Buy-to-Let Residential Mortgages
We are delighted to announce that at Mortgage123, we have an excellent range of Buy-to-Let mortgages which are available for residential property investors. These mortgages are suitable for both established property investors with existing properties wishing to refinance and expand their portfolios, in addition to those buying their first Buy-to-Let property.
We have all witnessed a significant increase in the number of people renting in Ireland and demand for rental properties is set to continue well into the future due to the severe housing shortage. We have the lowest number of properties to rent since records began and rents are higher than they have ever been. Rents have increased 12% year to date.
Here at Mortgage123, we are one of Irelands leading Mortgage brokers and we now specialise in residential Buy-to-Let Mortgages.
Properties must be located in the Republic of Ireland and cannot be used as a principle private residence.
Our qualified mortgage professionals at Mortgage123 are available to advise you on the various product options based on your individual needs. If you would like to discuss how we can help you grow your property investments, please contact us on 061513076
• Individuals – Up to 4 individuals on a mortgage
• Companies – Both existing and new Special Purpose vehicles
• Pension (Unit Trusts) – if you wish to acquire a Buy-to-Let property in a tax efficient manner through your pension.
Some of the key product features include:
• 15-year Interest only option for individuals and Pension Unit Trusts
• 10- year Interest only for companies
• Capital and Interest variable rates from 4.29%
• Up to 70% Loan to Value
• Minimum loan size 40,000 – Maximum loan size €1.25m
• Minimum property value €80,000 with no maximum property value
Please note: specific features relate to specific ICS Mortgages products.
Lending Criteria, Terms and Conditions apply and are subject to change.