Mortgage information
ebs.ie
All your questions answered We will also have an exclusive launch of an exciting new development of almost 200 new homes at Ballyguile, Wicklow, an elevated site with amazing views. Selling agent Sean O’Farrell from O’Farrell Lynch will be along on the night with details of the development and the unique opportunity to book one of the 35 homes in Phase 1 which will be released on the night!
Thursday 31st March, 5:00 - 8:00pm EBS Wicklow, Greentree House Fitzwilliam Sq. Wicklow Tel: 0404 69096 All welcome, no registration required WARNING: YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER LOAN SECURED ON IT. THE PAYMENT RATES ON THIS HOUSING LOAN MAY BE ADJUSTED BY THE LENDER FROM TIME TO TIME. (Applies to variable rate loans only) If you or your dependents intend to use the property as a principal place of residence, you must show evidence of mortgage protection insurance, unless you are exempt under the Consumer Credit Act 1995 (you can seek this insurance through us or from other sources). Maximum loan to value of Owner Occupier Residential Properties - 90% of purchase price or valuation whichever is lower. Lending levels are subject to monthly repayment burden, typically not exceeding c. 35% of borrower’s disposable income and will vary according to individual circumstances. Loan requests considered on the basis of proof of income, financial status and demonstrated repayment capacity (including capacity to repay at higher interest rates). Loans not available to people under 18. Mortgage loans require to be secured by a mortgage and charge on the subject property. A typical €100,000, 20 year mortgage for an Owner Occupier Residential Property with LTV greater than 80% will have a variable interest rate of 4.2% and APR 4.3%, and 240 monthly repayments of €616.57. If the APR does not vary during the term of the mortgage, the total cost of credit i.e. the total amount repayable less the amount of the loan would be €48,191.98 (inclusive of valuation report fees of €215). The total amount repayable would be €148,191.98. The effect of a 1% increase in interest rates for such a mortgage will add €54.48 to the monthly repayments. Execution and registration of the mortgage deed will involve payment by you of your solicitor’s fees, outlays and registration fees. The amount of solicitor’s fees can be determined by negotiation with your solicitor, who will also inform you of the amount of the outlays and registration fees. We will charge you €60 for executing a discharge, release or vacate of a mortgage. A valuation of the property must be carried out by a valuer on our panel of valuers prior to loan approval. This valuation will cost you €150 which will be refunded to you if your loan application is unsuccessful. If the valuation of the property is undertaken more than two months before the requested date of drawdown of the loan or of the final stage payment, a re-valuation will be required which will cost you €65. If the conditions of your loan require a final valuation following completion of the building of the property, renovations or repairs to it, this will cost you €65. Acceptance terms and conditions apply. Colman Doyle Finance Limited is a tied mortgage agent acting solely on behalf of EBS Limited. EBS Limited is a tied insurance agent of Irish Assurance plc for life insurance products. Lending criteria, terms and conditions apply. EBS Limited is regulated by the Central Bank of Ireland.