
Who can apply for a Bank of Ireland home improvement loan?
The Bank of Ireland Home Improvement Loan is available to Irish residents who want to improve their property. Whether for small renovations or large projects, the bank offers solutions suited to your needs.
It is important that the applicant has an active current account with Bank of Ireland and is in good financial health, demonstrating the ability to pay the loan installments.
Requirements to acquire the Bank of Ireland home improvement loan
✔ Valid identification document (passport or driver’s license)
✔ Proof of recent residence
✔ Proof of income (payslips or bank statements)
✔ Bank of Ireland current account details
✔ Other requirements may be requested
A tip for you!
When requesting the loan, carefully evaluate the amount needed for your renovation and plan a detailed budget. This will help avoid financial setbacks during project execution.
Also consider the impact of installments on your monthly budget. Use the calculation tools available on the bank’s website to simulate different scenarios and choose the best option for you.
Remember that the loan is a financial commitment. Make sure you can make payments over the chosen period, avoiding default and possible future complications.
What are the Bank of Ireland home improvement loan rates?
Variable rates starting at just 6.5% APR for works that improve the energy efficiency of your home and 6.8% APR for regular improvement works.
How do I apply for a Bank of Ireland home improvement loan?
To apply for a home improvement loan, go to the Bank of Ireland website and complete the online application form. After submission, a representative will contact you to continue the process and advise on the next steps.
Click the button below to be taken to the official Bank of Ireland Home Renovation Loan page and start your journey towards your dream home.