Buy To Let Mortgage Ireland

Buy-to-let mortgages in Ireland facilitate property investment by providing financing specifically tailored for purchasing residential properties to rent them out for income. Getting a quote is the first step in your journey! Answer a few questions and wait for one of our Advisors to contact you!

What is a Buy-to-Let Mortgage in Ireland?

A buy-to-let mortgage is designed for those looking to invest in rental properties. With up to 70% financing available, you can start your property investment journey with a buy-to-let mortgage, providing a valuable opportunity to generate passive income and build long-term wealth.

The Process for Getting a Buy-to-Let Mortgage

Initial Consultation and Quote

Enter a few details and one of our award-winning mortgage advisors will contact you to discuss your needs. This consultation is your first step towards understanding your borrowing options and finding the best mortgage deal.

Online Application Portal

After speaking with an advisor, you’ll receive access to our state-of-the-art online application portal. This platform simplifies the mortgage application process by allowing you to upload necessary documents and track your application status in real time.

Documentation Requirements

To apply for a buy-to-let mortgage, you will typically need to provide at least six months of payslips and bank statements. Lenders will also consider your rental income potential, personal credit history, and existing debts when assessing your application..

Deposit and Financing

A minimum deposit of 30% of the property’s value is required for a buy-to-let mortgage. This means for a property priced at €180,000, you would need a deposit of €54,000. The remaining 70% can be financed through the mortgage, depending on your eligibility. 

Approval In Principle (AIP)

Once your application is reviewed and approved, you will receive an Approval In Principle (AIP). This document allows you to make an offer on a property, giving you the confidence to negotiate knowing your financing is in place.

Final Approval and Purchase

After finding the right property, complete the final steps of the mortgage process, which include a property valuation and the formal approval of your mortgage loan. Upon approval, you can proceed with purchasing your investment property.

Benefits of a Buy-to-Let Mortgage in Ireland

  1. Tax Benefits
    Landlords in Ireland can deduct certain expenses from their rental income, such as mortgage interest and maintenance costs. This reduces taxable income, potentially lowering overall tax liability. While mortgage interest relief has been phased out for new mortgages after December 2020, existing buy-to-let mortgages still benefit from this relief, helping to offset borrowing costs and enhance rental yield.
  2. Passive Income and Financial Security
    Buy-to-let properties provide a reliable source of passive income through rental payments. This income can contribute to financial security and wealth accumulation over time, especially in a stable rental market.
  3. Long-Term Investment Growth
    Investment properties have the potential for capital appreciation over time, meaning their value can increase, providing significant returns when you decide to sell. This long-term growth can be an effective strategy for wealth accumulation, especially in a market where property values are rising.
  4. Leverage and Portfolio Expansion
    Buy-to-let mortgages allow investors to leverage borrowed funds to purchase additional properties, potentially expanding their investment portfolio. This leverage can amplify returns as investors use rental income to pay down mortgages and reinvest profits into new opportunities.
  5. Diversification of Investment Portfolio
    Investing in rental properties can be an excellent way to diversify your investment portfolio beyond traditional stocks and bonds. Real estate often has a different risk and return profile, which can help balance an investor’s overall portfolio and provide more stable returns.
  6. Inflation Hedge
    Real estate investments, including buy-to-let properties, can act as a hedge against inflation. Property values and rental income typically increase as inflation rises, which can help preserve purchasing power and maintain a steady income stream.

Start your journey today. Take the first step to achieve all your financial goals.

Meet our Team of Expert Advisors

How to Choose the Right Buy-to-Let Property

Choosing the right property is crucial for maximizing returns on a buy-to-let investment. Here are some factors to consider:

  • Location: Opt for areas with strong rental demand, good transport links, and proximity to amenities like schools, shops, and employment hubs. This increases the likelihood of finding reliable tenants and maintaining consistent rental income.

  • Property Type: Consider the type of property that aligns with your target tenant demographic. For example, apartments might be more suitable for young professionals, while houses with multiple bedrooms could attract families.

  • Rental Yield: Calculate the potential rental yield of the property to ensure it meets your investment goals. This is the annual rental income divided by the property’s purchase price, giving you an idea of the return on your investment.

  • Market Trends: Stay informed about local property market trends and economic factors that could affect property values and rental demand.

