Banks offer range of top-up options
AIB Mortgage customers can apply for a top-up if additional funds are required for extending, renovating or refurbishing the house or if needed for educational or medical purposes up to 90% of the value of the property. First Acvtive The minimum top up is €2500-00 and the maximum is €65,000.00 provided it does not exceed 80% of property value. Permanent TSB Existing mortgage holders can apply for additional loans, provided total borrowings do not exceed 92% of property value at an interest rate of 1.5% above standard variable rate. IIB Bank Offer a fast track service called Express Cheque where legal costs are fixed at €499.00. Applicants can borrow up to 92 per cent of the property's value.