Why switch to AIB?
Switching your mortgage is a lot less hassle than you might imagine. We’ve helped lots of people switch to us. Moving your mortgage to AIB may give you more flexibility such as:
Saving on monthly repayments
Reducing your term
If you’re all set to go you can apply online, or if you need help you can make an appointment or chat to a Mortgage Advisor on the phone.
A Choice of Rates
You can choose between a fixed rate (including our green mortgage rate, higher value mortgage), a variable, or a combination of both.
Get €2,000 when you switch
We’ll give you €2,000 when you switch your mortgage to AIB to help cover your costs; we’ll pay it 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.
Higher Value Mortgage
If you are switching your mortgage of €250,000 or more to AIB, we have a lower fixed rate of interest available. Switchers availing of this rate can also benefit from the €2,000 Switcher cash offer.
Book an appointment
Your local mortgage expert can help you with your application
Check our rates
Green Fixed Rate
For higher energy rated homes, we are offering our lowest fixed rate of interest.
A fixed rate mortgage has a rate of interest which doesn’t change for a set period of time, so you know exactly how much you pay every month.
Mortgage Switching timeline
Calculate & apply
Find out how much you could save with our switcher calculator. When you’re ready to switch your mortgage talk to our dedicated team of mortgage advisors in branch, on the phone or switch online in your own time to start the application process.
Approval in Principle
Once you have given us your information we will give you an idea of how much you can borrow, we call this Approval in Principle, which means you are one step away from switching to us. It’s not the formal contract, not just yet, but it’s good for the next 6 months.
Log in to My Mortgage web app
With the My Mortgage app, we’ll make the next steps as easy as we can for you. We’ll send you a link to My Mortgage which lets you control the rest of your application on your phone, table or desktop, in your own time and has everything you need in one place.
Complete your application
To complete the application we’ll need to know the property details and the name of your solicitor to finalise your mortgage application. We will also need a Valuation Report on the home and proof that you have mortgage protection and home insurance in place.
When all the conditions of the mortgage have been met, we’ll send a letter of offer to you and your solicitor, once you’ve reviewed it and you are happy with the contract, you both need to sign the contract and return it to AIB. Once everything is in place, your solicitor will drawdown the mortgage funds on your behalf and send the money to your existing lender to clear your mortgage with them.
Manage your application with My Mortgage
Once you have applied for a mortgage, we’ll make all the next steps as easy as we can for you. We’ll provide you will access to My Mortgage which lets you control the rest of your application on your mobile, tablet or desktop, in your own time.
Through My Mortgage you can see the documents required to support and progress the application. It also provides the ability to upload documents, to review and download your Approval in Principle plus other documents and has a message function to contact one of our Mortgage Advisors whenever you need any help.
Help & support
Home Mortgage Regulatory Information
Allied Irish Banks, p.l.c. is an authorised agent and servicer of AIB Mortgage Bank u.c. in relation to origination and servicing of mortgage loans and mortgages. AIB Mortgage Bank u.c. is regulated by the Central Bank of Ireland.
|Lending criteria, terms and conditions apply. Over 18s only. Security may be required.
|WARNING: If you do not keep up your repayments you may lose your home.|
|WARNING: You may have to pay charges if you pay off a fixed-rate loan early.|
|WARNING: The cost of your monthly repayments may increase.|
|WARNING: If you do not meet the repayments on your loan, your account will go into arrears.
This may affect your credit rating, which may limit your ability to access credit in the future.