23 June 2021
We know your first home may not always be your forever home. As times change, you may want more space for your family, a back garden for the kids to play in, or a place you can fill up with new memories. Finding your forever home can take time, so we make the mortgage journey as straightforward as possible and our dedicated team is here to support you at every stage of your home buying journey.
We’re helping you move to your permanent place, with a range of competitive mortgage rates and a choice of mortgage offers, so you can choose the mortgage that best suits you. Buying a home is one of the biggest decisions you’ll make and when you finally find the right house for you, we’re here to help you make it a home. Wherever you are in your home buying journey, find out more about how we can support you along the way and help you make the move to your permanent place.
It’s never too early to start thinking about your home buying budget. You don’t want to find your dream home only to realise it’s not within your reach. Our handy Mortgage Calculator* tool can help you figure out how much you could borrow and what your monthly repayments would be and give you a good steer.
It’s also a good idea to chat to one of our Mortgage Consultants who can talk you through your options and give you an idea of how much you can borrow. This can be particularly helpful if you’re selling an existing home and want to understand what your borrowing options are. Book a Mortgage Appointment today and we’ll guide you through the process.
Even if you’ve been through it before, buying a home and applying for a mortgage can be a daunting experience. We’re here to support you at every stage of your home buying journey, from understanding the process second time around to helping you with the paperwork when you’re ready to apply. Just book a Mortgage Appointment and we can work with you to help you complete the application form and gather the Supporting Documents.
Once you’ve completed your application and it’s been submitted to our Credit Team for review, we’ll work hard in the background to give you Mortgage Credit Approval within 72 hours** so that you can make that dream home a reality so that you can make that dream home a reality.
At permanent tsb, we've introduced a new 4 year fixed rate from 2.25%***, meaning you’ll have lower monthly repayments and see real savings on your mortgage. With this fixed rate offer, we’ll also give you 2% cashback on your monthly mortgage repayments every month until 2027 when you pay from an Explore Account
Whatever your needs, we have a range of competitive mortgage rates and a choice of mortgage offers, so you can choose the mortgage that best suits your lifestyle.
If you would prefer our mortgage cashback offer**** we have options that will offer you 2% cashback on your mortgage at drawdown. And you’ll also get 2% cashback on your monthly repayments until 2027, when you pay from an Explore Account. So whether you need some help furnishing that new kitchen or are treating yourself to the walk-in wardrobe you’ve always wanted, you’ll have your mortgage cashback in your back pocket to help get you started.
Once you’re Sale Agreed, we can work with you to get your new home valued by a Property Valuer. While it’s not a banking requirement, it’s also a good idea to have a professional carry out a structural survey of the property before committing to the purchase as this will give you a more in-depth understanding of the structural state of the house.
You’ll also need to find yourself a solicitor at this stage and when everything is in order we’ll issue your solicitor with all the loan information you need to complete the purchase. You will also need to arrange Life Insurance and Home Insurance, again we can help you with this or you can obtain a policy from another provider if you prefer. Once all the contracts are signed, your solicitor will agree a completion date with the house seller and arrange the transfer of funds and collection of the keys to your new home.
Finding your dream house is only the first step in making it your home. We understand that times change and you may want flexibility when paying back your mortgage. That’s why we offer a choice of flexible repayment options that could make your mortgage easier to manage. For example choosing the date you pay your mortgage every month can be handy when planning around pay day or considering a payment holiday when the need arises. See our Flexible Mortgage Repayment Options page***** for more information.
When you’re ready to make your next home your permanent place, we’re with you every step of the way.
*Calculator results do not constitute an offer of a mortgage loan, nor is it legally binding and is for illustrative purposes only.
**72 hours starts once your application is completed and submitted for credit assessment during business hours. Excludes weekends. If any documentation is missing or additional information is required to reach a credit decision, we will notify you which may impact the decision time.
*** Rate of 2.25% is available on a Loan To Value (LTV) of ≤80%. Offer available to new business home loan mortgage customers only who receive full letter of approval within the qualifying period. 2% cashback at drawdown is not available with this 2.25% rate offer.
****To qualify for 2% mortgage cashback offer, new applicants must receive full letter of approval within the qualifying period. Excludes 4 Year Fixed Home Loan New Business Rates, tracker, buy-to-let, negative equity and applicants refinancing an existing permanent tsb mortgage. 2% cashback at drawdown is paid into the customer’s mortgage paying account within 40 working days of mortgage drawdown. The qualifying period (11 January 2016 until 30 June 2022) may be extended as permanent tsb decides. 2% cashback monthly will be paid until 31/12/2027. Your monthly mortgage repayment must be made from a permanent tsb Explore Account and meet qualifying criteria. The Explore Account carries a €6 monthly fee for maintaining the account.
***** Certain flexible mortgage repayment options can only be used one at a time and may result in additional interest costs over the term of the loan. Full details available on permanenttsb.ie, in branch or over the phone.
permanent tsb are a tied assurance agent of Irish Life Assurance plc. Irish Life Assurance plc is regulated by the Central Bank of Ireland.
permanent tsb p.l.c. is a Single Agency Intermediary of Allianz p.l.c. for Home and Contents Insurance.
permanent tsb Home and Contents Insurance is underwritten by Allianz p.l.c. Allianz p.l.c. is regulated by the Central Bank of Ireland.
Product eligibility criteria applies. Lending criteria, terms and conditions apply. Security and Insurance required. permanent tsb p.l.c is regulated by the Central Bank of Ireland.
The content of this blog does not constitute advice and is for general information purposes only. Readers should always seek professional advice before relying on anything stated in the blog. Some of the links above bring you to external websites. Your use of an external website is subject to the terms of that site.