Buy-to-Let Mortgage

Thinking of investing in a rental property?

Here at permanent tsb we like to cater to our customer’s needs so we have reviewed our Buy-to-Let mortgage offer to be more in line with what you want. So if you’re thinking of making an investment and becoming a landlord, now might be the time to consider a Buy-to-Let mortgage.

What does a permanent tsb Buy-to-Let mortgage offer?

• Better rates for borrowers with lower Loan to Value (LTV) ratios.
• A maximum LTV of 70% will apply.
• Our minimum available term is 5 years up to a maximum of 25 years.
• The minimum loan amount you can borrow is €40,000.
• Principal & Interest repayments only.

For Non Resident Buy-to-Let Customers, lending levels are subject to monthly rental income from the property being a minimum of 1.2 times the stressed principle and interest Mortgage repayment, however this may vary depending on individual circumstances.

Better rates for borrowers with lower Loan to Value (LTV) ratio.

The interest rate on an existing permanent tsb loan may vary from the rates quoted on this page. APRC stands for Annual Percentage Rate of Change. LTV stands for Loan to Value. The quoted APRC is a typical APRC based on the assumed loan of €100,000 over a 20 year term.

New Business Buy to Let Loans (BTL) - LTV Managed Rates - Cost per €1,000

APRC stands for Annual Percentage Rate of Charge.

Check out our full list of rate options

Who can avail of a Buy-to-Let mortgage?

Irish and British citizens who are resident in any Eurozone country (a European Union Member State which uses the Euro as its national currency) can apply for a Buy-to-Let mortgage. It is available to Non-Resident borrowers who are earning more than €75,000 and earn all of their income in Euro, either individually or jointly.

How do I apply?

Book an appointment to speak to a mortgage consultant or call us on +353 1 215 1344 (from outside Ireland) - we’ll guide you through the process and help you every step of the way!

What else do I need to know?

Naturally there are terms and conditions to every mortgage or loan and we can go through these with you upon application. In the meantime, here is some information on the documents we will require and some useful background reading to give you a better idea of our rates and regulations.

• Documents needed - The paperwork you'll need to help your application along the way!
• Interest rates - See details of our competitive mortgage interest rates.
• Important Regulatory Information for Mortgages - There are other costs associated with taking out a mortgage. To find out more, please see Important Regulatory Information for Mortgages.
• What are the timelines for the mortgage process? Please see our FAQ’s for more details on your mortgage timelines.
• We also recommend that you seek independent tax advice in relation to your potential investment property purchase.
• A bank solicitor is required, for all Buy-to-Let mortgages, for loan amounts greater than €75,000. The amount payable, for a standard Buy-to-Let mortgage, is €1,000 plus 23% VAT and outlay. This amount is payable by the Borrower(s) and must be paid directly to the banks solicitor prior to the release of the loan cheque. The amount payable by the Borrower(s) is in addition to the borrower(s) solicitor fees.