Remortgage Costs and Timing

We constantly monitor the remortgages on offer to ensure we can meet your remortgaging requirements. You should review our switch and save calculator to see what direct savings you can make on rates.

  • The upper limit on remortgages is 90% of the value of your property.
  • As a guide you should budget in the region of €1,000 for legal costs involved in a remortgage. This outlay is usually covered by cash incentives from the new lender.
  • A valuation fee of €180 is also payable, as the lender will require a valuation before a loan offer is issued. This outlay is usually covered by cash incentives from the new lender.
  • You will need to have life insurance to the value and term of your new mortgage in place prior to draw down. We can help you with this.
  • Redemption penalties may arise if you are breaking a fixed rate mortgage agreement. If you want to remortgage and are in a fixed rate you will need to check with your current lender regarding whether any penalty is payable on switching.
  • The remortgage process can normally be completed in approx. four weeks.

If you want to talk to an advisor about remortgaging, please get in touch or go directly to our remortgage application portal.