Residential Investment

Despite the current climate, investing in property has generally proven to be an excellent investment vehicle in the past.  Many people traditionally invested in property because it's a tangible asset which they can feel and see.

Why property investment?

  • Income generating - a well managed property with rent paying tenants can be an excellent source of alternative income.
  • Accommodation - many people purchase property to house their children during university education, saving on paying rent.
  • Holiday home - use on the weekends or seasonally.

 
Whatever the reason, it's likely you will require a mortgage to finance your investment property purchase. Like all lending, the critieria for providing loans has become stricter, but lenders will provide finance if the circumstances are right.
 
You may not be thinking of investing in property right now, but many people are waiting for value to appear in certain markets.  If you are thinking of investing either now or in the future, we would be delighted to assist you to obtain your finance.
 

Did you know?

  • Tax relief on rental income is available if you have a mortgage and are paying interest - this is why it is sometimes more tax efficient to have an interest only mortgage.
  • A local tax charge of €200 per annum is now payable on all non residential domestic properties.
  • Capital Gains Tax will be payable when you dispose of the property at a profit - the current rate is 25%.

Get a Mortgage Quote

I am an:  
 
 
Term (years)  
 
 
Get Quote

 

Frequently Asked Questions

  • How much can I borrow for my mortgage?

    Lenders use different ways to work out how much of a mortgage they will give you. The most important factor is your ability to repay the loan. Generally lenders take the following factors into consideration:

    • Your income, the type and security of your job.
    • Are you borrowing on your own or with someone else?
    • Have you savings and / or any outstanding loans?
    • Do you have a good credit history?
    • Will anyone will act as a guarantor for you?
    • What is the value of the property you want to buy?

    As a general rule, most lenders will try to make sure that your mortgage repayments plus any other loan repayments you have don't go above 40% of your monthly take-home pay.  They may offer you a smaller mortgage or offer you a mortgage over a longer term.