I Want to Keep My Tracker Interest Rate


Looking for a new home but want to keep your tracker rate mortgage. At Haven we may have a solution for you. Remember every application is different, your Haven retail intermediary will take you through the application process and will alleviate any concerns you may have.


To help our customers to get started take a look at the typical types of documentation that we will require. Haven may seek additional information in order to fully assess your application for a credit decision please consult with your chosen Haven retail intermediary.


Haven has a nationwide network of intermediaries across the country. To begin your application today just find your Haven retail intermediary by clicking here link to intermediary page


For more information about retaining your tracker rate and getting a new home please see below and read our Tracker Interest brochure here.

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Tracker Retention

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    How much can I borrow?

    • Following the Central Bank rules & guidelines the amount that you can borrow will be based on your income, your house price, and your affordability.

    • For a Next Time Buyers you are able to borrow a maximum of 80% of the value of the property (this percentage is known as the LTV, or Loan to Value of your home). The other 20% difference would be your deposit which you may have from savings or equity from the sale from your previous property.

    • Up to 80% loan to value is available for a studio apartment valued at €275,000 or above, or a one bedroom property. We do not lend for the purchase of studio apartments valued at under €275,000.


    The amount you can borrow depends on what you can comfortably afford to repay monthly, this typically should not exceed 35% of your disposable income. The general rule of thumb, you can borrow 3.5 times your income but it really depends on your overall financial commitments.

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    Interest Rates

    • It is possible to retain your tracker rate while also purchasing a new family home. For more information please consult with your chosen retail intermediary as new terms & conditions will apply.

    • Haven offers competitive interest rates from variable and fixed rate options. For additional advice on your interest options you should speak to your chosen Haven retail intermediary and they will guide you through all your available options.

    • For customers who are unsure of what type of rate to select, Haven can provide the option of splitting the loan amount in two, so you can avail of both the variable interest rate on a portion of the loan and a fixed interest rate on the remaining portion of the loan.

    • If you decide to avail of a fixed interest rate this will remain the same during the agreed fixed rate period, while a variable rate can fluctuate. You can see a full listing of our current rates by clicking here

    • One thing to keep in mind, if you decide to avail of a fixed rate and later during the fixed term agreement you decide to switch your rate to a variable rate, a breakage cost may apply. For more information with regard to our rate offerings you should consult with your chosen Haven intermediary

    • The interest rate of your Tracker Retention portion of your new loan will be your existing Tracker interest rate plus an additional margin of 1%

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    Additional Information

    • Repayment term can be up to 35 years, subject to the age of borrowers

    • You will need to be over 18 and security will be required before you can obtain a mortgage

    • If your loan application has been successful you will be required to take out Mortgage Protection Cover & Home Insurance cover. These are not products that Haven offers directly but your chosen Haven retail intermediary will be able to support you through all the necessary requirements.

    • As your application progresses you will need to keep in mind costs that will arise from Valuation fees (you will need to use a valuer from the Haven Residential Mortgage Valuers panel), Legal fees, maybe a Surveyor and Stamp Duty fees. Also remember possible repairs and decoration costs on your new home.

    • Additional information relating to switching lender or changing mortgage type can be found on the www.ccpc.ie website.

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Warning: The new loan may take longer to pay off than your previous loans. This means you may pay more than if you paid over a shorter term.

Warning: If you do not meet the repayments on your loan, your account will go into arrears, this may effect your credit rating, which may limit your ability to access credit in the future.

Warning: If you do not keep up your repayments you may lose your home.

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

Warning: The cost of your monthly repayments may increase.

Warning: If you switch to an alternative interest rate, you will not be contractually entitled to go back onto a tracker interest rate in the future.