Strike a better deal

with up to 3% Cashback when you switch.

Begin your Mortgage Journey Now

Over the last year, people who’ve switched their mortgage to Bank of Ireland have discovered just how easy it is to do this. More importantly, they stand to gain an average cashback windfall of €9,600.

€9,600 is based on the average mortgage switched to Bank of Ireland, with 2% cashback paid on drawdown, and the remaining 1% cashback after five years.1

How would you use yours?

  • Got grand designs on some home improvements?
  • Want to put a little aside for a rainy day?
  • Maybe paying off some bills is what you’ve got in mind?

However you choose to use your cashback, the Switcher team is here to help.

You can simply apply online now or call us on 0818 365 850. We’ll work out how much cashback you could get, and how much you can save by switching your mortgage to Bank of Ireland.

Apply Online Call to Switch Your Mortgage

Get up to 3% Cashback


  • Get 2% of your new mortgage back as cash after you switch and draw down your new mortgage
  • Plus as a special ‘thank you’, we will give you an additional 1% of your mortgage back in cash in five years’ time (subject to meeting the conditions of the mortgage).

This offer is available to Owner-Occupier switchers who draw down their new mortgage by 31 December 2024.

If you switch a Buy to Let Investment mortgage, you can still avail of our 2% Cashback offer when you draw down your mortgage. Cashback is not available with the High Value Mortgage fixed interest rate.


  • Terms and Conditions

    The Bank of Ireland Cashback PLUS Mortgage Offer

    • The Cashback PLUS Mortgage offer is available to you if:
      1. You use your mortgage loan to buy a home in the Republic of Ireland to live in yourself (as a Home Mover) or if you switch your mortgage loan to us from another lender (outside the Bank of Ireland Group) by re-mortgaging the house you live in AND
      2. You draw down your new mortgage loan by 31 December 2024.
    • The Cashback PLUS Mortgage Offer is available whether you chose a fixed or variable rate for your mortgage.
    • Cashback is not available with the High Value Mortgage fixed interest rate.
    • 2% cashback payment will be 2% of the amount you borrow under your mortgage loan offer letter. The payment will be made into your mortgage-paying current account within 45 days of drawdown of your mortgage.
    • The 1% cashback payment at the end of year 5 is 1% of the mortgage loan amount you originally drew down. The 1% cashback payment will be made into your mortgage paying current account within 45 days of the 5th anniversary of your mortgage drawdown.
    • To qualify for the payment of 1% in year 5:
      1. Your mortgage must have been drawn down within the Cashback PLUS Mortgage offer period;
      2. The Loan originally drawn down less scheduled repayments must still be owing on the fifth anniversary of the draw down date;
      3. You must have made all of your mortgage payments in full and on time;
      4. You must have met all of your other obligations under your mortgage loan documents in full;
      5. You must still live in the home you mortgaged to secure the loan on the 5th anniversary; and
      6. We must not have agreed or arranged to allow you make any reduced mortgage repayments or stop making repayments for any time. If you qualify to take a three month payment holiday and avail of it, it does not affect your entitlement to the 1% cashback payment at year 5.
    • If you draw down your mortgage in stages (e.g. for a self-build):
      1. The first drawdown must be made between 5 September 2016 and 31 December 2024 to qualify for the offer.
      2. In addition, final drawdown must be made within 18 months of first drawdown
      3. The 2% Cashback will be paid within 45 days of the final stage drawdown and will be 2% of the amount you borrow under your initial mortgage loan offer letter.
      4. Any additional lending is excluded from the calculation, e.g. a top-up mortgage loan.
      5. The 1% cashback payment at year 5 is 1% of the amount you borrow under your initial mortgage loan offer letter. The 1% cashback payment will be made into your mortgage paying account within 45 days of the 5th anniversary of the final stage drawdown.
      6. . Cashback is not available with the High Value Mortgage fixed interest rate.
    • The Cashback PLUS Mortgage offer is not available (a) for top-up mortgages; b) for any mortgage to buy a property to let or for investment; or (c) for any mortgage where you do not borrow as a consumer. The Cashback Plus mortgage offer is only available on mortgages from Bank of Ireland Mortgage Bank u.c.
    • Cashback is not available with the High Value Mortgage fixed interest rate.
    • We reserve the right to withdraw the Cashback PLUS Mortgage Offer at any time at our discretion, for example, to reflect any changes in law or regulation or how they are interpreted. If we do withdraw the offer before 31 December 2024, we will notify the public of this by putting an advertisement on our website and in at least one national newspaper.


