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.