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Published on: doddl News

Costs to take out a mortgage

Martina Hennessy, MD of discusses deposit requirements for first and second time buyers plus other transaction costs to consider in order to complete out on the purchase:

Deposit Requirements
First Time Buyers Deposit amount is 10% of the purchase price

Second Time Buyers  Deposit amount is 20% of the purchase price (*exceptions available to reduce this deposit requirement)

Other Costs 
Legal fees
Stamp duty
Valuation costs

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