Buying your home doesn't need to be stressful

Thinking about Buying

A good first step is talking to a Bank of Ireland mortgage advisor. You can do this over the phone, in one of our 250 branches or one of our mobile mortgage managers can come to you. It is good to talk and we want to talk to you.

Getting Mortgage Ready

Planning is everything. If you already have a deposit saved then talk to us today.  If you are getting mortgage ready, have a look at our fantastic offer for First Time Buyers – we’ll pay you a 10% Bonus on your savings in a MortgageSaver account. Terms and conditions apply. Click below for more information. 

Applying for a Mortgage

Applying for a mortgage from Bank of Ireland could move you even closer to your new home. If you're a first-time buyer, we'll pay you 2% of your mortgage back as cash.* How about that for a house-warmer?

Finding a Property

Once you have Bank of Ireland Approval in Principle (AIP) for a mortgage amount, you can search for a property you want to buy. When you find one, we'll issue you with an Offer Letter once the conditions in the AIP have been met.

Moving In

The bid has been accepted, the paperwork is complete and time off has been arranged. It is time to move in and make the home your home.  Leave the bank transfer to us and concentrate on all the other logistics. Try to enjoy the day, savour the moment and congratulate yourself. You have just arrived……. home.

First Time Buyer rates

If you are a first time buyer you can opt for a variable rate, a fixed rate or a twin rate which is a mix of both fixed and variable.  For more information on rates please see our Rates Masterclass.

LTV – Loan to Value               APR – Annual Percentage Rate

Product: LTV
Interest Rate
APRC
Variable (LTV <=60%)
3.90%
4.0%
Variable (LTV 61% - 80%)
4.20%
4.3%
Variable (LTV >80%)
4.50%
4.6%
1 Year Fixed LTV <=60%
3.40%
3.9%
1 Year Fixed LTV 61%-80%
3.40%
4.2%
1 Year Fixed LTV >80%
3.65%
4.5%
2 Year Fixed LTV <=60%
3.35%
3.9%
2 Year Fixed LTV 61%-80%
3.35%
4.1%
2 Year Fixed LTV >80%
3.65%
4.4%
3 Year Fixed LTV <=60%
3.45%
3.9%
3 Year Fixed LTV 61%-80%
3.45%
4.1%
3 Year Fixed LTV >80%
3.70%
4.4%
5 Year Fixed LTV <=60%
3.45%
3.8%
5 Year Fixed LTV 61%-80%
3.45%
3.9%
5 Year Fixed LTV >80%
3.75%
4.2%
10 Year Fixed LTV <=60%
4.20%
4.3%
10 Year Fixed LTV 61%-80%
4.20%
4.3%
10 Year Fixed LTV >80%
4.40%
4.5%

Owner Occupier rates are effective from 16th February 2016 and are subject to change. These rates are provided for information only. At the end of the fixed rate period, existing customers on a fixed rate can choose from our range of fixed rate options or roll to the prevailing LTV Variable rates. Existing Customers on a variable rate can choose from our range of fixed rates.

To avail of any of our lower fixed rate options (LTVs <=80%), a full property valuation report may need to be provided.

The lender is Bank of Ireland Mortgages. Lending criteria and terms and conditions apply.  A typical mortgage to buy your home of €100,000 over 20 years with 240 monthly instalments costs €615.79 per month at 4.2% variable (Annual Percentage Rate of Charge (APRC) 4.3%). APRC includes €150 valuation fee and mortgage charge of €175 paid to the Property Registration Authority.  The total amount you pay is €148,114.60. We require property and life insurance. You mortgage your home to secure the loan. Maximum loan is generally 3.5 times gross annual income and 80% of the property value (90% of the property value up to €220,000 for first time buyers). A 1% interest rate rise would increase monthly repayments by €54.02 per month. The cost of your monthly repayments may increase – if you do not keep up your repayments you may lose your home.  

*Cashback offer available with mortgages drawn down between 3rd June 2015 and 30th September 2016. Not applicable with any other offer.

Talk to an Advisor

You can do a full mortgage application over the phone or at a branch.

Are you ready to apply for a mortgage? Book an Appointment now

Phone Appointment with a Mortgage Advisor

If you would like to book a Phone Appointment and speak with a Mortgage Advisor over the phone.

Book Phone Appointment

Branch & Mobile Mortgage Manager Appointment

If you would like to meet a Mortgage Advisor in person in branch or at a location convenient to you.

Book Branch Appointment