Lowest Rates on Buy-to-Let Mortgages in Ireland BOI has a variable rate of 4.8% Max LTV 75% and 4.6% on LTV under 50% PTSB 5.65% fixed for 3 years on LTV under 70% AIB have a variable rate of 5.2% on an LTV of 70% or less Figures checked October 2023 Generally, buy-to-let mortgages require […]
Continue reading…
Mortgages
ECB Rate Increased to 4%
As expected, the ECB increased their deposit interest rate this week to 4% . The increase, up from 3.75% will take effect from September 20th 2023 The increase in the ECB’s interest rates to their highest level in more than 22 years will heap more pressure on tens of thousands of borrowers. The chances of […]
Continue reading…
Alternative Banks For Ulster Bank and KBC Customers
Ulster Bank In February 2021 , NatWest, owners of Ulster Bank , confirmed that they would be withdrawing from Ireland. Ulster Bank had around 1.1 million customers when it announced that it planned to withdraw from the Republic of Ireland market. On April 21st 2023 , Ulster Bank’s remaining branches around the country closed their […]
Continue reading…
Affordable Mortgages From Local Authorities
A government-backed mortgage scheme – the “Local Authority Home Loan” has been running since the start of 2022. Some people call it the “affordable mortgages scheme“ This local authority scheme provides mortgages at reduced interest rates to first-time buyers who have been refused a mortgage or were offered “insufficient” finance, by at least two lenders. […]
Continue reading…
Getting a Mortgage – 5 ways to improve your chances
Mortgage lenders in Ireland and probably in other countries too – have tightened up the rules on who they lend to.Here are some ways you can increase your chances of getting mortgage approval. 1. Pay off LoansIf you can – try and pay off any loans before you apply for a mortgage – even if […]
Continue reading…