Mortgage Week

Looking to switch or move? First home? Cashback?

We have a number of mortgage talks taking place April 1st – 5th providing you with all the information you need.

If you’re looking to begin your mortgage journey and would like to learn more, Mortgage Week for Colleagues is launching 1 April. Across the week, dedicated Bank at Work staff will be available in several locations, hosting a series of ‘Why BOI?’ mortgage talks and one-on-one consultations. They will be providing expert information on all stages of the mortgage process, from application to drawdown, and are available to answer any questions you might have.

Whether you’re taking the first steps towards your mortgage, thinking ahead to the future, or simply curious about the mortgage process, these talks are the perfect opportunity for you to learn more.

Ready to begin?

  • Call our colleague switching line on 1890 365 850
  • Arrange an appointment with our dedicated Bank at Work Dedicated Advisor by texting BAW to 50365
  • Attend one of our ‘Why BOI?’ Mortgage clinics on the day to learn more
  • See full schedule below

Enter our competition

To celebrate this launch we have 4 x €50 One4All vouchers up for grabs. Head over to Yammer to enter now.

We also have pairs of tickets to Leinster vs Glasgow on Saturday 13 April to give away at each talk!

BOI Mortgage Week Schedule

 

SiteDate‘Why BOI?’ Talk Location

‘Why BOI?’ Talk(s): Time(s)Click to book 1-on-1
IT CentreMonday 1 AprilCanteen12 pmhttps://bankofireland.com/boicabinteely
BOI Ops CentreTuesday 2 AprilHerbert Room 511am, 12pm, 1pmhttps://bankofireland.com/boicabinteely
NCHWednesday 3 AprilRoom 0.4 for talk12pm and 1pmhttps://bankofireland.com/nch
Direct Channels – ArenaThursday 4 AprilBoardroom12pmEmail workplacebanking@boi.com or text BAW to 50365
Direct Channels – KilkennyThursday 4 AprilConnaught & Ulster Room 3212.30pmEmail workplacebanking@boi.com or text BAW to 50365
New IrelandThursday 4 AprilThe Wilde Room12pm and 1pmhttps://bankofireland.com/newirelandassurance
BPZFriday 5 AprilRoom 1.712pmhttps://bankofireland.com/BSP
BP2Friday 5 AprilMeeting Room 4, 3rd Floor12pmhttps://bankofireland.com/BP2

Why BOI?

The Cashback and Low Fixed Rate

Whether you’re a first time buyer or someone looking to switch their mortgage to Bank of Ireland, there are cashback options to suit you.

Bryan O’Hanlon, a first time buyer, found the mortgage cashback and the MortgageSaver bonus invaluable when he was buying his house and came up against unexpected costs.

“We knew that the house that we were buying was maybe fifteen or twenty years old. It probably needed a small bit of work so having that cashback was almost like a buffer to protect us from that. We didn’t realise it at the start but the front door had to be replaced and the cost of that was far more than what we had expected it to be but the cashback and mortgage saver bonus protected us from that unforeseen expenditure”

Gareth Irvine, who switched his mortgage to Bank of Ireland, used his cashback to clear some personal loans, but was also attracted by the option to fix his rate for 5 years.

“I wanted to fix to protect myself from any variable rate rises that lay ahead. By switching to Bank of Ireland I was able to reduce my monthly repayments with no impact on my personal cash flow or monthly finances. As a very happy BOI mortgage switcher, I can now ask you to ask yourself: ‘why wouldn’t I switch to BOI today?’”

Dedicated mortgage specialists come recommended by colleagues and can provide expert info at a time convenient to you

Applying for a mortgage can be a stressful process. From finding the time to meet with a mortgage specialist to trying to decipher the documentation that needs to be submitted, the whole thing seems designed to frustrate.

It doesn’t have to be this way. Staff members Caroline Crawford and Jackie Ewing found working with dedicated mortgage specialists made all the difference when starting their mortgage journey.

Caroline had a complex mortgage situation with mortgages in both her and her husband’s names in different banks and, after several frustrating experiences with previous mortgage applications, credits her mortgage specialist, Aoife, with giving her and her husband the peace of mind to proceed with the application.

“Aoife gave us a couple of really good suggestions. We really warmed to her and she gave us confidence that we would be able to get this mortgage despite having a number of other mortgages. With her knowledge, we were able to keep our principal residence while getting the mortgage and then rent it out after, which we never thought we’d be able to do.”

Jackie had a similar experience with her mortgage specialist, and she found the convenience of the Bank at Work scheme instrumental in her decision to proceed with her mortgage application with Bank of Ireland.

“It was the convenience of the bank at work scheme, my husband works for eBay and Bank at Work would go in there so that meant he could have conversations with Aoife as well and understand it from that side of things… Aoife understood our circumstances, understood our accounts because she had conversations with us face to face and went through everything with us. She knows her stuff so it put our minds at ease knowing she was looking after us”

Terms and Conditions

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 and 80% of the property value (90% of the property value for first time buyers) but these limits may vary. A typical mortgage 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%). The total amount you pay is €148,114.60. APRC includes €150 valuation fee and mortgage charge of €175 paid to the Property Registration Authority. 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].
Warning: If you do not keep up your repayments you may lose your home.
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.
Warning: You may have to pay charges if you pay off a fixed-rate loan early.
Bank of Ireland Mortgage Bank trading as Bank of Ireland Mortgages is regulated by the Central Bank of Ireland.