Irish Mortgage Lender Profiles - Start Mortgages (updated June 2009)

Start Mortgages - Lender Profile
Start Mortgages entered the Irish market in 2004, and are the one remaining lender in the 'specialist' mortgage market. They offer bad credit mortgage products and mortgage self certification options (self cert mortgage) to self employed people who have problems proving their income.

Apply for approval with Start Mortgages (& up to 8 other lenders) or call 1890 44 66 44 to speak to a mortgage consultant.

Loan to Value:

Rates & Fees:

Their rates are not as attractive as the 'Main Street' lenders, because people who take mortgages through Start tend to have a higher risk profile, and most of the traditional lenders would not approve them for loans.
Start Mortgages charge an arrangement fee of 0.5% of the mortgage amount, up to a maximum of €1800. This fee is taken out of the mortgage advance upon completion - you do NOT need this money upfront.
They require a mortgage valuation (approx. €130 - €150) and solicitor fees.

Who will Start Mortgages appeal to?

Start Mortgages will appeal to people who are unable to get mortgage approval from traditional lenders, in particular, people with credit problems, people going through a divorce or seperation and self employed people with difficulty showing their income.

Who will Start Mortgages not appeal to?

Start Mortgages are specialist lenders, so if you do not fall into their niche categories, you will be better off with the traditional lenders.

If you want to apply for a mortgage with Start Mortgages, 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 Start Mortgages will offer the best package or if a more suitable one is available for you with another lender.
Low Cost Legal Fees.
Refinancing: €1299 including vat + outlay or alternatively you can use your own solicitor
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....