Up to 3% Back in Cash

Our up to 3% Back in Cash Mortgage Offer

We are offering home buyers up to 3% Back in Cash. That’s 2% of the value of your new mortgage upfront and 1% in five years if you are a first time buyer, mover, purchasing a holiday home or switching your mortgage to (on a property you live in) EBS. Please see the terms and conditions of this EBS up to 3% Back in Cash Offer. More information can be found in the EBS Back in Cash Application Form.

Yep …that's up to €5,000 two months after you take out the mortgage and a further €2,500 in 5 years’ time on a €250,000 mortgage, Back in Cash. Why? Because an EBS Mortgage Advisor knows the mortgage process back to front – they know that that extra few bob really counts in the final moving in stage.

Your EBS Mortgage Advisor doesn’t like any messing or fussing either. That’s why you get your EBS 2% Back in Cash mortgage offer into the current account used to pay your mortgage, 2% within two months of taking out the mortgage and another 1% after five years. This is subject to the terms and conditions of the offer.

Sounds Great! Show me some examples

The amount you’ll get back depends on the size of your mortgage. Simples. Here are some examples.

My Mortgage Back in Cash at Drawdown Back in Cash Year 5
€100,000 €2,000 €1,000
€150,000 €3,000 €1,500
€220,000 €4,400 €2,200
€250,000 €5,000 €2,500
— WHAT WE OFFER —

Cash Back Features & Benefits

LTV Interest Rate

You can borrow up to 90% of the value of the property - Loan To Value (LTV)

Studios and One Bedroom Offers

Up to 80% loan to value is available for a studio apartment valued at €275,000 or above, or a one bedroom property. We do not lend to buy studio apartments valued at under €275,000

Repay in your own time

Repayment term up to 35 years, depending on the age of borrowers

  • This 3% Back in Cash offer is available for first time buyers, movers, holiday home buyers or switchers (where you live in the property). It is not available for transfers of title or top up applications.
  • You are buying a property in Ireland that you intend to live in or you are switching your mortgage for a property you live in to us.
  • You take out a mortgage loan between 1 January 2019 and 31 December 2025.
  • You are drawing down on either a 2 Year Fixed Rate, 3 Year Fixed Rate, or 5 Year Fixed Rate. The offer is not available on any Variable Rate (including the Tracker Interest Rate Retention Product), 1 Year Fixed Rate or the Green 4 Year Fixed Rate.
  • We receive your EBS Back in Cash application form. We accept it and you have a direct debit set up on the current account used for the mortgage repayment.
  • If you have a tracker mortgage with another mortgage provider, switching your mortgage to EBS means you will lose your tracker rate. We recommend you get independent financial advice before deciding to switch your mortgage.
  • To be eligible for the 1% Back in Cash after year five, you must, on the fifth year anniversary of the mortgage loan date:
    •  Have already received the EBS 2% Back In Cash on your mortgage loan account
    • Have your mortgage loan still open with us.
  • On the fifth anniversary of your mortgage loan draw down, you do not need to be on a specific rate type to get the EBS 1% Back in Cash.
  • You are already a customer who has a top-up or transfer of title mortgage loan; and/or
  • You already got an EBS Back in Cash offer for a mortgage loan on the same property
  • You are drawing down your mortgage loan  on any Variable Rate (including the Tracker Interest Rate Retention Product), 1 Year Fixed Rate or the Green 4 Year Fixed Rate.
  • You are drawing down a Buy to Let mortgage with us

