Public Sector Mortgages

Special mortgage rates and enhanced lending for public sector workers including teachers, nurses, gardaí, and civil servants. We will help you maximize your borrowing capacity.

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Key Considerations

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Only one applicant needs to be a public sector worker

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Income considered one or two points up pay scale

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Available for first-time and second-time buyers

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Competitive interest rates from leading lenders

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100% of regular overtime and allowances considered

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Probationary period employees can be considered

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Suitable for those switching lenders

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Equity release options available

Frequently Asked Questions

Public sector mortgages are available to teachers, nurses, gardaí, civil servants, HSE staff, local authority workers, and other public sector employees. Only one applicant needs to be a public sector worker to qualify for these enhanced terms.

As a public sector worker, your basic income will be considered to be one or two points up your current pay scale. Additionally, 100% of regular overtime and contractual allowances are accepted, provided they are confirmed by your employer.

Yes! Employees who are promoted within the Civil Service on a one-year probationary period will be considered. New entrants to the Civil/Public service who are subject to any probationary period can also be considered for public sector mortgage terms.

Benefits include enhanced income assessment, competitive interest rates, 100% consideration of overtime and allowances, flexible repayment options including mortgage breaks, and recognition of the stability of public sector employment.

Absolutely! Public sector mortgages are designed for first-time buyers, second-time buyers, and those switching from another lender. You can also potentially release equity in your home when switching.

The deposit requirement varies depending on whether you're a first-time buyer or a second and subsequent buyer. Typically, a minimum deposit of 10% is required, though this can vary by lender. Your mortgage advisor can help determine the exact requirement for your situation.