  • Property Condition: Factor in any renovation or repair costs that might be necessary to bring the property up to rentable condition, as these can affect your initial investment outlay and ongoing maintenance costs.

A buy-to-let mortgage in Ireland is a powerful tool for building wealth through property investment. By understanding the mortgage process, leveraging available tax benefits, and carefully selecting properties, you can maximize your returns and create a stable, long-term income stream. Whether you are a first-time investor or looking to expand your property portfolio, our expert mortgage advisors are here to guide you through every step of the process, ensuring a smooth and successful investment journey.

Watch our online system in action

Watch how seamless and straight-forward Applying for your mortgage is. In under 10 minutes you can complete your application. All with guided assistance from your very own dedicated Mortgage advisor.

Want to get started with your first mortgage? Need more advice?

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Colin Bailey is very professional in customer handling and he explained the total process in a very smooth and easy way for our understanding. Highly recommend this service.
Response from the owner: Hey Vamsi,We’re delighted to hear about your positive experience with Colin Bailey. It’s great to know he was able to explain everything clearly and guide you through the process with ease. We aim to make the journey as smooth and understandable as possible, so your feedback really means a lot!If you have any further questions or need assistance in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
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Response from the owner: Hey Katie,We’re delighted to hear about your positive experience with Ross Kirwan. It’s great to know he was patient, helpful, and guided you and your husband through the whole process with care. We aim to make things as smooth and clear as possible, so your feedback means a lot!If you have any further questions or need assistance in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
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I would like to thank Ross kirwan for helping me sort out the right life insurance policy for myself and my wifeHe was patient and kept in touch with us throughout the whole process
Response from the owner: Hey William,We’re delighted to hear about your positive experience with Ross. It’s great to know he was patient and supportive in helping you and your wife find the right life insurance policy. We aim to make the process as smooth and understandable as possible, so your feedback means a lot to us!If you have any further questions or need assistance in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
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Sinead Egan (Sinead E.
Had a really positive experience dealing with Niamh for my life insurance policy over the last few weeks.She was extremely professional, informative, prompt and efficient and is a wonderful asset to low quotes!Thanks Niamh for answering my never ending questions with ease and helping me understand everything in full!I will definitely be recommending her to others!
Response from the owner: Hey Sinead,We’re delighted to hear about your positive experience with Niamh. It’s great to know she was professional, informative, and made the process so clear and easy for you. We truly appreciate your kind words and recommendation — it means a lot!If you have any further questions or need assistance in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
Harshini P.
Harshini P.
We’d like to extend our sincere thanks to Ross for his outstanding support in helping us get sorted with our Mortgage Protection. His persistence in following up with multiple insurance providers and dedication to finding us a product that fits our needs is truly appreciated. His proactive communication and commitment to delivering a smooth experience made the entire process hassle-free. Thank you once again for your excellent service
Response from the owner: Hey Harshini,We’re delighted to hear about your positive experience with Ross. It’s great to know he was proactive, persistent, and made the process of setting up your Mortgage Protection smooth and hassle-free. We really appreciate your kind words and are glad we could assist you in finding the right cover.If you have any further questions or need support down the line, don’t hesitate to reach out.Best Regards,LowQuotes Team
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I contacted for a quote for life cover as I now have a son. Neil called me today and was so lovely. Very professional and sufficient. The price was low and in my budget! It doesn't have to cost a fortune to cover yourself. I now have peace of mind for my baby if anything did happen. Neil is an asset to your company.Kind regards,Jade
Response from the owner: Hey Jade,We’re delighted to hear about your positive experience with Neil. It’s great to know he provided such professional and friendly support while helping you secure affordable life cover. Your peace of mind is exactly what we aim for, especially when protecting what matters most.Thanks so much for your kind words — we’ll be sure to pass them on to Neil!Best Regards,LowQuotes Team
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I had a great experience with LowQuotes.ie. Aoife was incredibly helpful throughout the entire process — she took the time to explain everything clearly, answered all my questions patiently, and helped me find the best quote that suited my needs. Her professionalism and friendly approach made the whole process smooth and stress-free. Highly recommend both LowQuotes.ie and Aoife for anyone looking for great service and value.
Response from the owner: Hey Pramod,We’re delighted to hear about your positive experience with Aoife. It’s great to know she was able to explain everything clearly, answer all your questions, and help you find the best quote to suit your needs. We always aim to make the process as smooth and stress-free as possible, so your kind words mean a lot!If you have any further questions or need assistance in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
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Christina K.
Had the absolute pleasure of dealing with Seamus who was not only an absolute gentleman but extremely helpful. Mortgage protection had been the most stressful part of the process so far from brokers who were no help or just didnt want to help but Seamus turned it into a breeze. He had cover for us within 6 hours, explained everything in detail and went out of his way to make it as easy as possible. I honestly cannot thank him enough. If only every broker was as this helpful and understanding.
Response from the owner: Hey Christina,We’re delighted to hear about your positive experience with Seamus. It’s great to know he was able to explain everything clearly and turn what had been a stressful process into something smooth and easy. We aim to make things as straightforward and supportive as possible, so your feedback really means a lot to us!If you have any further questions or need assistance in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team.