What you need to know

We want you to have all the information you need on the EBS 3% Cash Back Offer. Here are a few points to consider:
  • 2% Back–in-Cash at drawdown means we will pay you 2% of the mortgage loan amount. We will pay this 2% into the current account you use for mortgage repayments within two months of taking out the mortgage.
  • 1% Back-in-Cash in year 5 means we will pay you 1% of the original mortgage loan amount. We will pay this 1% into the current account you use for mortgage repayments within two months of the fifth year anniversary of the mortgage loan date.
To qualify for the 2% EBS Back-in-Cash Mortgage Offer:
  • You have to take out the mortgage loan between 1 January 2019 and 31 of December 2025.
  • You must draw down on one of the eligible Fixed Rates, 2 Year Fixed Rate, 3 Year Fixed Rate, or 5 Year Fixed Rate. The offer is not available on any Variable Rate (including the Tracker Interest Rate Retention Product), 1 Year Fixed Rate or the Green  4 Year Fixed Rate.
  • You must be a mortgage customer who is a first time buyer, a mover, buying a holiday home or is switching a mortgage loan for a property you live in to us.
  • You are buying a property in Ireland that you intend to live in or you are switching that property to us.
  • You must fill in and send us the EBS 3% Cash Back Offer Mortgage Offer application form and we have to accept this form.
  • You must have a direct debit set up on the current account used for the mortgage repayment.
  • If you have a self-build mortgage loan - see below.
To qualify for the EBS 1% Back-in-Cash on the fifth anniversary of your mortgage drawdown you also need to:
  • Have already received the EBS 2% Back In Cash on your mortgage loan account.
  • Have your mortgage loan still open with us.
  • On the fifth anniversary of your mortgage loan draw down, you do not need to be on a specific rate type to get the EBS 1% Back in Cash.
If you are building your own home:
  • The first drawdown must occur between 1 January 2019 and 31 December 2025. If so:-
    • We will pay you 2% of the amount of each stage payment of the mortgage loan, which is drawn down within 18 months of the first payment. We will pay this 2% into the current account you use for mortgage repayments within two months of each stage payment.
    • We will pay you 1% of each stage payment of the mortgage loan. Only those stage payments which took place within 18 months of the first draw down will be eligible for the additional 1% payment.
    • Any payment that happens after 18 months of the first payment will not qualify.
You will not qualify for the EBS Back-in-Cash Mortgage Offer if:
  • You are taking out any Variable Rate (including the Tracker Interest Rate Retention Product), 1 Year Fixed Rate or the Green 4 Year Fixed rate.
  • You are already a mortgage customer of ours who is topping up a loan or a transfer of title mortgage loan.
  • You have already got an EBS 2% Back in Cash Offer for a mortgage loan on the same property.
  • You are drawing down a Buy To Let mortgage with us.

The offer will have no effect on the cost of your mortgage credit whether you take it or not.

If you have a tracker mortgage with another mortgage provider, switching your mortgage to EBS means you will lose that tracker rate. We recommend you get independent financial advice before deciding to switch your mortgage.

We reserve the right to amend, withdraw or terminate the offer or substitute the offer with another or alter the specification of the offer without prior notice. Should the offer be amended, terminated or withdrawn, we will endeavour to inform all affected customers and will provide a similar alternative offer that meets with our regulatory obligations.

— HOW CAN WE HELP? —

Useful tools

See how much you could borrow

User our calculator to figure out how much you can comfortably afford to repay each month

View your monthly repayments

Use our calculator to see how much you would have to repay on your mortgage each month

EBS mortgage rates

This will give you a good idea of your options for an interest rate that best suits you

If you prefer the chat

Talk to us
Important Information
  • What you can borrow will also depend on what you can comfortably afford to repay monthly. This typically should not be more than 35% of your disposable income, however this varies depending on an  individual’s circumstances.
  • If you take out a mortgage with a fixed rate of at least one year and decide to repay all or part of it early, if you change to a variable interest rate, or, if you change to another fixed interest rate we may charge you an early breakage fee. You can find information about how we calculate and when we charge this early breakage charge by clicking ‘Home Mortgages General and Regulatory Information’ below and then selecting ‘Our mortgage interest rate options’.
  • You will need to have mortgage protection cover which can be arranged through us or you may get it through an Insurance company.
  • Keep in mind you will also need money for a valuation fee (you will need to use a valuer from the EBS Residential Mortgage Valuers panel), legal fees, maybe a surveyor and stamp duty. Also remember possible repairs and decoration costs on your new home.
  • 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, a hire-purchase agreement, a consumer-hire agreement or a BNPL agreement in the future.