Buy To Let Mortgages

A buy to let mortgage is where a property is bought for the purpose of renting it out to tenants. This property cannot be your principle, private residence.

As independent mortgage brokers, we can help advise you on your buy to let mortgage or investment mortgage to determine the best options available for you. We can help you compare all your mortgage options and help you get the best mortgage rates. 

In addition to buy to let mortgages, we offer advice and assistance with investment mortgages, mortgage comparisons, remortgages, equity release mortgages, the best mortgage rates, and mortgage protection. If you have an interest in any of other mortgage options, please CLICK HERE.

 Individual Investors

  • This is available to individual investors who wish to purchase or refinance Residential Investment Properties valued from €80,000 upwards
  • The minimum loan is €40,000 and the maximum loan is €1.25m
  • The minimum age of the applicant is 21 and the maximum age on maturity is 75
  • The minimum annual income is €40,000 per single/joint application
  • There is a maximum number of 4 applicants on any one property
  • 5 to 15-year terms interest only repayments
  • 20-year term capital and interest repayments
  • 35-year term flexi mortgage giving 1 to 10 years interest only repayment with capital and interest repayment on the remaining term
  • Up to 70% loan to value is available on loans of up to €1m. This means that you will have to have funds worth at least 30% of the total value of the property purchase
  • Up to 65% loan to value is only available on loans from €1m to €1.25m
  • The finance providers tend to lend to investors who are looking at RIPs in Dublin and surrounding counties, Kildare, Wicklow, Meath, Louth, Galway, Cork, Limerick and in other urban centres with population greater than 10,000 people.
  • There is an ICB (Irish Credit Bureau) check required on all applicants.

Company Investors

  • This option is available to company directors who wish to purchase or refinance Residential Investment Properties (RIPs) valued from €80,000 upwards.
  • The Minimum loan €40,000, maximum loan €1.25m
  • 5 to 15-year terms interest only repayments
  • 20-year term capital and interest repayments
  • 35-year term flexi mortgage giving 1 to 10 years interest only repayment with capital and interest repayment on the remaining term
  • Up to 65% loan to value is available on loans up to €1m
  • Up to 60% loan to value is only available on loans from €1m to €1.25m
  • The finance providers tend to lend to investors who are looking at RIPs in Dublin and surrounding counties, Kildare, Wicklow, Meath, Louth, Galway, Cork, Limerick and in other urban centres with population greater than 10,000 people.
  • ICB (Irish Credit Bureau) check required on all shareholders.

 Pension Investors

  • This is where an individual can purchase, or refinance Residential Investment Properties valued from €80,000 upwards on the strength of his pension fund.
  • Minimum loan €40,000, maximum loan €500,000
  • 5 to 15-year term interest only repayment option and 5 to 15 year term capital and interest repayment option.
  • There is only a maximum of 50% loan to value. This means that the individual must have at least 50% of the purchase price of the property in his pension pot.
  • The finance providers tend to lend to investors who are looking at RIPs in Dublin and surrounding counties, Kildare, Wicklow, Meath, Louth, Galway, Cork, Limerick and in other urban centres with population greater than 10,000 people
  • This is Non-recourse lending as there is no ICB (Irish Credit Bureau) check required on the individual as the loan is to the pension trustees.

 

Please watch our video on Buy to Let Mortgages to learn more and fill in the quick contact form below if you have any questions you would like answered!

Quick Contact


Ask A Question About Buy-to-Let Mortgages

Hi there, Lorna here.
Need any help? Having worked in this area for over 20 years, I have a lot of experience in the buy-to-let and residential property market. If you would like a quick chat or have any questions, just fill in the box below and I will get back to you with as soon as I can with answers.
Regards, Lorna.

Lorna Egan, Executive Director