First time buyers
Helping you buy your own homeRequest a call back Read this Important Information
about our mortgages
Lending criteria, terms and conditions apply. Over 18s only and Republic of Ireland residents only. Mortgaged property must be in Republic of Ireland. Security, buildings insurance and life cover required.
Warning: Your home is at risk if you do not keep up payments on a mortgage or any other loan secured on it.
First Five Mortgage
With 5 great benefits for first time buyers
We currently have the lowest fixed two year mortgage rate on the market, see https://www.bonkers.ie/compare-mortgages/.
3.8% Annual Percentage Rate of Charge. Standard Variable Rate applies after the fixed term, currently 4.3%
Source: Bonkers.ie 29/06/2018
Buying your first home?
It's an exciting time buying your first home. But it can be hard to know where to start when it comes to the important decisions such as choosing the right mortgage.
If you are ready to make a move you can show agents and sellers that you're a serious buyer with our Agreement in Principle.
Found a house you want to buy?
Review our wide range of fixed rate and flexible variable rate mortgages and find out how much your repayments are likely to be with our easy to use mortgage calculator.
Our guide to buying a home can help you begin to understand all the costs involved in buying your home.
You may also wish to consider taking out buildings and contents insurance along with sickness and unemployment cover, as appropriate.
About our mortgages
Fixed rate mortgages
Our fixed rate mortgages may make budgeting a little easier as the repayment amount is fixed for an initial term
Flexible variable mortgages
These mortgages track the Ulster Bank Standard Variable Rate plus or minus a set margin for the entire life of the loan
Find out about our eligibility criteria including how much you could borrow and for how long
Our step-by-step guide to help you buy your new home.
Our step-by-step guide to the mortgage application
Answers to questions we are asked most often about mortgages.
A list of key terms and phrases we'd like to help you understand.
Variable Rate Representative Example Assuming a total amount of credit of €100,000 repayable over 20 years at a borrowing rate of 4.3% (variable), the cost per month is €621.90 excluding insurance. The total amount to be repaid is €149,294 which includes a release of security fee of €38. The Annual Percentage Rate of Charge is 4.4% (variable). The additional cost per month of a 1% rise in the rate of interest of such a mortgage is €54.74 and would be payable monthly. The above quotation is for illustrative purposes only.
Fixed Rate Representative Example Assuming a total amount of credit of €100,000 repayable over 20 years, initially on a fixed rate for 3 years at 2.99% and then our Standard Variable Rate of 4.3% for the remaining 17 years would require 36 monthly payments of €554.10 and 204 monthly payments of €612.48. The total amount payable would be €144,932.90 made up of the loan amount of €100,000 plus interest of €44,894.90 and a security release fee of €38. The Annual Percentage Rate of Charge is 4.0%. After the initial fixed rate period ends, an additional 1% rise in our Standard Variable Rate would give rise to an additional cost at that time of €46.86 monthly. The above quotation is for illustrative purposes only.
about our mortgages