Bank of Ireland

Mortgages from Bank of Ireland

The Bank of Ireland offers a range of mortgages for all house buyers. Cashback mortgages, green mortgages and flexible payment options all make BOI a popular choice for first-time buyers, switchers and movers alike.


Up to 3% cashback

Flexible repayment

Flexible repayment options

Green mortgage discount

EcoSaver Mortgage discount

What mortgages do Bank of Ireland offer?

Bank of Ireland offer a range of mortgages to suit all types of borrower.

  • First Time Buyer: BOI offers expert guidance for people buying their first home plus some great incentives to get you started including a Mortgage Saver Bonus and Cashback Plus.
  • Movers: BOI aims to reduce the stress of moving home, so offer a range of mortgages including the option to retain your tracker mortgage and mortgages for those in negative equity.
  • Switcher: Alongside competitive fixed rates, BOI offers attractive incentives to switch your mortgage to them, including cashback on drawdown and flexible repayment terms.
  • Buy to Let: BOI is one of the only mortgage lenders to offer their cashback scheme to investors plus a range of flexible mortgage options, like payment holidays.
  • Self-Build: BOI offers guidance around regulation and financing your build, plus design and planning tips to support you throughout your self-build project.
  • EcoSaver Mortgages: If your house has a Building Energy Rating (BER) you can benefit from discounts up to 0.35% on 1, 2, 3, 5 and 10 year fixed-rate mortgages.

No matter what type of borrower you are, it’s best to compare Bank of Ireland mortgages rates with what’s on offer from other lenders too.

Compare mortgages

Why get a mortgage with the Bank of Ireland?

The Bank of Ireland has competitive rates, generous incentives and support for every step of your homeowner journey. Here are just some of the reasons to choose the Bank of Ireland for your mortgage:

  • EcoSaver Mortgages: Discounts on fixed rate mortgages for energy-efficient homes. The higher the BER, the better the discount.
  • Cashback Plus: 2% mortgage cashback on fixed rate products plus an extra 1% for first-time buyers after 5 years
  • Flexible mortgage options: Flex your mortgage to suit your circumstances
  • MortgageSaver Bonus: Generous €2,000 cash bonus on savings for first-time buyers
  • Expert advice & innovative support: Talk to lending specialists online or face to face, listen to podcasts and access a great selection of helpful guides

Bank of Ireland Cashback Plus up to 3%

Get 2% of your mortgage back as cash upfront plus an extra 1% cashback after 5 years.

Bank of Ireland mortgage offers in focus

Bank of Ireland has several unique incentives for borrowers; we’ve highlighted the best ones:

EcoSaver Mortgages

The Bank of Ireland offers an innovative fixed mortgage called the EcoSaver Mortgage to support the move towards a lower carbon future.

This mortgage offers discounts between 0.05% and 0.35% on standard fixed-rate mortgage loans between 1 and 10 years. The discount can also be applied to high-value mortgage loans (HVM).

Borrowers are eligible if their property has a Building Energy Rating (BER), and discounts are applied on a sliding scale, so the higher your BER, the larger the discount to the EcoSaver rate.

The EcoSaver Mortgage will be available to new customers and also to existing customers who move to the new product from another Bank of Ireland mortgage product.

EcoSaver Mortgage discount rates

Building Energy Rating (BER) Discount rate
BER A 0.35%
BER B 0.30%
BER C 0.25%
BER D 0.20%
BER E 0.15%
BER F 0.10%
BER G 0.05%
BER Exempt 0.00%

Find best fixed rate mortgages

Cashback Plus mortgages

This cashback mortgage scheme is available with a range of competitive fixed rate mortgages.

If you draw down your mortgage with Bank of Ireland, they will give 2% of your new mortgage back as cash upfront. The scheme is available for:

  • First-time buyers
  • Home movers
  • Switchers
  • Self-builders

Plus, as a special thank you for staying, the Bank of Ireland will give you an additional 1% of your mortgage back in cash in five years’ time.

