Joe Flanagan (LIB QFA)

If you are a single or sole applicant, you have probably asked yourself, “is it possible to get on the property ladder in my situation?” more than once. In a competitive market, it can feel like everyone is buying as a couple with two incomes and bigger deposits. But that does not mean you are locked out of homeownership.

With the right preparation, the right supports and the right broker in your corner, buying on your own is absolutely possible – and many people are already doing it

You are not the exception – you are part of a growing group

Despite the doom‑and‑gloom narrative, sole applicants are far from rare. In fact, around four in ten home purchases in Ireland in 2024 were made by single or sole applicants. [1] That is a strong reminder that one income does not mean no chance – it just means your route needs to be planned carefully.

A good broker’s job is to help you build that plan, explain your options clearly and make sure you are not navigating the process alone.

1. Be prepared: know what lenders want

The first step is understanding what you need to show to get the maximum approval available on your income. Key points include:

Demonstrating repayment ability

Lenders want to see that you can comfortably afford the mortgage repayment. That usually means a clear pattern of rent and/or savings that lines up with your future monthly repayment.

Knowing your income limit

Most lenders will allow you to borrow a multiple of your gross income, with the possibility of a higher “loan‑to‑income” exception in some cases. Ask your broker whether an exception is realistic for your profile and lender choice.

Once your broker helps you secure an Approval in Principle (AIP), you have a clear budget and can start looking at properties with confidence instead of guesswork.

2. Use the supports designed to help you

Help to Buy

A tax refund that can boost your deposit when you are buying a qualifying new build.

First Home Scheme

A shared‑equity scheme that can top up your budget in exchange for the State taking a small equity stake in your home.

Local authority and other schemes

Depending on your circumstances and location, there may be additional supports – your broker can flag what you might qualify for.

The key is understanding how each scheme works, how they interact with your mortgage and which combination makes most sense for your situation.

3. Do your homework on what you really want

Once you know your budget, it is time to match the numbers to real‑world options. Ask yourself:

Do I need to be close to family or support networks?
How long am I willing to commute?
What amenities matter most to me – cafes, gyms, parks, public transport, schools (now or in future)?

Spending some time on this upfront helps you focus your search on locations and property types that fit both your lifestyle and your budget, instead of chasing every listing and burning out.

4. Stay close to the market

Good preparation only helps if you are ready when opportunities appear. To give yourself every chance:

Register with local estate agents and property developers.
Sign up for alerts on property portals for your preferred areas and price ranges.
Keep an eye on new‑build launches and upcoming schemes where Help to Buy or the First Home Scheme may apply.

Being on the radar means you hear about suitable properties early instead of discovering them after they are already sale agreed.

5. Be patient – and don’t lose heart

Being a sole applicant can feel frustrating at times. Your budget may not stretch to every area or property you had in mind, and you might miss out on a few bids along the way. That does not mean it will never happen.

Remember: a significant share of buyers in Ireland are in the same boat and are getting over the line. If an offer does not work out, it is a setback – not a verdict on your future as a homeowner. With solid preparation and a clear strategy, your next opportunity could be the one that works.

You may be buying alone, but you are not on your own

Buying a home on your own is a big step, but it is not one you need to take in isolation. A good broker will:

Explain what is realistic on your income
Help you make the most of every available support
Match you with lenders suited to your profile
Guide you from first chat to keys in your hand

Being a sole applicant does bring its own challenges – but with the right support and a clear plan, it can also be your route to a home that is entirely your own.

If you’d like help working out where you currently stand and get a realistic plan that gives you a clear idea of what steps you need to take, I’m here and ready to talk. Book a chat with me today.