MVR Switch Offer - How to Apply

1. Obtain a valuation of your property

Contact one of the valuers appointed by permanent tsb to carry out a valuation of your property. The full list of appointed property valuers is available to view here. Use the voucher provided to you to instruct and pay for the valuation of your property.

• Your chosen valuer must be certified by permanent tsb to carry out a valuation in your area. Your valuer will be able to confirm this for you.
• If your loan is secured on another property (referred to as “cross charged property”) in addition to your home, you will need to obtain valuations from a permanent tsb panel valuer in respect of such cross charged property but at your own expense.
• Only one valuation can be provided using the valuation voucher.

2. Complete the MVR Switch Offer Application Form

Complete the application form provided in your Switch Pack and return the form, along with the completed original signed property valuation, in the addressed envelope included with your Switch Pack to 

Mortgage Rate Switch Team 
permanent tsb 
56-59 St. Stephen’s Green 
Dublin 2

or drop in to your nearest permanent tsb branch.

Please note: your returned pack must include your completed signed property valuation. 

3. MVR Switch Offer Application Process

Your application will be processed no later than 10 working days from receipt (excludes OnePlan Accounts: can take up to 30 days), subject to completion of the application form and valuation being submitted together.

We will correspond directly with customers who have switched to an MVR and will advise of the new rate. We will subsequently correspond directly with customers confirming their revised monthly repayment following their switch to an MVR.

OnePlan Accounts

If you have a OnePlan account you must give the authority to permanent tsb to transfer any remaining funds in your OnePlan Holding Account towards your mortgage balance. Please sign the “OnePlan Mortgages” section in the application form if you authorise the transfer of the remaining amount towards your mortgage balance. Your OnePlan Holding Account will then be closed.

You must also return your cheque book to permanent tsb and confirm there are no cheques currently outstanding or issued in the 7 days prior to you completing the application. OnePlan Accounts will be switched to an MVR mortgage within 30 days from receipt of application, subject to completion of the application form in full and the completed application form and valuation being submitted together. Please see Frequently Asked Questions for further information.

Self-Build Mortgages and Undrawn Mortgage Amounts

If you have a Self-Build Mortgage or have an undrawn amount on your mortgage, you can apply to switch to an MVR if certain conditions are met, please see Frequently Asked Questions for further information.

Warning: You may have to pay charges if you pay off a fixed-rate loan early.

Warning: The cost of your monthly repayments may increase.