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Irish Mortgage Lender Profiles - Haven Mortgages
Haven Mortgages was set up by the EBS Building Society to offer mortgages exclusively through mortgage brokers.
Loan to Value:
- First Time Buyers: 92% Mortgages
- Owner Occupiers: 92% Mortgages
- Refinancing: 85% Mortgages
- Self Build: 90% Mortgages
- Buy to Let: 100% Mortgage (if they have another of your properties as security)
- Buy to Let: 85% (first investment property)
- Buy to Let: 85% Mortgage (subsequent investment properties)
Mortgage Term:
- First Time Buyers & Owner Occupiers: 35 years maximum
- Buy to Let: 30 years maximum
Flexible Options:
- Interest Only Mortgages:
3 years (if you are borrowing 92% or less)
Buy to let properties (if you are borrowing 75% or less)
- Over Payments
You can make pre-arranged over payments while on a fixed rate
- Split Mortgages:
You can choose to fix part of your mortgage and to have the remainder on a tracker rate. The benefit of this is that you can have some of the security of a fixed rate, with some of the flexibility of a tracker rate (such as making Lump sum repayments)
Who will Haven Mortgages appeal to?
- First Time Buyers (couples in particular) with no existing loan commitments, will usually qualify for a lot more with the Haven than they may qualify for elsewhere.
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