With over 160 years of experience serving the Irish market, ICS Mortgages is particularly recognised for its flexible and competitive mortgage offerings. For homebuyers and property investors in Dublin and across Ireland, ICS presents a compelling choice with innovative mortgage products designed to support a wide variety of financial goals.
Looking to secure an ICS Mortgage in Ireland? Find the ICS mortgage product that best suits your personal circumstances by contacting JC Mortgage Brokers for a free consultation and expert mortgage advice. Make contact today on 01-8102032 or email info@jcmortgages.ie.
In this content, you will become informed about ICS Mortgages:
ICS Mortgage Products
ICS Mortgages offers a comprehensive range of mortgage solutions tailored to meet the diverse needs of Irish borrowers. Their Owner-Occupier Home Loans provide fixed and variable rate mortgages for first-time buyers, movers, and switchers featuring flexible terms, generous overpayment options, and the ability to take mortgage breaks. For property investors, ICS’s Buy-to-Let Mortgages cater to individuals, companies, and pension investors with flexible interest-only and capital repayment terms, supporting a variety of investment strategies. Additionally, ICS provides Bridging Loans designed for homeowners and investors seeking short-term finance to facilitate property transactions such as trade-downs, auction purchases, and renovations, with fast approval and flexible terms.
- Owner-Occupier Home Loans
- Buy-to-Let Mortgages (for individuals, companies, and pension investors)
- Bridging Loans for homeowners and investors
Owner-Occupier Mortgages
ICS Owner-Occupier Mortgage offers competitive fixed and variable rate mortgages for first-time buyers, second/subsequent buyers and switchers. These loans facilitate the purchase of a principal dwelling house within the Republic of Ireland, with competitive rates and flexible terms. ICS Mortgages also provides an overpayment facility, allowing borrowers to pay an additional 20% off their loan amount annually without penalty, which can significantly reduce the mortgage term and total interest paid. Additionally, they offer mortgage breaks, providing a three-month payment break up to three times throughout the mortgage term, offering flexibility during life events.
Key Features:
- Up to 90% Loan-to-Value (LTV) for first-time buyers, second / subsequent buyers, and switchers
- Loan amounts: €100,000 to €1.5 million (max 75% LTV for loans > €1 million)
- Loan terms: 5 to 35 years
- Rates from 4.25%
- Minimum age: 18; Maximum age on maturity: 80
- Flexible repayment options, including mortgage breaks (3 months, up to 3 times during the term for life events)
Suitable for:
Home buyers who are looking for flexible terms, competitive rates, and additional support such as payment breaks.
Buy to Let Mortgages
ICS Buy-to-Let Mortgage offers a flexible and tax-efficient mortgage designed specifically for both new and experienced property investors across Dublin and Ireland. With options including up to 15 years interest-only, capital and interest repayment terms up to 35 years, and a unique flexi-mortgage allowing a combination of interest-only and capital repayments, ICS provides tailored solutions to suit diverse investment strategies. Loan-to-value ratios reach up to 70% for loans up to €1 million, with competitive rates and lending available to individuals, companies, and pension schemes.
Key Features for Individual Investors:
- Up to 70% LTV (loans up to €1 million); up to 65% LTV (€1 to 1.25 million)
- Minimum loan: €80,000; Maximum: €1.25 million
- Terms: 5k to 35 years
- Interest-only option up to 15 years; capital & interest up to 35 years
- Minimum property value: €115,000 (no maximum)
- Minimum applicant age: 21; Maximum on maturity: 75
- Minimum annual income: €40,000 (single / joint)
- Up to 4 applicants per mortgage
- Borrowing limits: up to €4 million at 70% LTV, €4 to €7 million at 60% LTV
Key Features for Company Investors:
- Similar terms as individual investors
- Company must be registered in Ireland, with at least one Irish-resident director earning €40,000+
- Same LTV and loan size limits
Pension (Unit Trust) Buy-to-Let:
- Up to 50% LTV
- Terms: 5 to 15 years
- Loan size: €80,000 to €500,000
- Minimum property value: €160,000
- Non-recourse lending
Suitable for:
Property investors seeking flexible, tax-efficient mortgage solutions, including interest-only options and high-value lending.
Bridging Loans
ICS Bridging Loan Mortgage, reintroduced to the Irish market with the new Housing Bridge Loan product, offering a fast and flexible short-term financing solution for homebuyers and property investors. Designed to bridge the gap between buying a new property and selling an existing one, these loans provide terms of up to 18 months with competitive rates and no penalties for early repayment. Ideal for trade-downs, auction purchases, and buy-to-let renovations, ICS’s bridging finance helps ease bottlenecks in the second-hand housing market, making property transactions smoother and more accessible across Dublin and Ireland. Borrowers can access up to 70% loan-to-value, with loan sizes ranging from €100,000 to €1.5 million, supported by tailored terms to suit individual and company needs alike. More on Bridging Loans.