What mortgage options are available?

In general, a mortgage of up to 3.5 times your gross annual income (combined income for joint applicants) is available to switchers and you can borrow up to 90% of the property value. These limits can vary so come and talk to us.

Terms of up to 35 years are available to switchers.

Apply Now



Flexible repayment options

You’ll get access to a range of flexible repayment options.

Take a three month payment break or skip months. Make overpayments to save interest or reduce your term. Split your mortgage between fixed and variable rates, and choose from our rate options available to existing customers at the end of your fixed rate period. Find out more.

Switching isn’t just easy, it’s flexible.

It’s so easy to contact us to talk about mortgages

Are you ready to take the next step and get switched on to switching? We’re here to help you every step of the way.

Meet us in a branch

We have qualified mortgage specialists across our extensive nationwide branch network

Make an appointment

We’ll call to your home

Our Mobile Mortgage Managers will meet you at a time and place that suits you

Book an appointment

Call us

Speak with one of our switching specialists Mon-Fri 9am-5pm

0818 365 850


Let us call you

Request a callback

Talk to us via Skype or Facetime

Arrange a time

Interest Rates


We offer a wide range of fixed rate options ranging from 12 months to 10 years. You can even choose a combination of fixed and variable rates – a Twin interest rate – where you fix a portion of your mortgage and put the rest on a variable rate.
 

