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Mortgage Overview


Helping customers get the finance they need

At Bank of Ireland UK we have a range of mortgages designed to help you wherever you are in your life. And with money still available from our Mortgage Fund we can help get you where you want to go.

Mortgages to suit you

Whether you're a first time buyer or looking to move home, remortgage or invest in a property, we have a range of mortgages with a variety of incentives for you to choose from.

  • Fixed: Ideal if you want budgeting certainty, these mortgages provide security from possible interest rate rises by fixing your monthly repayments for a set period of time. Remember if rates fall during the set period, the amount you pay will stay the same
  • Standard Variable Rate (SVR): Our standard mortgage rate is not fixed and can be varied by us at any time

We also have a range of specialist mortgages tailored to suit specific requirements:

  • 1st Start: Specialist first time buyer mortgages
  • Easy Switch: Save on fees when you remortgage to us
  • Self Build: Used in conjunction with a Bank of Ireland UK bridging loan, these mortgages are for customers building their own home
  • Buy to Let: Mortgages designed for property investors
  • Northern Ireland Co-Ownership: We offer a range of mortgage rates exclusively available to customers who are purchasing a share of their home on a co-ownership basis through the Northern Ireland Co-Ownership Housing Association Limited (NICHA)
  • Current Account Holders: We offer exclusive mortgage products for account holders of a Bank of Ireland (UK) plc Personal Current Account, Graduate Current Account or a 3rd level Student Account with a mandated salary paid into it. These mortgages are available to both existing and newly opened account holders. Some of the features of this range include:
    • Available for residential purchases and remortgages
    • Up to 90% loan to value
    • Options to help with upfront fees, such as; no product fee and Higher Lending Charge paid by us (where applicable)

View our full range of mortgage rates and related lending criteria for new customers.

To find out more about our options for existing customers, please click here.

    Things to consider

    Our mortgages are available on a repayment or interest only basis, or a combination of both.

    Interest Only Criteria:

    You must have a minimum allowable income of £50,000 per annum or a minimum joint income of £75,000 per annum (where neither applicant fulfils the individual income requirement). There must be a minimum equity of £200,000 in the property.

    You can borrow a maximum of 60% of the purchase price or valuation (whichever is lower) on an interest only basis, or a combination of repayment and interest only, with a suitable repayment strategy.

    If your loan exceeds the specified loan to value then the entire amount must be on a repayment basis. We are unable to lend into any applicant’s retirement on an interest only basis.

    The following repayment strategies are acceptable: Endowment, Cash, Cash ISA, Stocks & Shares ISA, Quoted Stocks & Shares, Pension, sale of the mortgaged property, sale of other UK Residential Properties, Investment Bonds, Unit Trusts or a combination of any of the strategies listed. Your chosen repayment strategy will be verified by an underwriter to ensure that it's credible. All of your repayment strategies must be held, valued and paid in GBP.

    Interest Only Mortgages:

    With an interest only mortgage, your monthly mortgage payments only pay off the interest charged on your mortgage - and do not reduce the loan itself. So when your mortgage ends, you will still need to repay the original amount borrowed (called 'the capital') plus any fees that may have been added over the term of the mortgage.

    Your Responsibility

    It is your responsibility to pay back the capital that you borrowed at the end of the mortgage term so you will need to have a strategy in place and you must regularly check to ensure it's on track to repay your mortgage.

    Apply Now

    • If you’re applying for a Current Account Holder mortgage, please contact your local branch or call us on the number below
    • If you’re applying for a Self Build mortgage, talk to an Mortgage Sales Adviser at your local branch
    • For all other mortgages you can apply using any of the three options below.
    In branch Over the phone Online
    For fact to face help and advice, book an appointment in branch with our qualified Mortgage Sales Advisers

    If you’d prefer to apply over the phone, call our Mortgages Direct Team.

    If you don’t need advice and are happy to choose a mortgage yourself, apply online with us now.
    Branch Locator Call us on 0800 1690 082* Apply online

    * Calls may be recorded for training and monitoring purposes. Lines are open 8.30am - 6pm Monday to Friday.

    Full written details and quotations are available on request. All mortgages are subject to status and valuation. Residential mortgages are only available to persons over the age of 18 years. For Buy to Let mortgages, the principle applicant must be 21 years or over.

    All information correct as at 30 December 2016.

    Bank of Ireland Group provides mortgages in the UK through "Bank of Ireland Mortgages" and "Bank of Ireland UK".

    Bank of Ireland Mortgages is a trading name of the UK branch of the Governor and Company of the Bank of Ireland (with branch number BR000459) which is authorised by the Central Bank of Ireland and the Prudential Regulation Authority and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our authorisation and regulation by the Prudential Regulation Authority, and regulation by the Financial Conduct Authority are available from us on request. The registered office of the UK branch of the Governor and Company of the Bank of Ireland is 1 Temple Back East, Temple Quay, Bristol, BS1 6DX.

    If you are in doubt as to your mortgage provider or have any queries relating to our UK mortgage products or services please contact our UK administration centre at: Bank of Ireland (UK Mortgages), PO Box 3191, Bristol, BS1 9HY. Phone: (0117) 979 2222. Fax (0117) 929 3878.