Key Features:
- 12-month term (accumulated interest) or 18-month term (interest-only)
- Up to 70% LTV
- Loan size: €100,000 to €1.5 million
- Variable rate: 1% per month (12% per annum)
- Arrangement fee: 2% of loan amount; Exit fee: 1% of loan amount
- No penalties for early repayment
Summary Table: ICS Mortgages Product Types
| Mortgage Type | Target Customer Segments | Key Features & Benefits | Interest Rate Options | Considerations / Eligibility |
| Owner – Occupier Mortgages |
First-Time Buyers, Home Movers, Switchers | – Flexible Repayment Options: Overpay up to 20% of your mortgage in any year without penalty.
– Mortgage Breaks: Up to 3-month payment breaks, up to 3 times over the loan term for life events (e.g., birth of child, medical expenses). – Loan Terms: Typically 5 to 35 years. |
Variable, 3-year fixed, 5-year fixed | – LTV: Up to 90% for First-Time Buyers; up to 90% for Movers / Switchers.
– Minimum loan size typically €100,000. – Maximum loan size €1.5M (max 75% LTV for loans > €1M). |
| Public Sector Mortgages (Owner – Occupier) | Employees in the Public Sector (e.g., Civil Service, HSE, An Garda Síochána, Teachers, etc.) | – Specialised Lending Criteria: Consideration of basic pay as three points up the salary scale.
– Overtime & Allowances Accepted: Up to 100% of regular overtime and contractual allowances can be factored into assessment if confirmed by the employer. – All Owner-Occupier benefits (flexible repayments, mortgage breaks). |
Variable, 3-year fixed, 5-year fixed | – Only one applicant needs to be a public sector employee to qualify.
– Suitable for First-Time Buyers, Home Movers, and Switchers. – Consideration for employees promoted on one-year probationary period. |
| Buy-to-Let (BTL) Mortgages | Individual Property Investors, Companies (SPVs), Pension (Unit Trusts) | – Flexible & Tax-Efficient: Designed for new and existing property investors.
– Interest-Only Options: Available for 5 to 15 years, with the remaining term on Capital & Interest (up to 35 years). – Capital & Repayment Option: Standard loans available for up to 35 years. – Flexi-Mortgage Option. |
Variable, Specific fixed-rate terms may vary | – LTV: Up to 70% (for loans up to €1M), up to 65% (for loans from €1M to €1.25M).
– Minimum loan size €80,000. – Loans up to €7M (with varying LTV tiers). – Properties must be in the Republic of Ireland and not used as Principal Private Residence. – Minimum annual income €40,000 (per single/joint application). |
| Bridging Loans (Limited Scope, often for specific scenarios) | Individuals & Companies via SPV structure (e.g., trade-downs, Buy to Let, renovations, / auction purchases) | – Short-term finance to bridge the gap between buying a new property and selling an existing one or for specific investment / renovation purposes.
– Up to 70% LTV. |
Specific short-term rates, often higher | – For trade-downs, buy-to-let renovations, buy-to-let auction purchases.
– Strict repayment timelines and conditions apply. – Typically subject to higher fees and interest rates due to the short-term and often higher-risk nature. |
Important Note:
ICS Mortgage Rates: While the table mentions available rate types (Variable, Fixed), specific interest rates can change frequently. Always check the latest rates directly by contacting JC Mortgage Brokers today!
About ICS | Dilosk
- ICS Mortgages is a trading name of Dilosk DAC, an Irish-owned and regulated residential mortgage provider headquartered in Dublin.
- The ICS brand, established in 1864, has a 160-year history in the Irish mortgage market.
- Dilosk acquired ICS from Bank of Ireland in 2014 and has since expanded into both owner-occupier and buy-to-let lending.
- Dilosk manages is recognised for innovation and service excellence, with multiple industry awards including “Lender of the Year” and “Best Mortgage for Public Sector Employees”.
Why Choose ICS Mortgages?
- Wide range of mortgage products for both home buyers and investors
- Flexible terms, competitive rates, and payment break options
- Specialist support for public sector employees and property investors
- Trusted brand with 160 years of history and strong regulatory oversight
Important Note:
Eligibility & Criteria: All products are subject to Dilosk DAC’s (ICS Mortgages’) lending criteria, terms, and conditions, which include factors like income, credit history, property valuation, and loan-to-value (LTV) ratios.
Why Choose JC Mortgages as your ICS Mortgage Broker?
JC Mortgages offers expert guidance and a seamless experience for anyone considering an ICS mortgage. With over 20 years of industry experience, John Coleman and his team are highly regarded for their deep knowledge of ICS products, responsive communication, and genuine customer care.
Ready to make your mortgage journey effortless? Contact JC Mortgage Brokers today at 01-8102032 or email info@jcmortgages.ie for a free consultation and expert mortgage advice.
You may also be interested in: