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.
Bank of Ireland offer a range of mortgages to suit all types of borrower.
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.
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:
Get 2% of your mortgage back as cash upfront plus an extra 1% cashback after 5 years.
Bank of Ireland has several unique incentives for borrowers; we’ve highlighted the best ones:
This cashback mortgage scheme is one of the most generous on the market and it’s available with a range of competitive variable and fixed mortgage rates.
If you draw down your mortgage with the Bank of Ireland, they will give 2% of your new mortgage back as cash upfront. The scheme is available for:
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 2022. The cashback offer is not available with the High Value Mortgage fixed interest rate.
The Bank of Ireland offers a competitive green mortgage range to support the move towards a lower carbon future.
This Green Mortgage gives you a discount of 0.30% off any standard fixed-rate mortgage loan between 1 and 10 years.
Borrowers are eligible if they’re buying a property that has a Building Energy Rating (BER) of B3 or better or are building or upgrading a home so that it has a rating between B3 & A1. You’ll need to draw down your new mortgage before 30 December 2022.
The green mortgage discount of 0.30% can also be applied to high-value mortgage loans (HVM), which means you could benefit from a 4 year fixed term rate of 1.90% or a 7 year rate of 2.25%.
If you’re a first-time buyer you may qualify for €2,000 MortgageSaver Bonus Interest on your savings. To qualify you must:
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 drawdown the mortgage.
Bank of Ireland offers a range of flexible mortgage terms. For instance, you can:
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, they offer mortgages, loans, savings and insurance services amongst 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.
Find the best first time buyer and home mover mortgage deals in Ireland using our comparison.
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.
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 2022 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.
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.
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.