
Who can apply for AIB Green Mortgage?
AIB Green Mortgage is available to individuals looking to buy, build or renovate a highly energy-efficient home. To qualify, the property must have a Building Energy Rating (BER) between A1 and B3.
Both new and existing AIB customers can apply for this financing, provided they meet the aforementioned energy efficiency criteria. Furthermore, those who are considering transferring their mortgage to AIB can also benefit from the conditions offered by Green Mortgage.
Requirements to purchase AIB Green Mortgage
✔ Valid BER certificate, confirming the property’s energy classification between A1 and B3
✔ Proof of income and ability to pay
✔ Personal documentation such as valid identification and proof of address
✔ Detailed property information including valuations and property records
✔ Other requirements may be requested
A tip for you!
Before applying for Green Mortgage, it is advisable to carry out a complete assessment of the energy efficiency of the desired property. This will ensure you meet the necessary criteria and can take advantage of the lower interest rates on offer.
Additionally, consider consulting a financial advisor to fully understand the financing terms and how they align with your long-term financial goals. Being well informed will help you make better decisions and maximize the benefits of Green Mortgage.
Finally, remember that investing in an energy-efficient property not only results in financial savings, but also contributes to environmental sustainability.
What are the Green Mortgage fees?
Green Mortgage offers fixed interest rates from 3%, depending on the term chosen and the energy rating of the property. For example, for properties with a BER rating between A1 and A3, a fixed rate of 3% is available for a period of three years.
For properties with a BER rating between A1 and B3, AIB offers a fixed rate of 3.15% for two years. These competitive rates are designed to encourage the purchase and construction of more energy-efficient homes.
It is important to note that these rates are subject to change and may vary depending on market conditions. It is recommended to check current fees directly with AIB at the time of application.
How to apply for AIB Green Mortgage?
To apply for Green Mortgage, you can start the process online via the official AIB website or schedule an appointment with a mortgage specialist at the bank. During the application, you will need to provide the previously mentioned documentation and meet the established eligibility criteria.
If you are interested in financing an energy-efficient property and want to take advantage of AIB Green Mortgage’s attractive rates, click the button below for more information and to start your application.