The extra 1% Cashback Plus is subject to meeting the conditions of the mortgage and is available to borrowers who drawdown their new mortgage before 31 December 2024. The cashback offer is not available with the High Value Mortgage fixed interest rate.

MortgageSaver Bonus

If you’re a first-time buyer, you may qualify for €2,000 MortgageSaver Bonus Interest on your savings. To qualify, you must:

  • Be a first-time buyer and have a personal current account in the Republic of Ireland.
  • Save a minimum of €200 per month for at least 6 consecutive months in a MortgageSaver Account.
  • Use the money saved in your MortgageSaver account to purchase your first home.
  • Drawdown a BOI First Time Buyer mortgage within 30 months of opening your MortgageSaver account.

The bonus interest will be a fixed payment of €2,000. It will be made available once you have €5,000 or more saved in your MortgageSaver account and you draw down the mortgage.

Mortgage Flexi-Options

Bank of Ireland offers a range of flexible mortgage terms. For instance, you can:

  • Take a 3 month payment break
  • Skip up to two payments in a year
  • Overpay your mortgage
  • Change your payment date
  • Split your mortgage rate

Find more mortgage offers

More from Bank of Ireland

Bank of Ireland (BOI) is one of Ireland’s Big Four banks, offering a broad range of financial services for personal and commercial customers. With 250 branches nationwide, it offers mortgages, loans, savings, and insurance services, among other banking products.

Bank of Ireland Group plc is a public limited company incorporated in Ireland. Bank of Ireland Group plc is the holding company of Bank of Ireland and is regulated by the Central Bank of Ireland.

Compare mortgage rates & deals

Find a range of first time buyer and home mover mortgage deals in Ireland using our comparison.

Bank of Ireland Mortgages FAQs

Can I get cashback on a Buy to Let mortgage from Bank of Ireland?

Yes, you can benefit from the 2% cashback offer if you are a buy to let investor. However, you will not qualify for the additional 1% cashback offered with Cashback Plus.

What documents do I need to apply for a Bank of Ireland mortgage?

All applicants:

  • Last 6 months personal current account statements
  • Last 12 months savings account statements showing build-up of funds
  • Statements showing your last 12 repayments for any existing mortgage held with another financial institution
  • Statements for recent loans (open and closed)
  • Proof of your identity such as a passport or a driving licence

PAYE employees:

  • Your Pay-slips for the last 2 months
  • Salary Certificate (a standard form provided by the Bank for completion by your employer)

Self Employed:

  • Your last two years’ certified/audited accounts
  • Last 6 months business bank account statements
  • Other documents may be required if your business is not established for a full 2 years or if you are a sole trader or self-assessed

What is a High Value Mortgage (HMV)?

The Bank of Ireland High Value Mortgage fixed interest rate is available to borrowers needing a mortgage for €250,000 or more.

It’s available if you draw down a new mortgage before 31 December 2024 and you’re buying or building a property to live in as your home or are switching your mortgage loan to the Bank of Ireland from another mortgage lender.

What is a Split Mortgage rate?

Also known as a ‘twin rate mortgage’ you can put a portion of your mortgage on a fixed rate and the remainder on a variable rate.

It’s useful if you want to benefit from the stability of a fixed rate and the flexibility of variable rate. You can decide the split ratio.

What's the longest fixed term rate the Bank of Ireland offers?

The Bank of Ireland offers a range of fixed rate options ranging from 12 months to 10 years.

This means you can fix the interest rate on your mortgage for up to 10 years which is ideal if you want certainty over your monthly payments in future.

Warning: If you do not keep up your repayments you may lose your home. Warning: The cost of your monthly repayments may increase. Warning: You may have to pay charges if you pay off a fixed rate loan early. Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future. Warning: The entire amount that you have borrowed will still be outstanding at the end of the interest-only period. The payment rates on this housing loan may be adjusted by the lender from time to time. (applies to variable rate loans only) Information provided and Interest rates quoted valid at 18/04/2024