When it comes to securing a mortgage in Ireland, AIB (Allied Irish Banks) is one of the leading options for prospective homeowners. Known for its competitive rates and comprehensive support services, AIB offers a range of mortgage products tailored to…
When planning a self-build on your parents’ land in Ireland, one of the most common questions is whether the site needs to be in your name before starting the mortgage process. Let’s break down what you need to know. Do…
Big changes are coming to Ireland’s mortgage landscape in 2025, opening up more options for homebuyers across the country. Here’s what you need to know about getting a mortgage through credit unions: Major Expansion in Credit Union Mortgage Services In…
The question on every homeowner’s and potential buyer’s mind is whether mortgage rates will decrease in Ireland. Let’s look at what experts are predicting for the coming year. Current Market Situation As of early 2025, the Irish mortgage market has…
When you take out a mortgage, understanding how the interest is calculated is crucial. Let’s break it down into simple terms. The Basic Formula Mortgage interest is typically calculated on a monthly basis using this formula: A Real-World Example Let’s…
The European Central Bank plays a crucial role in determining how much Irish homeowners pay for their mortgages. Let’s break down exactly how this works and what to expect in 2025. What is the ECB’s Role? The ECB sets the…
What is a Buy-to-Let Mortgage? A Buy-to-Let (BTL) mortgage is a specific type of loan designed for people who want to purchase property as an investment to rent out to tenants. It’s different from a regular residential mortgage because you’re…
When choosing a mortgage, one of the first decisions you’ll need to make is between an interest-only mortgage and a repayment mortgage. Let’s break down both options to help you understand which might be right for you. What is a…
A tracker mortgage is a type of home loan that follows, or “tracks,” the movement of a specific interest rate, usually the European Central Bank (ECB) rate or another benchmark rate. This means that when the benchmark rate changes, the…
Variable-rate mortgages are a popular choice for homebuyers due to their flexible nature and the potential for lower initial costs. Here’s a breakdown of what you need to know: What is a Variable-Rate Mortgage? A variable-rate mortgage (VRM) is a…