You may also wish to obtain finance in order to buy and/or complete a residential property for letting purposes.
Through the BOV Buy-to-Let Loan:
- you may borrow up to €580,000;
- The maximum amount of the loan must not exceed the equivalent of 75% of the purchase price or professional valuation of the property, whichever is the lowest;
- The monthly repayments must not exceed 35% of your existing disposible income;
- A portion of the anticipated rental income could also be included;
Maximum term of loan up to 25 years from first drawdown.