As part of our series of videos on all the things you should consider when you are thinking about looking for a home, we’ve addressed some of the various steps involved as you start the journey of making this important decision.
Our video on: Reserving your new build home until moving in - will help you to:
- Understand that to reserve your new home will require between €5k and €20k
- Understand that this deposit is fully refundable until contracts are signed.
- Understand that your builder will send contracts to your solicitor and you have 21 days to sign and pay 10% inclusive of your initial deposit, of the purchase price.
We have also detailed that even on new builds a bank valuation will be carried out to ensure the property you are buying is equal to the mortgage you are drawing down in terms of value.
Review our video and if you have any further questions please do not hesitate to get in touch.