Our Services

Switching Mortgages

Updated: Nov 9, 2018




Switchers


As a homeowner you may have taken your mortgage out a number of years ago. You have heard all the advertisements around moving your home loan to another provider, but feel that if would be too time consuming and just too much hassle.


In Fact it is a very straight forward process and very worthwhile. You will save thousands of euro over the duration of your mortgage, by moving to a better rate. There are rates as low as 2.6% available and your will also receive up to €3,000 towards your legal fees.


At Financial Financial we will meet you at a time that suits. You don’t have to limit your appointment to 9 – 5. We deal with a number of Irelands leading lenders which ensures that we get the mortgage that is the best fit for you.


We look forward to having a chat with you to calculate what you can save over the duration of your loan


How much can I borrow:


With Central bank rules you can borrow up to 90% (where no additional money is being borrowed for home improvements) of the value in your home. This is referred to as LTV (Loan to Value).


You can borrow up to 3.5 times your salary. This is referred to as LTI (Loan to Income)


In certain circumstances you may be able to borrow outside there rules and we can discuss this with you and advise.


Mortgage Features


  • Choice of fixes and variable rates. You can choose a combination of both if you wish.

  • Max LTV 90% ( Where no additional money is being borrowed for home improvements)

  • You will need to be over 18 years of age at the time of the application

  • A term of up to 35 years is available depending on your age at outset

  • You will require a mortgage protection policy. We will be able to provide you with a full comparison of the market as we have agencies with all the life companies in Ireland.

  • You will also need to have additional fees to cover your mortgage valuation fee ( between €130-160 ) Stamp duty ( 1% of the purchase price) Legal Fees and in some cases a structural survey

  • It is acceptable to receive a gift of part of the deposit, but the banks do like you to have shown the ability to save for your deposit yourself aswell. APPLY NOW!

OUR OFFICES

Waterford

Limerick 

Carlow

Address

3 Parnell Street, Waterford

Email
Info@themortgageteam.ie​

Phone

(059 917 3225

Address

51 Dublin Street, Carlow

 

Email
Info@themortgageteam.ie​

Phone

(059 917 3225

Address:
72 O'Connell St, Limerick

Email:
Info@themortgageteam.ie​

Phone:

(059 917 3225

John Fogarty trading as The Mortgage Team is regulated by the Central Bank of Ireland' 3 Parnell Street, Waterford

© 2020 by the Mortgage Team