New Central Bank deposit rules and Help to Buy scheme for First Time Buyers
If you’re a first time buyer working hard to get your first home, there’s now even more good news.
The Central Bank has recently announced new mortgage lending rules which mean that First Time Buyers now only have to save a deposit of 10% of the purchase price.
This, coupled with the new government Help to Buy scheme, means you could be a whole lot closer to getting your first home.
Here’s a handy guide that shows what it could mean for you:
And when you’re ready to get your mortgage, Bank of Ireland is here to help.
For further information visit bankofireland.com/mortgages or contact us today – over the phone, through Skype, or in person. Call 1890 365 365.
Call 1890 365 345
Lending criteria and terms and conditions apply. Security and insurance required.
Bank of Ireland Mortgage Bank trading as Bank of Ireland Mortgages and The Mortgage Store is regulated by the Central Bank of Ireland.