Skip Navigation

First Time Buyer

It can be difficult taking that first step on to the property ladder and we understand that choosing the right mortgage is an important decision. To make life easier for first time buyers, our specialist advisers can help you work out how much you can borrow and recommend the right mortgage for you.

Buying your first home can be a complicated process and we’re committed to helping you every step of the way to help you secure your new home.

Why choose Bank of Ireland?                            

  • A selection of rates to suit your circumstances
  • Fixed rate products for peace of mind
  • Excellent service from a brand you can trust

A choice of mortgage payment options:

A fixed rate mortgage is ideal if you want budgeting certainty as it guarantees protection from any possible rise or fall in interest rates by fixing your monthly repayments over a set period of time. You can choose how long your fixed rate lasts from a range of options, to give you tighter control of your own budget.  So, if you want to be sure of your exact monthly payments, fixing your mortgage might be the right choice for you. At the end of the fixed rate period, the rate will revert to our Standard Variable Rate, as specified in the product terms and conditions.

Standard Variable Rate

This is a variable rate of interest set by a lender, which many mortgage products change to when their Promotional Period ends. Changes to a Standard Variable Rate are made at a lender’s discretion and are not directly linked to an external rate.

For further assistance please call our Mortgages Direct team on 0800 0113 366*. One of our specialist advisers will talk to you about your needs and help guide you through the application process.