Irish Property Investor (Buy to Let) Mortgages:

Repayment Mortgage (annuity mortgage):

• Interest and capital repayments each month
  
  
• At the end of the term, your mortgage will be paid off, and you will own the investment property in full.
  
  
• Apply for a quote 

Interest only mortgage facility:

• Designed primarily with the property investor in mind.
  
  
• The mortgage interest is serviced but no repayments are made towards the capital borrowed.
  
  
• Can be converted to a standard repayment mortgage at a later stage with no penalties or legal fees (some minor admin fees may be involved)
  
  
• This product is aimed at the investor who wants to buy property for capital appreciation purposes, while keeping the mortgage repayments low.
  
  
• It suits a property purchase, where the initial rent is too low to fully service a standard repayment mortgage, because the mortgage repayments will be kept low as only interest is paid.
  
  
• You can choose to pay only interest for the first few years, with the view that rental reviews will  increase your income from the property in later years, and then subsequently convert the mortgage to a standard repayment mortgage at a later stage.
  
  
• Alternatively, if capital appreciation is your investment aim, you can keep the mortgage on an interest only basis almost indefinitely, with some lenders. Then when it comes to selling the property, you profit from any  increase in the property value, and repay the mortgage amount you borrowed.
  
  
• Apply for a quote
  

Pension Mortgage

• Very tax efficient way of buying investment property, but it is not suitable for everyone.
  
  
• The pension mortgage is made up of two parts - a mortgage and a pension.
  
  
• The mortgage is set up on an interest only basis, thus keeping your mortgage interest relief at a high
  
  
• Level for the term of the whole mortgage, and a pension is set up, to pay off the mortgage amount, out of your tax free lump sum, when you retire.
  
  
• Who does this product suit? This mortgage type is only suitable for self-employed people, owner - directors or those who are not already in a company pension scheme. 
  
  
• Apply for a quote