Green Mortgage

Green Mortgage not suitable for you?

Explore our other competitive mortgage options:

• First Time Buyer Mortgage.
• Second Time Buyer Mortgage.
• Switcher Mortgage.

I'm an existing PTSB Mortgage customer

To switch to a new fixed rate, get in touch with our Mortgage Team to discuss your options. 

Book an appointment Call 0818 50 24 24

Additional qualifying information

• Please note: If you are on a variable rate there is no charge to switch to the Green Mortgage. If you are on a fixed rate, you may be charged a breakage fee to switch to the Green Mortgage, unless you wait until your initial fixed-rate term has matured.
• As a BER cert may not be available when building a new home or structurally renovating an existing home, PTSB will accept an Engineers Certificate of Inspection confirming the proposed BER post completion of the works.
• A valid BER cert is available to download from the SEAI website at no cost. If you do not have a BER Certificate or it has expired, there will be a cost associated with obtaining a new BER Certificate.
• Existing customers releasing equity to achieve a BER of A1 to B3 (inclusive), the Green Mortgage will only apply to the top-up Equity Release amount and not the existing loan.
• Green Mortgage excludes customers doing non-structural works where the BER cannot be certified. However, if BER can be proven post drawdown and works, you may avail of a Green Mortgage. 
• At the end of your initial fixed-rate period you can choose from our interest rate options available to existing customers at that stage, this may include a Green Mortgage option. You will be required to submit a valid BER Certificate (in-date), confirming a BER of A1 to B3 (inclusive).
• The Green Mortgage is available only to home loan customers, who choose a 3 or a 5 year fixed interest rate (excludes Buy to Let and non-Structural Top Up Loans).

Lending criteria, terms and conditions will apply. Mortgage approval is subject to an assessment of suitability and affordability. Applicants must be aged 18 or over. Security is required and a credit agreement will be secured by a mortgage or by a right related to residential immovable property. Life and Home Insurance are also required.

For First Time and Second Time Buyers a maximum Loan to Value (LTV) of 90% will apply to a property’s purchase price. The maximum LTV for customers who hold their current mortgage with another bank but wish to switch their mortgage to PTSB while also releasing equity is 85%. Maximum loan amount will typically not exceed 4 times an individual’s gross income for First time Buyers & 3.5 times an individual’s gross income for Second time Buyers.

The monthly repayment on a 20 year mortgage with Loan to Value (LTV) greater than 80% with variable borrowing rate of 4.70% on mortgage of €100,000 is €643.50 for 240 months. Total amount repayable is €154,799.06. If interest rates increase by 1% an additional €55.73 would be payable per month. For this example, Annual Percentage Rate of Charge (APRC) of 4.84% applies and consists of variable borrowing rate of 4.70%, valuation fee of €150, Property Registration Authority (PRA) fee of €175, and security vacate fee of €35.  

Information correct as of 31 July 2024 but is subject to change.