Applying for a remortgage in IrelandGet an indication of how much you can borrowWhat type of mortgage and rate is best for you?Mortgage Interest ReliefCosts involved Choosing a solicitorValuationsApplying for a remortgage in Ireland
Before applying for a remortgage, it’s important to work out exactly how much you would like to borrow. Use this as an opportunity to get rid of debts like credit card bills, personal loans, car loans, credit union loans etc. With most Remortgages in Ireland now it is possible to split the repayment terms. In other words if you are using part of the remortgage to consolidate and clear small debts you can repay this back over a much shorter period of time. This is ideal for customers using part of the loan to carry out refurbishments or fund a holiday home purchase and part of it to clear debts.
Back to TopGet an indication of how much you can borrow
Once you have clarity as to how much you’d like to borrow, get approval in principle from your broker so you know exactly how much the banks/building societies are willing to lend. One call to NC Mortgage Brokers on 1890 450 890 and we will arrange an Approval in Principle for you within a few days. In the interim, you can use the online calculators as a yard stick to find out how much you can borrow
Back to TopWhat type of mortgage and rate is best for you?
There are a wide range of mortgages and rates in the market at the moment. At NC Mortgage Brokers we can discuss all the options available to you and together choose the most suitable product and rate for your needs.
Back to TopMortgage Interest Relief
This is a tax relief you are entitled to on mortgage interest payments
Back to TopCosts involved
When you are remortgaging you will incur costs. A large portion of these costs can be included in the loan amount being borrowed.
- Legal Costs,
- Application fee
- Valuation fees
Back to TopChoosing a solicitor
NC Mortgage Brokers have a special legal discount in place for customers who use their nominated Remortgage Solicitors. If you opt to use this legal service legal fees for your remortgage can be as low as €999 and this includes VAT and legal outlay.
However there is absolutely no obligation to go through First American. If you are choosing your own solicitor, as a rule of thumb, you can expect to pay 1% - 1.5% of the purchase value of your home + VAT (21%) for their services.
Back to TopValuations
All mortgage providers will instruct a valuer to assess the market value of the property you want to purchase. The fee for a valuation is approximatly €127
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