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Colin was really amazing to talk to, he really helped me navigate through everything.He is really good at what he does.
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Craig was just fantastic to deal with. I honestly couldn’t recommend him enough. He made the whole process easier than any other company we had gotten a quote from. Everything was explained so well and he had all the answers to our questions. His professionalism and knowledge is the best I’ve come across. It was by far the smoothest part of our mortgage journey so far dealing with Craig!
Response from the owner: Hey Tiernan,We’re delighted to hear about your positive experience with Craig. It’s great to know he was able to explain everything clearly and make the process easier than with any other company. We aim to make things as smooth and understandable as possible, so your feedback means a lot to us!If you have any further questions or need assistance in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team.
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5* service from Conor! He rang me up initially about a year ago when I did a quote online, I was looking purely out of curiosity as we had just started our 1st home journey. I told him we were not ready yet but would keep him in mind. He followed up conveniently just as we had found a house. He went through all the quotes and every detail so thoroughly, I knew what I was getting into. He set up policies for my partner and I and made it so simple and he was always there at the other end of the phone or email if we had questions. I highly recommend asking for him if you go with lowquotes. Thanks again Conor!
Response from the owner: Hey Holly,We’re delighted to hear about your positive experience with Conor. It’s great to know he was able to explain everything clearly and support you throughout your journey—from the initial quote to setting up your policies when the time was right.We aim to make the process as smooth and understandable as possible, so your feedback means a lot to us! If you have any further questions or need assistance in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
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⭐ Testimonial for Séamus and Courtney at Low QuotesWe genuinely cannot put into words how grateful we are to Séamus and Courtney at Low Quotes for everything they have done for us. Securing mortgage protection was by far the most difficult and emotionally exhausting part of our home buying journey, and after being let down by multiple brokers who either gave up on us or offered no real guidance, we had almost lost hope.Séamus and Courtney were the only two people who not only took the time to understand our situation, but who gave us real support, reassurance, and above all solutions! From the very beginning, they were compassionate, responsive, and entirely committed to helping us overcome the challenges we faced due to a complex medical issue. Where others simply said “no,” they said, “let’s find a way.”They gave us their personal phone numbers, kept us updated daily, and guided us through every step of the process from gathering medical documentation, to structuring our application, to understanding exactly how underwriting would work. They were open, honest, and incredibly knowledgeable. But more than that, they treated us like people, not just a case.We can say without hesitation that we would not have secured mortgage protection and therefore our home without their help. Thanks to Séamus and Courtney’s dedication and industry insight, we are now moving into our forever home. This was not just exceptional service this was the best customer experience we’ve ever had, in any industry.We will never forget what they did for us, and we will be recommending Low Quotes to absolutely everyone we know.From the bottom of our hearts — thank you Séamus and Courtney. You’ve changed our lives.Jennifer & Mark
Response from the owner: Hey Jennifer & Mark,Thank you so much for your heartfelt review. We’re truly moved by your kind words and so glad that Séamus and Courtney were able to support you through such an important and emotional part of your home-buying journey.It’s incredible to hear how their dedication, compassion, and persistence made a real difference. At LowQuotes, we believe every client deserves to be treated with care and understanding, and your story is a powerful reminder of why we do what we do.We’re absolutely delighted that you’re now moving into your forever home — what an amazing milestone! Séamus and Courtney will be so proud to know they helped make that possible.Wishing you all the best in this exciting new chapter, and thank you again for trusting us and sharing your experience. If you ever need anything in the future, we’re always here.Best regards,LowQuotes Team
Luboslava S.
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Niamh was really helpful and patient with all our questions and issues during our journey. Thank you
Response from the owner: Hey Luboslava,We’re delighted to hear about your positive experience with Niamh. It’s great to know she was so helpful and patient throughout your journey. We always aim to provide clear, supportive guidance, so your feedback truly means a lot!If you have any further questions or need assistance in the future, don’t hesitate to reach out.Best regards,LowQuotes Team
Joachim F.
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Exceptional service, Colin and Courtney went above and beyond to get my policy sorted, it was a tough task but they stayed the course and got it sorted. Genuinely cannot recommend them enough.
Response from the owner: Hey Joachim,We’re delighted to hear about your positive experience with our team. It’s great to know they went above and beyond to get your policy sorted, even with the challenges involved. We always aim to make the process as smooth and stress-free as possible, so your feedback really means a lot to us!If you have any further questions or need assistance in the future, don’t hesitate to reach out.Best regards,LowQuotes Team
kul G.
kul G.
Very professional and extremely helpful while explaining all the importance and benefits of mortgage protection insurance.Aoife Morgan helped me get the best quote for my mortgage protection insurance and she is very willing to help at all times by email or phone.
Response from the owner: Hey Kul,We’re delighted to hear about your positive experience with Aoife Morgan. It’s great to know she was able to clearly explain the importance and benefits of mortgage protection insurance and help you secure the best quote. We’re especially glad to hear she was so responsive and supportive throughout the process.If you have any further questions or need assistance in the future, don’t hesitate to reach out.Best regards,LowQuotes Team
Jikku bijy M.
Jikku bijy M.
Great experience with Ross throughout the process.
Response from the owner: Hey Jikku,We’re delighted to hear about your positive experience with Ross. It’s great to know he was able to support you throughout the process and make everything run smoothly. Your feedback is very much appreciated!If you have any further questions or need assistance in the future, don’t hesitate to reach out.Best regards,LowQuotes Team
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Your Questions Answered

