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When everyone has a home

Housing advice for Northern Ireland

Paying for a home

Most people need to apply for a mortgage when they’re buying a home. This is a long term loan from a bank or building society. The loan is secured on your home so if you stop paying the bank can repossess the property. You should speak to an independent financial adviser to find out which type of mortgage is best for you.

You will have to pay stamp duty if your new home costs more than £125,000. This calculator from the Money Advice Service will help you figure out how much stamp duty you'll have to pay.

Whether you own your home or rent it, you need to have contents insurance. Homeowners will also need to have buildings insurance and may have to have life assurance as part of the conditions of their mortgage. Insurance protects you against risk. In return for this cover, you pay a premium to the insurance company. You can usually pay your premiums in a lump sum or in monthly deduction

These calculators could help you manage your budget. 

Land & Property Services, (LPS) is the agency that collects rates. Your rate bill is based on your property's capital value and the council area you live in.

These tools and calculators can help you figure out the costs of buying a home. 

If you qualify for the Disabled Person's Allowance or the Lone Pensioner Allowance you will get a discount on your rates bill.

The bedroom tax reduces how much help you get towards your rent if your home has too many rooms and you rent from the Housing Executive or a housing association. 

The proper name for this policy is the 'social sector size criteria', but most people call it the bedroom tax. 

Owners of empty properties will receive a rates bill for the empty property each year. There are a few exceptions to this rule. 

Most people who need to start claiming benefits will now claim Universal Credit. You can make and manage a Universal Credit claim online. The phone number for Universal Credit in Northern Ireland is 0800 012 1331 

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