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All about: Capital home loans

Irish Life and Permanent Plc, which is the biggest lender of loans for residential purposes in Ireland, owns Capital Home Loans. Apart from intermediaries, the company does not sell mortgage to other bodies and lends in both the Buy to Let markets and residential mortgage. Intermediaries organise mortgages for clients through a variety of agents who don’t provide mortgages for themselves.

Buy to Let fixed mortgage

Capital Home Loans have four types of mortgage: Buy to Let fixed, Buy to Let flexible tracker and self-certification. In Buy to Let fixed, your home loans will be set at a fixed price. Once the set time limit is completed, the price will go back to the bank's base rate including a fixed charge. There is an option for an early reimbursement fee during the set rate period. Buy to Let flexible tracker The loan is fixed according to the bank's base rate including a fee for a fixed period. Once the duration of the flexible tracker is completed, your home loan's rates will go back to the bank's base rate with a greater fee. A mortgage product that traces the bank's base rate for the whole period is also available. The limit of the loan depends on the flexible tracker product that you opt for. There is a fee for early reimbursement. Self-certification These capital home loans are offered only for the freelancers. There are options between fixed, discount flexible and flexible self-certification mortgages. With the fixed option, your secured loan rates will be set for an agreed duration. Upon completion, your mortgage will trace the bank's base rate with a fee. With the flexible discount, your loan is fixed according to the bank's base price with a fee for a fixed term. Upon completion of the flexible tracker discount duration, your rate will go back to the bank's base rate with a higher fee. With the flexible term option, your mortgage is fixed according to the bank's base rate with a fee for a period of the mortgage. Depending on which self-certification product that you opt for, you receive the maximum loan. You are required to be freelancing for a year.

Using loan calculators

House loan calculator is a useful tool that helps you to compute loans and house rates. By using a secured loans calculator, you will be able to keep track of the monetary flow that you will be dealing with, as it can be much to handle on its own.

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