Mortgage for an apartment

T

therock

Registered User
Messages
34
Hi,

Does anyone know what the situation is regarding a mortgage for an apartment?

Is it more difficult to get than for a house?

Can you get a 90/92% mortgage if buying an apartment?

Thanks.
 
therock said:
Hi,

Does anyone know what the situation is regarding a mortgage for an apartment?

Is it more difficult to get than for a house?

Can you get a 90/92% mortgage if buying an apartment?

Thanks.
Click to expand...
As far as I know, most lenders will offer mortgages at that level, some won't. For example, Halifax will only offer 80% mortgages on apartments in Dublin and 75% mortgages in the rest of Ireland.

I suppose it's a case of getting in touch with all the lenders and finding out.
 
As with any mortgage it really depends on your overall circumstances - e.g. income, existing debts/savings, how much you are looking to borrow (amount and percentage of purchase price) etc. Otherwise it's difficult to comment in general terms.
 
Haven, IIB, PTSB and BOSI won't give 92% on apartments.
You should be fine with the rest of the lenders (once you afford it of course!)
 
You must log in or register to reply here.
Back
Top