Last update: 27/10/2023 09:48:58
mortgage type name ltv rule product ltv description fixed or variable interest rate percentage apr
First Time Buyer<=60%1 Year Fixed LTV <=60%fixed4.654.8
First Time Buyer61%-80%1 Year Fixed LTV 61%-80%fixed4.654.8
First Time Buyer>80%1 Year Fixed LTV >80%fixed4.654.9
First Time Buyer<=60%2 Year Fixed LTV <=60%fixed4.654.8
First Time Buyer61%-80%2 Year Fixed LTV 61%-80%fixed4.654.8
First Time Buyer>80%2 Year Fixed LTV >80%fixed4.654.9
First Time Buyer<=60%3 Year Fixed LTV <=60%fixed4.754.9
First Time Buyer61%-80%3 Year Fixed LTV 61%-80%fixed4.754.9
First Time Buyer>80%3 Year Fixed LTV >80%fixed4.754.9
First Time Buyer<=60%5 Year Fixed LTV <=60%fixed4.754.9
First Time Buyer61%-80%5 Year Fixed LTV 61%-80%fixed4.754.9
First Time Buyer>80%5 Year Fixed LTV >80%fixed4.754.9
First Time Buyer<=60%4 Year Fixed HVM* LTV <=60%fixed3.954.2
First Time Buyer61%-80%4 Year Fixed HVM* LTV 61%-80%fixed3.954.4
First Time Buyer>80%4 Year Fixed HVM* LTV >80%fixed3.954.5
First Time Buyer<=60%5 Year Fixed HVM* LTV <=60%fixed4.254.4
First Time Buyer61%-80%5 Year Fixed HVM* LTV 61%-80%fixed4.254.5
First Time Buyer>80%5 Year Fixed HVM* LTV >80%fixed4.254.6
First Time Buyer<=60%7 Year Fixed HVM* LTV <=60%fixed4.34.4
First Time Buyer61%-80%7 Year Fixed HVM* LTV 61%-80%fixed4.34.5
First Time Buyer>80%7 Year Fixed HVM* LTV >80%fixed4.34.6
First Time Buyer<=60%10 Year Fixed LTV <=60%fixed5.055.2
First Time Buyer61%-80%10 Year Fixed LTV 61%-80%fixed5.055.2
First Time Buyer>80%10 Year Fixed LTV >80%fixed5.255.4
First Time Buyer<=60%Variable LTV <=60%variable4.154.3
First Time Buyer61%-80%Variable LTV 61%-80%variable4.454.6
First Time Buyer>80%Variable LTV >80%variable4.754.9
Mover<=60%1 Year Fixed LTV <=60%fixed4.654.8
Mover61%-80%1 Year Fixed LTV 61%-80%fixed4.654.8
Mover>80%1 Year Fixed LTV >80%fixed4.654.9
Mover<=60%2 Year Fixed LTV <=60%fixed4.654.8
Mover61%-80%2 Year Fixed LTV 61%-80%fixed4.654.8
Mover>80%2 Year Fixed LTV >80%fixed4.654.9
Mover<=60%3 Year Fixed LTV <=60%fixed4.754.9
Mover61%-80%3 Year Fixed LTV 61%-80%fixed4.754.9
Mover>80%3 Year Fixed LTV >80%fixed4.754.9
Mover<=60%5 Year Fixed LTV <=60%fixed4.754.9
Mover61%-80%5 Year Fixed LTV 61%-80%fixed4.754.9
Mover>80%5 Year Fixed LTV >80%fixed4.754.9
Mover<=60%4 Year Fixed HVM* LTV <=60%fixed3.954.2
Mover61%-80%4 Year Fixed HVM* LTV 61%-80%fixed3.954.4
Mover>80%4 Year Fixed HVM* LTV >80%fixed3.954.5
Mover<=60%5 Year Fixed HVM* LTV <=60%fixed4.254.4
Mover61%-80%5 Year Fixed HVM* LTV 61%-80%fixed4.254.5
Mover>80%5 Year Fixed HVM* LTV >80%fixed4.254.6
Mover<=60%7 Year Fixed HVM* LTV <=60%fixed4.34.4
Mover61%-80%7 Year Fixed HVM* LTV 61%-80%fixed4.34.5
Mover>80%7 Year Fixed HVM* LTV >80%fixed4.34.6
Mover<=60%10 Year Fixed LTV <=60%fixed5.055.2
Mover61%-80%10 Year Fixed LTV 61%-80%fixed5.055.2
Mover>80%10 Year Fixed LTV >80%fixed5.255.4
Mover<=60%Variable LTV <=60%variable4.154.3
Mover61%-80%Variable LTV 61%-80%variable4.454.6
Mover>80%Variable LTV >80%variable4.754.9
Investor - New<50%2 Year Fixed LTV <50%fixed6.56.9
Investor - New50% - 75%2 Year Fixed LTV 50% - 75%fixed6.747.1
Investor - New<50%5 Year Fixed LTV <50%fixed6.657
Investor - New50% - 75%5 Year Fixed LTV 50% - 75%fixed6.857.3
Investor - New<50%Variable LTV <50%variable4.855.1
Investor - New50% - 75%Variable LTV 50% - 75%variable5.055.4
Investor - NewRoll to Variableroll to variable5.055.1
Switcher<=60%1 Year Fixed LTV <=60%fixed4.654.8
Switcher61%-80%1 Year Fixed LTV 61%-80%fixed4.654.8
Switcher>80%1 Year Fixed LTV >80%fixed4.654.9
Switcher<=60%2 Year Fixed LTV <=60%fixed4.654.8
Switcher61%-80%2 Year Fixed LTV 61%-80%fixed4.654.8
Switcher>80%2 Year Fixed LTV >80%fixed4.654.9
Switcher<=60%3 Year Fixed LTV <=60%fixed4.754.9
Switcher61%-80%3 Year Fixed LTV 61%-80%fixed4.754.9
Switcher>80%3 Year Fixed LTV >80%fixed4.754.9
Switcher<=60%5 Year Fixed LTV <=60%fixed4.754.9
Switcher61%-80%5 Year Fixed LTV 61%-80%fixed4.754.9
Switcher>80%5 Year Fixed LTV >80%fixed4.754.9
Switcher<=60%4 Year Fixed HVM* LTV <=60%fixed3.954.2
Switcher61%-80%4 Year Fixed HVM* LTV 61%-80%fixed3.954.4
Switcher>80%4 Year Fixed HVM* LTV >80%fixed3.954.5
Switcher<=60%5 Year Fixed HVM* LTV <=60%fixed4.254.4
Switcher61%-80%5 Year Fixed HVM* LTV 61%-80%fixed4.254.5
Switcher>80%5 Year Fixed HVM* LTV >80%fixed4.254.6
Switcher<=60%7 Year Fixed HVM* LTV <=60%fixed4.34.4
Switcher61%-80%7 Year Fixed HVM* LTV 61%-80%fixed4.34.5
Switcher>80%7 Year Fixed HVM* LTV >80%fixed4.34.6
Switcher<=60%10 Year Fixed LTV <=60%fixed5.055.2
Switcher61%-80%10 Year Fixed LTV 61%-80%fixed5.055.2
Switcher>80%10 Year Fixed LTV >80%fixed5.255.4
Switcher<=60%Variable LTV <=60%variable4.154.3
Switcher61%-80%Variable LTV 61%-80%variable4.454.6
Switcher>80%Variable LTV >80%variable4.754.9
Existing<=60%1 Year Fixed LTV <=60%fixed4.154.3
Existing61%-80%1 Year Fixed LTV 61%-80%fixed4.154.5
Existing>80%1 Year Fixed LTV >80%fixed4.154.8
Existing<=60%2 Year Fixed LTV <=60%fixed4.154.3
Existing61%-80%2 Year Fixed LTV 61%-80%fixed4.154.5
Existing>80%2 Year Fixed LTV >80%fixed4.154.7
Existing<=60%3 Year Fixed LTV <=60%fixed4.254.4
Existing61%-80%3 Year Fixed LTV 61%-80%fixed4.254.5
Existing>80%3 Year Fixed LTV >80%fixed4.254.7
Existing<=60%5 Year Fixed LTV <=60%fixed4.254.4
Existing61%-80%5 Year Fixed LTV 61%-80%fixed4.254.5
Existing>80%5 Year Fixed LTV >80%fixed4.254.6
Existing<=60%10 Year Fixed LTV <=60%fixed4.554.7
Existing61%-80%10 Year Fixed LTV 61%-80%fixed4.554.7
Existing>80%10 Year Fixed LTV >80%fixed4.754.9
Existing<=60%Variable LTV <=60%variable4.154.3
Existing61%-80%Variable LTV 61%-80%variable4.454.6
Existing>80%Variable LTV >80%variable4.754.9
Investor - Existing<50%2 Year Fixed LTV <50%fixed66.4
Investor - Existing50% - 75%2 Year Fixed LTV 50% - 75%fixed6.246.6
Investor - Existing<50%5 Year Fixed LTV <50%fixed6.156.5
Investor - Existing50% - 75%5 Year Fixed LTV 50% - 75%fixed6.356.7
Investor - ExistingRoll to Variableroll to variable5.055.1
*The existing rates detailed in the above table are only available to you if you have an existing Bank of Ireland Mortgage account and wish to Fix your Mortgage Rate.
Go to the ‘Mover’ tab for the rates that are available to you if you are moving property or looking to apply for an Equity Release

