more

Variable or fixed interest rates

We have competitive interest rates with Variable and Fixed rate options.

Interest rate

More information

  • Repayment term up to 35 years, depending on your age.
  • You must be over 18 to apply.
  • A mortgage must be secured on the property.
  • The Haven €5,000 Cashback is not available on the Haven Green 4 Year Fixed Rate Mortgage. For more information on the terms and conditions of our Cashback offer, see here.
  • If you take up a mortgage loan with us, you will need to have Mortgage Protection cover and Home Insurance cover. Your Broker can help you with these.
  • There are costs involved in the mortgage process, such as the €150 fee for having the property valued (you will need to use a valuer from the Haven Residential Mortgage Valuers panel), legal fees, maybe a surveyor and Stamp Duty. You may also have to budget for repairs and decoration of your new home.

— Got questions? —

Here are answers to some questions.

From 1 January 2023, the Central Bank of Ireland has made changes to who can now be considered a First Time Buyer.

You are a First Time Buyer if you:

  • and anyone else applying with you have never borrowed for a property anywhere before;
  • have borrowed as a first time borrower for a family home before as part of a couple, but you no longer have an interest in that property yourself because your marriage, civil partnership or relationship has ended, and you have no other mortgage loans (this is called a “Fresh Start”);
  • have been declared insolvent or bankrupt and no longer have an interest in any property (this is called a “Fresh Start”);
  • are switching a mortgage for a first family home in the Republic of Ireland to us and you are borrowing more money;
  • are topping up your Haven mortgage on your first family home; or
  • have a first family home with no mortgage and you want to borrow money against the value of this home.

Every application is different, so to help you, you’ll find some of the typical documents that we need here. There may be others that we need, but we will tell you as they come up.

  • For First Time Buyers, you can borrow up to 90% of the value of the property (this percentage is known as the LTV, or Loan to Value of your home). The other 10% difference is your deposit which you may have from savings.
  • Up to 80% Loan to Value is available for a studio apartment valued at €275,000 or above, or a one-bedroom property. We do not lend for studio apartments valued at under €275,000.

The amount you can borrow depends on what you can comfortably afford to repay monthly, this typically not more than 35% of your disposable income. As a general rule, you can borrow up to four times your income, but it really depends on your overall financial commitments.

Once you give your Broker your application and any other documentation, they ask you for (these are listed in your Approval in Principle letter) they will contact you within three business days to say we have received it.

  1. If there is any information missing, they will tell you within three business days.
  2. We will let your Broker know our decision on your mortgage application within ten business days of receiving all the information we need.
  3. If we cannot give you a decision within ten business days, we will tell your Broker why and when we are likely to do so.

Mortgage Approval in Principle lasts for six months.

Regulatory Information

Lending criteria, terms and conditions apply. Over 18s only. Security may be required.

  • WARNING: If you do not keep up your repayments you may lose your home.
  • WARNING: You may have to pay charges if you pay off a fixed-rate loan early.
  • WARNING: The cost of your monthly repayments may increase.
  • WARNING: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit, a hire-purchase agreement, a consumer-hire agreement or a BNPL agreement in the future.
  • WARNING: The entire amount that you have borrowed will still be outstanding at the end of the interest-only period.