Home Loan CalculatorProduct Features
Established in 1864, ICS Mortgages is one of Ireland’s leading mortgage brands. At ICS Mortgages we are now offering Housing Bridging Loans for homeowners and investors. These products are available from a number of brokers throughout the country or directly through our lending team. These loans offer Fast and Flexible solutions tailored to your needs.
Our Bridging Finance loans are are available Individuals and companies via SPV structure and include:
- Trade downs
- Buy-To-Let Renovations
- Buy-to-Let Auction purchases
Trade Down For Individuals
Features and Benefits
- 12-month term for Accumulated Interest (no minimum term).
- 18-month term for Interest Only (no minimum term).
- Arrangement Fee 2% of loan amount.
- Exit Fee 1% of loan amount.
- Variable rate of 1% per month, 12% per annum.
- No additional Penalty for Partial or full repayment before expiry of term.
- Up to 70% Loan to Value.
- Minimum loan size €100,000 – Maximum loan size €1.50m.
- Minimum property value €115,000 with no maximum property value.
- Minimum age of applicants 21 years, maximum age on maturity 70 years.
- Minimum annual income €40,000 (per single/joint application this can be combined between two applicants).Up to 4 applicants on each mortgage.
- We will lend for properties in Dublin (and surrounding counties Kildare, Wicklow, Meath), Galway, Cork and Limerick, Dundalk, Drogheda, Waterford City and for properties in other urban centres with population greater than 5,000 people or more.
Buy-To-Let Renovation
Features and Benefits
- 12-month term for Accumulated Interest (no minimum term).
- 18-month term for Interest Only (no minimum term).
- Arrangement Fee 2% of loan amount.
- Exit Fee 1% of loan amount.
- Variable rate of 1% per month, 12% per annum.
- No additional Penalty for Partial or full repayment before expiry of term.
- Up to 70% Loan to Value.
- Minimum loan size €100,000 – Maximum loan size €1.50m.
- Minimum property value €115,000 with no maximum property value.
- Minimum age of applicants 21 years, maximum age on maturity 70 years.
- Minimum annual income €40,000 (per single/joint application, this can be combined between two applicants).Up to 4 applicants on each mortgage.
- We will lend for properties in Dublin (and surrounding counties Kildare, Wicklow, Meath), Galway, Cork and Limerick, Dundalk, Drogheda, Waterford City and for properties in other urban centres with population greater than 5,000 people or more.
Buy-To-Let Auction
Features and Benefits
- 12-months term for Accumulated Interest (no minimum term).
- 18-month term for Interest Only (no minimum term).
- Arrangement Fee 2% of loan amount.
- Exit Fee 1% of loan amount.
- Variable rate of 1% per month, 12% per annum.
- No additional Penalty for Partial or full repayment before expiry of term.
- Up to 70% Loan to Value.
- Minimum loan size €100,000 – Maximum loan size €1.50m.
- Minimum property value €115,000 with no maximum property value.
- Minimum age of applicants 21 years, maximum age on maturity 70 years.
- Minimum annual income €40,000 (per single/joint application this can be combined between two applicants).Up to 4 applicants on each mortgage.
- We will lend for properties in Dublin (and surrounding counties Kildare, Wicklow, Meath), Galway, Cork and Limerick, Dundalk, Drogheda, Waterford City and for properties in other urban centres with population greater than 5,000 people or more.
Standard Fees and Charges Applied
Arrangement Fee:
Exit Fee:
2% of loan amount
1% of loan amount
Unpaid Direct Debit
€12
Interest surcharge (arrears)
– Subject to the provision of Chapter 3 of the Central Bank of Ireland’s Code of Conduct on Mortgage Arrears.
0.4% per month
Legal Fees and Charges Applied
Accountable Trust Receipt
– This fee is charged when a Solicitor requests the Title Deeds on behalf of our customers. The fee is not applicable where our customers are seeking additional funds on the same security.
€63
Buy To Let Legal Fee's
€1,050 plus VAT per property for individuals
€1,500 plus VAT per property for SPV/Companies
Third Party Fees and Charges Applied
Third Party Fees and Charges
There may be other charges associated with your mortgage payable directly by you to third parties, e.g. Solicitor Fees, Valuation Fees, Surveyor Fees.
Valuation Fee's
Standard Property with single unit
2-5 residential units
6-10 residential units
Mixed use (with retail unit/office)
€185
€425
€685
€685
WARNING: Your property is at risk if you do not keep up payments on a mortgage or any other loan secured on it.
WARNING: If you do not keep up your repayments you may lose your home.
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.
WARNING: The payments rates on this housing loan may be adjusted by the lender from time to time. The cost of your monthly repayments may increase.
WARNING: If you have an interest Only mortgage, the entire amount that you have borrowed will still be outstanding at the end of the Interest Only period.
WARNING: This new loan may take longer to pay off than your previous loan. This means that you may pay more than if you paid over a shorter term.
WARNING: You may have to pay charges if you pay off a fixed rate loan early.
Lending Criteria, Terms and Conditions apply and are subject to change.
Rates are correct as at 13.11.2024 but are subject to change.
Dilosk DAC trading as Dilosk and ICS Mortgages is regulated by the Central Bank of Ireland.
For more information contact ICS Mortgages
PHONE: 0818 427 427
EMAIL: icsdirect@dilosk.com
Or contact your local Mortgage Broker
We’d be delighted to do business with you