First Time Buyers Package
You want to move out and get your own place, but where, when and how are you going to do it? Starting this journey is a big step we are here to make this as simple and straightforward as possible with a mortgage package specifically designed for you.
- 1890 365 345
- Apply Online
- Calculator
- A dedicated first time buyers fund of €1 billion
- A great 1 year fixed rate of 2.6% APR*
- Competitive loan to value rates of up to 92%
- Get 20% off our great home insurance***
- Option to split your rate - avail of the comfort of a fixed rate and the management of a variable rate combined. You can assign your mortgage whichever way you want, for example you could have 50% variable and 50% fixed, or 20% variable and 80% fixed, the choice is yours.
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.
