Investment Mortgages

What is an investment mortgage?

An investment mortgage is simply where you have decided to purchase a property to generate income through rent and/or household value appreciation. There are many reasons you may choose an investment mortgage. Perhaps you are trading up or down and wish to retain your existing property as an investment.

Benefits can include:

• Maximising tax relief
• Investment mortgage can be an excellent way to purchase a home for retirement

Interest Only Mortgages

An Irish interest only mortgage allows you to repay the interest only for a specified period of time. This will depend on the lending institution's criteria.

Benefits of an Irish Interest Only Mortgage

• Maximising tax relief, i.e. tax relief on your full repayment as the repayment comprises of interest only.
• Investment mortgage can be an excellent way to purchase a home for retirement

Warning: The entire amount that you have borrowed will still be outstanding at the end of the interest-only period.