* 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 by 31 December 2024. Click here for full details and terms and conditions.

APRC calculations are based on the cost per month on a €100,000 mortgage over 20 years. APRC includes €150 valuation fee and mortgage charge of €175 paid to the Property Registration Authority.

APRC is the Annual Percentage rate of Charge.

LTV is Loan to Value.

Owner Occupier rates

Owner Occupier rates are effective from 27 October 2023 and are subject to change. These rates are provided for information only. At the end of a fixed rate period, customers on a fixed rate can choose from our range of fixed rate options or roll to the LTV Variable rate applicable at that time. Customers on a variable rate can choose from our range of fixed rates. To avail of a lower LTV fixed rate a property valuation report may be required.
The lender is Bank of Ireland Mortgages. Lending criteria and terms and conditions apply. Over 18s only. Mortgage approval is subject to assessment of suitability and affordability. You mortgage your property to secure the loan. We require property and life insurance. Maximum loan is generally 3.5 times gross annual income (4 times gross annual income for first time buyers) and 90% of the property value, (70% of the full property value for Buy to Let) but these limits may vary. A typical mortgage to buy your home of €100,000 over 20 years with 240 monthly instalments costs €629.07 per month at 4.45% variable (Annual Percentage Rate of Charge (APRC) 4.6%). The total amount you pay is €151,301.80. A 1% interest rate rise would increase monthly repayments by €54.61 per month. [The cost of your monthly repayments may increase – if you do not keep up your repayments you may lose your home].

Bank of Ireland Mortgage Bank u.c. trading as Bank of Ireland Mortgages is regulated by the Central Bank of Ireland.

Apply Now
Warning: The cost of your monthly repayments may increase.

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, a hire- purchase agreement, a consumer-hire agreement or a BNPL agreement in the future.
1 €9,600 is based on 3% of €320,000 which is the average mortgage switched to Bank of Ireland in the 12 months to April 2023, with 2% cashback paid on drawdown, and the remaining 1% cashback paid after five years (subject to meeting the conditions of the mortgage).