Why choose Bank of Ireland?
Are you buying or building an energy-efficient (BER) of B3 or better property? Now you can save money on your mortgage interest rate.
Green Mortgage Rate
Our Green Mortgage fixed interest rate gives you a discount of 0.30% off any of our fixed rate options.
We want to help you to make the most of your mortgage. Have a look at how you can flex your mortgage to suit your lifestyle with our Flexi-Options. Click here to find out more.
Choose from our range of competitive fixed and variable interest options that include fixed rates between 1 year and 10 years. Click here to find out more.
|Fixed Rate Term||LTV||Green Interest Rate||APRC|
|Fixed Rate Term||LTV||Green HVM Interest Rate||APRC|
LTV stands for loan to value. This is the ratio between the amount you borrow and value of the property or the purchase price, whichever is lower. For example, if a property value is €200,000 and the loan is €150,000 then the LTV is 75%.
APRC means annual percentage rate of charge.
HVM is our High Value Mortgage Fixed Interest Rates
The High Value Mortgage fixed interest rates are a four, five or seven year fixed interest rate with no Cashback. The High Value Mortgage fixed interest rate is available to you if you are buying or building a property to live in as your home or are switching your mortgage loan to the Bank of Ireland Group from another mortgage lender outside our Group, AND you are borrowing €250,000 or more, AND you draw down your new mortgage loan between 18 July 2019 and 31 December 2022. Click here for full details and terms and conditions.
Green Fixed Interest Rate
Our Green Mortgage fixed interest rate is a discount of 0.30% 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 31 December 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).
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.