Buying a bigger house
You have already made that first step onto the property ladder, but now you need a trading up mortgage.Your ready to take that next step and move onto bigger and better things. Maybe you need a larger home for your growing family or just wish to move to a better area. Top Mortgages make it easy.
Trading Up Mortgage Application
Buying your larger house
Mortgage calculator for trading up mortgage
Find out how much trading up your mortgage would cost with a quick quote below using our online mortgage calculator. The form is quick to complete and you get a price within seconds!
Your Mortgage Results
Based on the details provided, you could avail of a mortgage of up to:
Mortgage amount
Monthly repayments
Minimum deposit
Max mortgage allowed
FAQ's for trading up your mortgage
We explain the most common jargon terms used when talking about a trading up mortgage in plain simple to understand language.
The normal maximum borrowing level is 3.5 times your annual gross income based on a single income application.
LTV is short for Loan to Value. This is the amount of money you can borrow based on the asking price of the property.
A trading up home buyer can borrow up to 80% of the value of a property .
AIP is short for Approval in Principle.
Its a non legally binding opinion from our first conversation about your finances to give you an indication of how much you might be able to borrow for a property.
The standard variable rate is the main mortgage rate charged by your lender. It is the long term rate of interest that your mortgage will switch to once your introductory fixed rate period has ended.
A variable rate mortgage means your monthly repayments can go up aswell as down based on European interest rates and your mortgage lender.
Benefits Of using a mortgage broker
Applying for a mortgage designed specifically for moving house is now simpler than ever. In such circumstances, you will need what is called a Trading Up Mortgage. We are here to help take the stress and hassle out of financial arrangements for your Trading Up Mortgage.
Best Interest Rates
on Trading Up Mortgage
Whilst you get on with getting ready to move house, our mortgage advisors will carry out all the hard work by contacting our network of providers to get you the most competitive mortgage rates available on the Irish market based on your personal needs. Moreover, we will go beyond the ‘call of duty’ of simply just getting your application approved.
In the existing lending market, getting provisional approval in place before you start looking elsewhere has never been more vital. This is where our team of highly qualified mortgage brokers come in, as they will take the stress and hassle out of your financial arrangements to find the best deals.
Even if you don’t need to borrow more, our expert advisors will work to find you a mortgage that suits your new circumstances.
Single Contact Point
Legal Paperwork
Specialists
Trading Up Mortgage Guides
Stay informed with our mortgage guides on how to select the best mortgage when your trading up that's right for you and your financial options.
