Home Insurance
Home Insurance

Home Insurance

Buildings and contents insurance also known as home insurance. It is a combined insurance that will cover or replace any damage that might occur to your home or its contents, including loss. It is essential for all mortgaged homes, and the majority of other homeowners who do not have a mortgage will also have this type of home insurance.

  • Buildings insurance – This insurance covers your house in case of a disaster where your house may need to be rebuilt. The event which caused the damage must have been completely beyond your control, for example storm or flood damage, a major fire, smoke or explosions, water leakage/burst pipes, subsidence, or third party vandalism or damage etc.
  • Contents insurance – This covers most items in your house which are not fixed to the property, for example your furniture, jewellery, appliances and clothing. Most of the available contents insurance policies will even cover things like the contents of your refrigerator and freezer!

Why do I need this type of home insurance?

Mortgage providers will insist on this type of home insurance when you take out a mortgage with them to cover the property. However home insurance is highly recommended to protect you against unforeseen circumstances.

How the Mortgage Process works:

The mortgage process involves quiet a lot of documentation and we have set out below the different stages involved from arranging mortgage approval to closing your mortgage.

Stage 1
Stage 2
Stage 3
Stage 4
Stage 5
Stage 6

Make an Appointment

It is important to sit down or discuss with one of our Advisors your requirements.  They will need you to provide or confirm a number of details in order for them to assess your case accurately. Once the Advisor has checked that you meet the criteria the next stage is t submit an application for approval to the chosen bank.

Application Submitted to Lender

In order to submit an application to the lender, you must meet their documentation requirements and in this regard we have provided a checklist of the required documentation along with the necessary application forms, declaration etc.  The Advisor will then review all documentation, put together a lending report and submit your case for approval to the lender.

Approval in Principle

Once the lender has underwritten your application and they are satisfied it meets with their criteria they will issue Approval in Principle, which will include conditions of approval.  This will then allow you to secure your property, once the property is secured we will then have to arrange a valuation to be done on the property and sent to the lender.  Once all Approval in Principle conditions are meet the bank will then move your application to the next stage which is Loan Offer.

Loan Offer

The bank will issue the loan offer along with a legal pack to your solicitor, you must contact your solicitor to arrange time to meet to sign contracts and other legal documentation.

Arrange Insurance

The next stage of the mortgage process is to arrange mortgage protection and home insurance. At this stage we will contact you to arrange quotations.

Mortgage Closing

The final part of the mortgage process is to ensure that all conditions set by the bank have been met. Your solicitor will have returned the documentations to the lender for final sign-off. Once the lender is satisfied that all conditions of approval have been met by you, they will release the cheque to your solicitor to complete the buying process for your new home.

Peace of mind is a call away

With our trusted friendly staff, easy paperwork, and a quick response for your Building & Contents Mortgage option in all 26 counties of Ireland; we will guarantee that you will be walking away with a smile on your face after dealing with us.

or call us on +353 1 627 9495

Our walk in office provides access to qualified mortgage brokers covering mortgages in all 26 counties of Ireland.

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We will endeavour to secure the best mortgage deal for you