Nearly two-thirds of first-time buyers are unclear about how the mortgage process works according to new research from KBC Bank Ireland.
To deal with this issue, KBC is inviting first-time buyers from around the country to the bank’s first ever national Mortgage Lounge event on Thursday.
Taking place from 6pm-8pm at the Mansion House on Dawson Street, Dublin 2, the Mortgage Lounge is aimed specifically at helping first-time buyers to understand the mortgage process from beginning to end in an easy and accessible format.
The event brings together a team of mortgage advisors from KBC Bank, estate agents from Sherry Fitzgerald and solicitors from McDowell Purcell all under one roof, giving first time buyers the opportunity to hear from industry experts and take part in panel discussions.
Furthermore, attendees can also browse the Mortgage Lounge Expo and speak one-to-one with a team of mortgage and insurance advisors, brokers, estate agents and solicitors.
Director of Customer, Brand and Marketing at KBC Bank, Aidan Power said: "It’s clear from our research that first-time buyers are looking for help when it comes to understanding how the mortgage process works. At KBC Bank we understand that buying your first home can be an exciting time, but also a little daunting and confusing.
"Our Mortgage Lounge event is designed with that in mind, giving first-time buyers straightforward information, expert advice, and the reassurance they need to take the next step to becoming a home owner. There’s still time to register and I would encourage any first-time buyer looking for guidance to come along for a relaxed and informative evening next Thursday."
