Moving to a new home but keeping your great mortgage rate

With Bank of Ireland, your current mortgage rate can be as portable as you need it to be. In fact, by letting us move your current mortgage deal to your new home, (usually known as 'porting') you could save yourself hassle, time and money. We take care of the paperwork and try to make sure
everything is done how and when you want it. Even better, all our rates can be transferred (subject to our lending criteria still being met) - no matter what kind of mortgage you have with us. Terms and conditions apply.

What must I do if I'm moving home?

What you need to do depends on whether your mortgage is still in a promotional period. You'll need to find out this information first. You can see if you're in your promotional period by looking at your last mortgage statement.

I'm still in my promotional period

If you're still in your promotional period, you can apply to transfer your current rate to a new mortgage. This is called porting your mortgage rate and is subject to our normal underwriting criteria. Porting allows you to carry over any discounts or special conditions that you currently have including any Early Repayment Charges (ERCs).

My promotional period is finished

If you're not in your promotional period, you can take your existing mortgage with you or switch to a
new rate.

Please note that your mortgage loan is secured on your current property. If you would like to port your mortgage rate you'll need to apply for a new mortgage loan for your new property prior to redeeming your current mortgage. This will be subject to the terms and conditions in effect at the time of the new application. Please see our guide to Moving House and Porting Your Mortgage Rate (pdf).

If you would like further information on moving home and porting your mortgage please call us on
0845 300 8000* or email us at mortgagesdirectacquisitions@boipluk.co.uk

Your questions answered

If you're unsure of anything, our most frequently asked questions might help you.