Best Rates on Buy to Let Mortgages

Lowest Rates on Buy-to-Let Mortgages in Ireland

PTSB 4.65% fixed for 3 years on LTV under 70%

BOI has a variable rate of 4.8% Max LTV 75% and 4.6% on LTV under 50%

AIB have a variable rate of 5.2% on an LTV of 70% or less

Figures checked July 2023

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

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.