We now have a new lower rate of interest for going green if you are buying, moving to or have completed building a high energy rated home. Our EBS Green 4 Year Fixed Rate Mortgage is available to customers who want to live in a sustainable home. It offers a lower rate of interest for homes with a Building Energy Rating (BER) between A1 and B3.
If you are a first time buyer, mover, buying a holiday home, topping up on an existing mortgage, switching a mortgage to us, or moving to a different fixed rate, and the property is at least B3 rated, the EBS Green 4 Year Fixed Rate Mortgage is available to you.
Who can apply for the EBS Green 4 Year Fixed Rate Mortgage?
What does the Building Energy Rating Certificate need to show?
For Existing EBS PDH Mortgage customers:
If you are self-build:
The EBS Green 4 Year Fixed Rate Mortgage is not available to:
What happens at the end of your EBS Green 4 Year Fixed Rate Mortgage Term?
A typical €100,000, 20 year mortgage for an Owner Occupier Residential Property with a ‘Green’ 4 year Fixed rate of 3.10% and APR 3.6%, this includes 48 monthly fixed repayments of €559.62 and 192 variable repayments of €584.67. If the interest rate does not vary (based on today’s equivalent variable Rate of 3.70%) during the term of the mortgage, the total cost of credit i.e. the total amount repayable less than the amount of the loan would be €39,118.98 (inclusive of €215.00 valuation report fees). The total amount repayable would be €139,118.98. The effect of a 1% increase in the prevailing variable rate (3.70%) will add €43.21 to the 192 monthly variable repayments. Available to new and existing customers. Breakage fees may apply in the case of existing customers. Lending criteria, terms and conditions apply.