Equity Release
Your home could turn your dreams into reality. You might like to give your garden a makeover or cook up a storm in a swish new kitchen. Releasing equity in your home is a very easy and cost effective method of borrowing.
- 1890 365 345
- Apply Online
- Calculator
Top up your mortgage to unlock the true value of your home
- Borrow anything from €5,000 up to 90% of the value in your home
- Very competitive rates.
- Choose a term that suits you best, from 5-30 years
- Our in-house legal admin service takes care of the most residential applications
- 20% off your annual home insurance premium*
If your mortgage is an equity release mortgage and is being used for debt consolidation purposes:
Warning: This new loan may take longer to pay off than your previous loans. This means you may pay more than if you paid over a shorter term.
Consumer Credit Act Warnings
Warning: YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER LOAN SECURED ON IT. THE LENDER MAY ADJUST THE PAYMENT RATES ON A HOUSING LOAN FROM TIME TO TIME. YOU MAY HAVE TO PAY CHARGES IF YOU PAY OFF A FIXED RATE LOAN EARLY.
If you are considering an interest-only term:
Warning: The entire amount that you have borrowed will still be outstanding.
Lending criteria and terms and conditions apply. Security and insurance required. The maximum mortgage is normally 90-92% of the property value. As a general rule, mortgage amounts up to 4/5 times an individual's gross annual income are considered, and will vary according to individual circumstances. A typical variable rate mortgage of €100,000 over 20 years costs €531.59 per month (APR 2.60%). The cost of your monthly repayments may increase. A 1% interest rate rise will increase this repayment to €581.48 (APR 3.60%). This is an increase of €49.89 per month. Information correct as at 14th May 2009. Bank of Ireland Mortgage Bank is a member of Bank of Ireland Group. Bank of Ireland and Bank of Ireland Mortgage Bank, trading as Bank of Ireland Mortgages are regulated by the Financial Regulator.
Home insurance discount is available from 01/09/2009 and expires on the 31/03/2010. Home insurance and mortgage repayment cover are provided by Bank of Ireland Insurance Services Limited, a member of the Bank of Ireland Group. Cover is subject to underwriting requirements and terms and conditions apply. Bank of Ireland Insurance Services Limited is regulated by the Financial Regulator. Home insurance is issued by RSA Insurance Ireland Limited. RSA Insurance Ireland Limited is regulated by the Financial Regulator. Mortgage repayment cover is underwritten by Financial Insurance Company Limited trading as Genworth Financial. Financial Insurance Company Limited is regulated in the UK by Financial Services Authority and in Ireland by the Financial Regulator.