The most common maximum borrowing amount is 3.5x your annual gross salary (Some exceptions may apply). This is based on a single income application. If it is a dual application it is 3.5x both annual salaries combined.

Before you apply for your Mortgage, you are required to have 10% of the loan value of the property.

For example, If you require a Mortgage of €200,000 – You would require a deposit of €20,000.

With a fixed rate mortgage, your interest rate and monthly repayments are fixed for a set time as agreed between you and the lender.

This is a percentage figure which represents the difference between your mortgage loan and the value of your property. For example if your mortgage is €100,000 on a property valued at €200,000, your LTV rate would be 50%.

LTI is your Loan to Income rate, generally you are allowed to borrow 3.5x your annual income before tax. Some exceptions may apply.

Variable rates allow you to increase your re-payments, you can also use a lump sum to pay off all or part of your mortgage, or re-mortgage without having to pay any fixed rate breaking fees. However, variable rates can rise and fall meaning your mortgage repayments can go up or down during your Mortgage term.

This is the amount you owe excluding costs and interest. This is also known as the “Principal” of your loan.

This is when you are given an indication of approval from our first discussion with you, without having to see any documentation. This is not guaranteed approval.

The date the mortgage must be repaid in full, or by which a new agreement needs to be taken out.

Warning: You may lose your home if you do not keep your repayments.

Warning: The cost of your monthly repayments may increase. 

Warning: You may have to pay charges if you pay off a fixed-rate loan early.

Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, limiting your ability to access credit in the future. 

Warning: The entire amount you have borrowed will still be outstanding at the end of the interest-only period. The lender may adjust the payment rates on this housing loan from time to time. (Applies to variable-rate loans only).

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Coronavirus Covid 19 Information

We would like to assure our customers that although this Worldwide Pandemic has struck our Nation hard, we are still here for our new and existing customers. All phone calls and emails will be dealt with accordingly.

In the unfortunate circumstance that a customer contracts COVID-19 and dies, our life policies would pay out in line with our usual claims philosophy.

All Consultations will be held by Phone or Online via Computer/Smart Device to remove face-to-face interactions and keeping in line with social distancing guidelines recommended by the Government.

We at Lowquotes.ie hope you, your family and your loved ones stay safe & healthy in this time.