Green Mortgage

Fixed Interest Rate

Are you buying or building a property with a high level of energy efficiency? Now you can apply for Bank of Ireland’s Green Mortgage fixed interest rate.

Our Green Mortgage fixed interest rate is a discount of 0.20% off any of our fixed rate options ranging from 1 to 10 years. You can avail of the discounted fixed rate when you start your mortgage where (a) the property you are buying or building has or will have a Building Energy Efficiency Rating (BER) of B3 or better, (b) or if you are are switching your mortgage loan to us from another lender and the property has a BER rating of B3 or better and (c) you draw down your new mortgage by 30 June 2022. (At the end of your initial fixed rate period you can choose from the normal interest rate options available to existing customers at that stage.)

You can get the Green Mortgage fixed interest rate if (a) you are borrowing to buy or build a home for yourself or your family or an Investment property to let, as long as the property has a BER rating of B3 or better, or (b) if you are topping up an existing mortgage with us to upgrade your property to achieve a BER rating of B3 or better (the Green Mortgage fixed interest rate will only apply to the top-up Equity Release and not to the existing loan).

We have terms and conditions for this Green Mortgage fixed interest rate, see here.

So now you can save money on your mortgage interest rate when you save money on your energy bills.

Ask us about a Green Mortgage fixed interest rate today.

Find out more about BER

Improving your home’s BER can make it warmer, reduce your energy costs, and may improve its appeal to future buyers or tenants.

To find out more BER, including how to apply for grants, visit the Sustainable Energy Authority of Ireland website.1

 
Apply Now Talk to us today – 0818 365 345 Information and Legal notices

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 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. Available to over 18s only. Bank of Ireland Mortgage Bank is not responsible for information on third party websites.
Warning: If you do not keep up your repayments you may lose your home.
Warning: You may have to pay charges if you pay off a fixed–rate loan early.
Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.
Bank of Ireland Mortgage Bank trading as Bank of Ireland Mortgages is regulated by the Central Bank of Ireland.
1 We are not responsible for information on third party websites.