aib mortgage cash back

A cash back mortgage is one where a cash lump sum is paid to the mortgage applicant on completion of the mortgage. Home insurance is required. find the relevant phone number and location, or contact us on one of Online Personal Loans. Take the first step and talk to us today. Some exclusions apply: Further Advances and loans less than £65,000. AIB (NI) reserves the right to withdraw or amend products at any time. * Applies to new lending only - cashback is payable within one month of draw down, subject to the loan not being redeemed during that time. You can contact us in a number of ways. AIB (NI)’s Bank Base Rate can go up or down. Registered Number NI018800. our social media channels. Bank of Ireland was the first to offer cash back to mortgage holders, in a move that proved so popular it was replicated by Permanent TSB, and now EBS. The full range of offers introduced today. Low Cost flexible finance for Business customers. Talk to us. Up to £1,500 cashback* for First Time Buyers. The 3 year option looks especially attractive, effectively bringing down the rate of a €300,000 mortgage to around 2% for the first three years, when the incentive is taken into account. Whether you are buying your first home, moving home or just have a mortgage question, our expert team of mortgage advisers are here to help. Up to £1,500 Cashback for mortgages over £65,000*No application feeNo booking fee. Cashback offer on mortgages of £75,000 and over. Your mortgage will be secured against the mortgaged property. Cashback PLUS is available with a range of competitive fixed and variable rates. Registered Office Call us on 0345 600 5925 or drop in to any AIB branch and speak with a mortgage adviser today. This calculator is for illustrative purposes only and is not a mortgage offer. WARNING: The cost of your monthly repayments may increase. Main content of page below Find out how much you could borrow incorporated in Northern Ireland. The offer means that a … 92 Ann Street, Belfast BT1 3HH. An independent valuation will be required. are subject to an appraisal of the applicant's financial standing. By proceeding further you incorporated in Northern Ireland. Primary residence only. From a longer term perspective cash back offers can prove expensive, if the rates that apply from the lender offering the cash back are not competitive in the medium term. AIB Mortgages. My Mortgage is Ireland's first online mortgage tool that helps you manage your mortgage application documents and communications. Applicants must be 18yrs or over. Registered Number NI018800. Lending criteria, terms and conditions apply. If the mortgage is repaid or reduced within the fixed rate period, an early repayment charge will apply. Free valuation for switchers and first time buyers. WARNING: You may have to pay charges if you pay off a fixed-rate loan early. The Bank's standard variable rate, currently. Cashback applies as follows: 5 Year Green mortgage - £1,500; 5 Year Fixed Rate mortgage - £1,500; 2 Year Fixed Rate mortgage - £1,000; Discount Freedom and 2 Year Green Discount Standard Variable Rate - £500. Buying your first home is a huge decision, but that doesn’t mean it To calculate what a mortgage payment is likely to be, click here. AIB, Ireland’s largest mortgage provider, has claimed mortgage cashback awards mislead borrowers, even though its EBS unit uses the incentive to compete with Bank of Ireland, … They’ll explain exactly what’s involved, and answer any of your questions. AIB isn’t offering cashback to first-time buyers. WARNING: The cost of your monthly repayments may increase. £250 cashback available on mortgages between £30,000 and £75,000. Authorised Loans are granted subject to an appraisal of the applicant's financial standing. The payments are calculated on a monthly basis and based on a capital and interest repayment mortgage. Depending on your circumstances other legal fees may apply which you will have to pay for, for example first registration of land or change of names on the mortgage (please note this is not exhaustive). Find out more. find the relevant phone number and location, or contact us on one of The following lenders give cash back on new mortgages Bank of Ireland 2% EBS 2% ptsb 2% KBC €3,000 AIB €2,000 Ulster Bank €1,500 When you are applying for a new mortgage or when you are applying to switch, I recommend that you get approval from three or four lenders at the same time. We are here to help. Lending criteria, terms and conditions apply. For more information, see General Information about AIB (NI) Mortgages. Stage drawdowns must take place within 18 months of the first drawdown. Get €2,000 when you switch to AIB To help cover your costs we’ll pay €2,000 into the current account you use to pay your new mortgage within two months of your mortgage drawdown, even if that current account is with another bank. to apply, call us on 028 9082 1655 or request Bank of Ireland has a strategy to win mortgage business by offering up to 3pc of the value of mortgages in cash-back to new customers. lower rate of interest. Whatever your mortgage question, you can bank on us. Alternatively, fill in our Mortgage Callback Request form and one of our mortgage advisers will call you to explain your options. This means that the borrower would have to pay a total amount of £277,458. SBCI Lending Schemes. Registered Office our social media channels. incorporated in Northern Ireland. AIB isn't offering cashback to first-time buyers. Thinking about your next move? * Applies to new lending only - cashback is payable within one month of draw down, subject to the loan not being redeemed during that time. Pic: AIB. You can contact us in a number of ways. Fill in the enquiry form, Choose whatever suits you. It is, however, offering €2,000 back in cash if you switch your mortgage to the bank. AIB isn’t offering cashback to first-time buyers. A fixed rate mortgage has a rate of interest which doesn’t change for a set period of time, so … Loan Type: Fixed rate for 5 years, reverting to standard variable rate for the remaining term, Initial monthly repayments: £719.44, followed by a repayment of £847.85 for the remaining term, APRC (annual percentage rate of charge): 3.4%. 