A fee charged when you request your mortgage provider to supply additional copies of your mortgage contract or statement of interest.
A fee charged at the end of a mortgage when you’ve paid the balance in full to release the deeds to your property and remove the bank’s claim on them.
Transfer rate fee
A fee charged when you wish to move from a variable rate mortgage onto a fixed rate mortgage.
Late payment fee
If you do not pay us a repayment instalment or other sum of money by the date you are due to pay it, we may charge you a default interest rate of 0.5% per month or part of a month (which is 6% per year) on the unpaid sum. This default interest is added to normal interest.
We do not charge borrowers default interest when they are in a Mortgage Arrears Resolution Process under the Central Bank’s Code of Conduct on Mortgage Arrears and are co-operating reasonably and honestly with us.
The following additional costs will be payable by the borrower for buy to let properties (and principal dwelling housing where the loan amount is €1.5 million or over).
1. The borrower must reimburse the Bank for the legal costs incurred by the Lender in effecting the Lender’s Security and related tasks (excluding costs associated with the Bank’s legal investigation of title for the purpose of the mortgage);
2. The outlay and fees payable to state agencies for the registration of the Lender’s Security, which must be remitted to the borrower’s solicitor. The Lender’s legal costs to be reimbursed by the borrower are the following:
a) the Lender’s solicitor’s professional fee of €950 plus Value Added Tax per property
b) Outlay and fees payable to state agencies for the registration of the Lender’s Security which shall not exceed €350 per property.