Permanent TSB - Irish Mortgage Lender Profiles

Permanent TSB is the biggest mortgage lender in Ireland. Their mortgages are available through their branches, Irish Life and most mortgage brokers.

Apply for approval with Permanent TSB (& up to 8 other lenders)

Permanent TSB Loan to Value:  

• First Time Buyers & Owner Occupiers: 90% Mortgages
• First Time Buyers & Owner Occupiers: 90% if choosing payment holidays or low start mortgage
• Refinancing: 90% Mortgages
• Buy to Let: - WITHDRAWN
• Buy to Let Interest Only: - WITHDRAWN
  
• Self Build: 90% Overall.
  (They will release 80% of the site cost & the balance through stage payments).
• Self Build if you already own the site: 100%
  

100% Mortgages:

• March 2008: Permanent TSB have now withdrawn the 100% mortgage product.

Mortgage Term:

• Maximum Term is 40 years
• Age on completion must be 70 years or less

Flexible Mortgage Options

• Interest Only Mortgages:
  
  Owner Occupiers: Only open to people earning in excess €100,000 and the maximum LTV is 90%. Available for the full term of the mortgage, but is reviewed every two years.
  
  
• One Plan - cheque book mortgage
  If you are refinancing or borrowing less than 90% of the property value, Permanent TSB have a product called 'One Plan'.The One Plan offers a cheque book with the mortgage with pre determined credit limit.   The rates you are offered are based on their standard variable rate, so are higher than their tracker rates.
  
  
• 'Big Freeze Mortgage'
  Postpone your mortgage payments for up to six months.
  

Who will Permanent TSB appeal to?

• People Refinancing
• Couples

Who will Permanent TSB not appeal to?

• People with significant existing loan commitments will usually qualify for a bigger mortgage with some of the other lenders.
• Buy to let investors
  

If you want to apply for a mortgage with Permanent TSB, why should you apply through Mortgages Direct?

• Independent Mortgage Brokers
  Mortgages Direct are independent mortgage advisers, so they'll be able to review your details, and see if Permanent TSB will offer the best package or if a more suitable one is available for you with another lender. 
  
  
• No Broker Fees
  Because Mortgages Direct get their fees paid by the mortgage lenders, they do not charge you a fee.
  
  
• Low Cost Legal Fees.  
  Refinancing: €1299 including vat + outlay
  Buying a home: €947 + vat + outlay or alternatively you can use your own solicitor
  
  
• Price Match Guarantee.
  Mortgages Direct guarantee to match the cheapest mortgage protection quote offered by 8 of the leading insurance companies in Ireland (including Irish Life, Friends First, Caledonian Life, Eagle Star, etc) - so you should save money on your mortgage protection insurance too.
  
  
• Well Trained Staff
  The mortgage consultants are very experienced, know what the lenders like and dislike, so they'll find the right lender, at the right price and take a lot of the hard work out of your hands.  
  
  Arranging a mortgage can be a full time job, but it doesn't need to be your job....

Apply for approval with Permanent TSB (& up to 8 other lenders)

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Mortgages Direct Ltd t/a Mortgages Direct is regulated by the Financial Regulator.