Moving from your first home to your forever home is an exciting milestone, but today's property market can make the journey more complex. From understanding your budget and mortgage options to navigating low housing supply and the timing of buying and selling, being well prepared can make all the difference.
Supply remains low and the market moves fast.
There were 11,800 homes for sale nationwide at the end of Q1 2026, with supply still historically low. Homes are typically going sale agreed in just over a month and selling for around 7% above asking price.
Timing can be challenging.
Homeowners often have significant equity in their current home but usually need to sell before they can use that equity to buy their next property, making it difficult to compete in a fast-moving market.
Understanding the timing & financing of sale & purchase is something our advisors can help with at doddlie
Mortgage Rules & Affordability Matter.
Second-time buyers need a 10% deposit and are generally limited to borrowing 3.5 times their income (with some exceptions available). Larger deposits can secure lower interest rates, but family commitments can reduce borrowing capacity.
Many families are choosing to renovate instead of move.
Limited housing supply & rising prices have led many homeowners to improve or extend their existing homes rather than face the challenges of moving.
Releasing equity by increasing your existing mortgage to fund renovations is possible.
Preparation is key for anyone planning to move.
Prospective movers should secure mortgage approval in principle, understand their budget and repayments, prepare their home for sale early, and have a clear plan for managing the timing of selling and buying in a competitive market.
Get in Touch with the expert mortgage team at doddl.ie to kickstart your mortgage and homebuying journey in 2026.
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