Why Choose AIB as your Mortgage Provider
Getting a mortgage is undoubtedly one of the biggest commitments you’ll ever make, so it makes sense that you shouldn’t think short-term when getting one. But how can you get the best long-term value for your mortgage? Read on to find out.
The Value of Long-Term Thinking
At AIB, we’re always looking for ways to pass on more value to our customers. In September 2017, we reduced our Standard Variable Rate (SVR) by 0.25% - and lower rates mean better long-term value for you. The September reduction was our fifth lowering of rates in the last three years.
We also recently added to our fixed rate product offering with a new 7-year fixed term rate of 3.5% [PC1][CB2]- to offer you certainty about your repayments over a slightly longer term.
The Freedom to be Flexible
But long-term thinking isn’t just about value, it’s about flexibility too – and our mortgage offerings give you the freedom to adapt to changes in your lifestyle or situation. If you’re planning something big in the future – like maternity leave, renovations to your home or going back to school – our Payment Holiday option lets you pause your repayments for up to six months, giving you the financial peace of mind to plan for those major life events. At the end of your Payment Holiday, we then spread those six months’ payments over the rest of your mortgage term so, remember, your repayments will be a little higher.
Deferring Your Start
If you want a little more breathing room when you move into your new home, a deferred start allows you to delay your mortgage repayments for the first 6 months of your mortgage. This can be a great help if you’re planning on making any more improvements to your new home. Similarly to a Payment Holiday, at the end of the six months, your repayment amounts will be increased so that your mortgage is repaid over its original duration.
Are You Thinking of Getting a Mortgage?
Talk to one of our Mortgage Advisors today and start your mortgage journey.
Allied Irish Banks, p.l.c. is an authorised agent and servicer of AIB Mortgage Bank in relation to the origination and servicing of mortgage loans and mortgages. Allied Irish Banks, p.l.c. and AIB Mortgage Bank are regulated by the Central Bank of Ireland. Copyright Allied Irish Banks, p.l.c. 1995.Talk to one of our Mortgage Advisors today and start your mortgage journey.
Allied Irish Banks, p.l.c. is an authorised agent and servicer of AIB Mortgage Bank in relation to the origination and servicing of mortgage loans and mortgages. Allied Irish Banks, p.l.c. and AIB Mortgage Bank are regulated by the Central Bank of Ireland. Copyright Allied Irish Banks, p.l.c. 1995.