Investments and Holiday Homes

Are you looking to buy your very first property to let or looking to buy your seaside holiday home?

Making the Right Decision with the Right Information

Our advisors are here to help you make a sound decision about which Mortgage to choose for your rental or holiday home property.

How Much Can I Borrow?

The minimum loan amount you can borrow is €40,000

How much deposit do I need?

The minimum loan amount you can borrow is €40,000

The standard loan-to-value (LTV) for BTL is 70%. This is the max that mortgage lenders are allowed to let you borrow on a rental property. This is a Central Bank of Ireland restriction. The banks are not allowed to extend mortgage loans of more than 70% LTV.

Generally speaking, the more deposit you’re able to put down, the more favourable the interest rates you’re likely to be offered.

What is the Maximum Term Available?

Minimum available term is 5 years up to a maximum of 25 years. Most lenders like to see a rental return of 125% or more, and they will stress-test this using your projected rental income and qualifying mortgage rate.