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JARGON BUSTER

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Planning Permission

To build a house in Ireland, planning permission from your local authority is a requirement before building commences.

Principal Dwelling House (PDH) (or Principal Private Residence)

Where the property being purchased is occupied by the borrower as their principal place of residence.

Private Treaty

This is a method of selling a property or piece of land where offers are made directly to the seller or his estate agent.


WARNING: YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY LOANS SECURED ON IT.