Mortgages and Property

Ireland

Includes the Republic of Ireland (for Northern Ireland see UK) on residential property

Loans available for the majority of Nationalities for either House Purchase or re-financing for other purposes including Home Improvements.

Type of Loan: Repayment or Endowment Mortgage

Minimum: £ 20,000, No Maximum, but must not exceed 75%/80% of valuation or purchase price (whichever is the lower). Higher percentage loans are available if the property is to be a Main Residence.

Proof of Income: required in all cases (can be made up of Earned Income, Pension, Investment or Rental Income. Please note however, it is not always the case that the Lender will take all or part of these Incomes into account when determining the maximum loan available). Non-Status loans are currently not available

Term: 5 to 25 years up to age 70

Currency: Euros and Sterling loans are available

Current Interest Rate in Euros: from 3.60% fixed for one year

Example: Repayment mortgage of €80,000 over a period of 15 years at an interest rate of 3.60% fixed for the first year and then approx 4.20% thereafter = € 583.20 Capital and Interest for the first year and then approx € 608.80 per month thereafter. Total approx over term of € 110,877 including capital, interest, arrangement and survey fees.