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Buying in Dungannon

Dungannon sits at the western end of the M1, close to the main manufacturing and food-processing employers of east Tyrone. It is one of the most international towns in Northern Ireland, and that shows up in the mortgage questions.

What you'll find

Older terraces and town houses around the square and the streets off it, established estates, newer developments on the edges of town, and rural houses towards Coalisland, Moy and the shore of Lough Neagh.

Who buys here

People working in manufacturing, engineering and food processing, first-time buyers and young families, and many people who came to Northern Ireland from elsewhere in Europe and beyond and have now settled.

Getting about

The M1 starts just outside the town and runs to Belfast in under an hour. There's no railway; the nearest stations are at Portadown and Lurgan.

Mortgage points to note

  • Residency status. If you're not a British or Irish citizen, lenders will ask about your right to live here, such as settled or pre-settled status, and how long you've been in the UK. Some ask for more deposit; others treat settled status like citizenship. Your credit history in the UK matters too.
  • Shift work and overtime. Factory pay often includes shift allowances and overtime. Some lenders count all of it; others want a track record first.
  • Affordable first homes. Most homes here sit under the first-time buyer stamp duty threshold, and Co-Ownership can lower the deposit further. See how it works.
  • Rural homes. Private drainage, private water and agricultural ties come up outside the town. They narrow the lender list but rarely rule a home out.

Nearby

See also Cookstown, Portadown, Armagh and Omagh.

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