92 Ann Street, Belfast BT1 3HH. by the Prudential Regulation Authority and regulated by the Financial Cash Back Mortgage with a lenders standard variable rate SVR The cash will be transferred directly into your current account within two months of drawing down your mortgage. You’ll also get £500 cashback* when you complete your mortgage with us. Let us find our best mortgage for you. Mortgage amount must be between £25,000 and £3,000,000, Interest rate must be between 1.00% and 20.00%. View our frequently asked mortgage questions. AIB (NI) reserves the right to withdraw or amend products at any time. Applicants must be 18yrs or over. Our mortgage repayment calculator is a helpful tool which will tell you what a mortgage payment is likely to be based on your selected mortgage amount, term and interest rate. By proceeding further you The minimum deposit for properties over £750,000 is 20%. *Applies to new lending only - cashback is payable within one month of draw down, subject to the loan not being redeemed during that time. 2% of your new mortgage back as cash upfront. Mortgages Find out more. It is however offering €2,000 back in cash if you switch your mortgage to the bank. If you want to find out more information on our mortgages or want But it also reduced rates to 2.15% for customers taking out a mortgage of between 50% and 80% of the value of the home, compared to 2.35% previously. No matter what stage in life you are at, deciding to buy a new home It is, however, offering €2,000 back if you switch your mortgage to them. If you are worried about being financially impacted by COVID-19 , If you are coming to the end of your payment holiday and want to know what to do next. by the Prudential Regulation Authority and regulated by the Financial For properties based in Northern Ireland, the minimum mortgage amount is £25,000. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Cashback applies as follows: 5 Year Green mortgage - £ 1,500; 5 Year Fixed Rate mortgage - £1,500; 2 Year Fixed Rate mortgage - £1,000; Discount Freedom and 2 Year Green Discount Standard Variable Rate mortgage - £500. provider, we’d be delighted to talk to you! Up to £1,500 cashback* for First Time Buyers, If you are worried about being financially impacted by COVID-19 ,click here, If you are coming to the end of your payment holiday and want to know what to do next,click here. The following fees are included in the calculation for this example: Free legal fees using a bank nominated solicitor*. Registered Office 92 Ann Street, Belfast BT1 3HH. The cash will be transferred directly into your current account within two months of drawing down your loan and it's suggested that it's used to help pay for the legal fees associated with switching. If you seek additional independent legal advice as part of your remortgage you must arrange to pay for those services yourself. are deemed to have read and accepted our Site Legal Notice and Privacy Statement. Group (UK) p.l.c. The AIB logo, Allied Irish Bank (GB) and Allied Irish Bank (GB) Savings Direct are trade marks used under licence by AIB Group (UK) p.l.c. As a special ‘thank you’, we will give you an additional 1% of your mortgage back in cash in five years’ time (subject to meeting the conditions of the mortgage). Do you have a repayment plan in place? If You Have A Self-Build Mortgage Loan: The first drawdown must occur between 14 January 2021 and 31 December 2021. Cashback is calculated on new borrowing over £30,000 and payable on drawdown of the mortgage. If the rates do not vary during the term of the mortgage, the total cost of credit (the total amount repayable less the amount of the mortgage) would be £51,388. Cashback applies as follows: 5 Year Green mortgage - £1,500; 5 Year Fixed Rate mortgage - £1,500; 2 Year Fixed Rate mortgage - £1,000; Discount Freedom - £500; 2 Year Green Discount Standard Variable Rate - £500. Fill in the enquiry form, Loans from €1,000 approved in 3 hours. For properties based in England, Scotland or Wales, the minimum mortgage amount is £150,000 and applications will be accepted from PAYE employees only. has to be difficult. If you are buying a high energy rated home, we are offering a new, our Site Legal Notice and Privacy Statement. 10% minimum deposit above applies to property values of up to £750,000 for first time buyers only; otherwise a 15% minimum deposit is applicable to properties valued up to £750,000. * Applies to new lending only - cashback is payable within one month of draw down, subject to the loan not being redeemed during that time. Choose whatever suits you. WARNING: If you do not keep up your repayments you may lose your home. Conduct Authority and the Prudential Regulation Authority. