Best Rates on Buy to Let Mortgages

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 a higher deposit than standard mortgages. Mortgage Lenders in Ireland will usually require a deposit of 30% or more

A typical Buy to Let mortgage of €209,000 at 4.85% over 20 years with 240 monthly instalments would cost €1356 a month – a total of €325.517 over 20 years. (Repayment Mortgage)

Best Residential Mortgage Rates Here

Buy to Let mortgages, sometimes referred to as ‘landlord mortgages’ or “Investment mortgages “can be used to buy residential rental property, student accommodation or holiday homes.

As a general rule, buy-to-let mortgage rates will typically be at least 0.50% to 0.75% higher than residential mortgage rates. This is because lenders consider investment properties as riskier than owner-occupied homes, given that borrowers are more likely to default on investment property loans.

Sometimes, the large number of different mortgage options available can be overwhelming.
Help with Buy to Let and residential mortgages is available from Money Sherpa. Their team of experienced and fully qualified mortgage advisors know the mortgage market inside out.