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE, Mortgage Repayment Calculator|/content/aibni/personal/our-products/mortgages/mortgage-interest-rates#repaycalc|false|false|Mortgage Repayment Calculator|false||Mortgage Affordability Calculator|/content/aibni/personal/our-products/mortgages/affordability-calculator|false|false|Mortgage Affordability Calculator|false||Mortgage Interest Rates|/content/aibni/personal/our-products/mortgages/mortgage-interest-rates|false|false|Mortgage Interest Rates|false||. Some exclusions apply: Further Advances and loans less than £65,000. Conduct Authority and the Prudential Regulation Authority. AIB Mortgage Bank u.c. If you’re thinking of moving your home mortgage from your current Recently Haven mortgages have introduced a €5,000 cash back incentive for 3,4,5,7 and 10 year fixed rates mortgages of €300,000 or more. Is your mortgage interest-only? Loans are granted subject to an appraisal of the applicant's financial standing. is regulated by the Central Bank of Ireland. is regulated by the Central Bank of Ireland. IMPORTANT: Before entering this site please take time to read This is an illustration and not a commitment to lend. Enter a mortgage amount, term and interest rate. Cash Back offers are popular with many buyers because they free up cash to assist with home decoration after a purchase. Whether we provide credit depends on your circumstances, and you must be 18 or over. A range of competitive fixed and variable rates. Why wait? There are two main ways a cash back mortgage can be offered by a mortgage lender. Group (UK) p.l.c. Self-build mortgages are available for properties based in Northern Ireland only. *The Bank will appoint a solicitor to act on its behalf only for the remortgage and will pay the standard solicitor fees, VAT and the cost of standard disbursements directly relating to the remortgage. These approvals usually last for about 6 months. IMPORTANT: Before entering this site please take time to read New lower fixed rates from 2.35% for lower loan to value Mortgages. Registered Number NI018800. AIB (NI)’s Bank Base Rate is typically the same as the Bank of England Base Rate, although this may not always be the case. Cashback mortgages have increased in popularity in recent years, with lenders such as Bank of Ireland, Permanent TSB and EBS offering a proportion of a mortgage back in cash. AIB Mortgage Bank u.c. Interest rates are subject to change. The cash will be transferred directly into your current account within two months of drawing down your loan and it's suggested that it be used to help pay for the legal fees associated with switching. We will pay you the €5,000 Cashback when your stage drawdowns are €250,000 or more and on a fixed rate. See below for summary of additional information. Offer may be amended or withdrawn at any time. AIB’s lowest rate of 2.1% is for the best energy-rated homes, where the loan is less than 50% of the value of the house. a callback. Cashback applies as follows: 5 Year Green mortgage - £1,500; 5 Year Fixed Rate mortgage - £1,500; 2 Year Fixed Rate mortgage - £1,000; Discount Freedom - £500; 2 Year Green Discount Standard Variable Rate - £500. For properties based in Northern Ireland, the minimum mortgage amount is £25,000. The AIB logo and AIB (NI) are trade marks used under licence by AIB We offer different ways to help you buy your first home, including 90% mortgages and support of affordable home ownership schemes. Cashback applies as follows: 5 Year Green mortgage - £ 1,500; 5 Year Fixed Rate mortgage - £1,500; 2 Year Fixed Rate mortgage - £1,000; Discount Freedom and 2 Year Green … The AIB logo and AIB (NI) are trade marks used under licence by AIB He added: ‘Today we are also announcing that Haven, our intermediary channel will be offering €5,000 cash back for new customers who draw down a fixed rate mortgage of €300,000 or higher.’ are deemed to have read and accepted our Site Legal Notice and Privacy Statement. is a big move. * Applies to new lending only - cashback is payable within one month of draw down, subject to the loan not being redeemed during that time. Mortgages with a rate of interest linked to AIB (NI)’s Bank Base Rate will move in accordance with our base rate changes after the relevant notification period. WARNING: You may have to pay charges if you pay off a fixed-rate loan early. WARNING: If you do not keep up your repayments you may lose your home. Authorised /content/aibni/personal/our-products/mortgages/mortgage-interest-rates/jcr:content/content-page-center/ftb_mortgage_repayment, See below for summary of additional information, General Information about AIB (NI) Mortgages. our Site Legal Notice and Privacy Statement. A range of competitive fixed and variable rates calculation for this example: free Legal fees using bank! You must be between 1.00 % and 20.00 % have to pay a total amount £277,458... Call you to explain your options £3,000,000, interest rate a high energy rated home, we ’ d delighted... Down your mortgage to them No matter what stage in life you are buying a high energy rated,... Have read and accepted our Site Legal Notice and Privacy Statement of.... Range of competitive fixed and variable rates be offered by a mortgage amount, term and interest rate and. Question, you can contact us on 0345 600 5925 or drop in any. Offering €2,000 back in cash if you switch your mortgage to the bank deciding... 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