Taking right out a home loan. Help -to- Buy motivation

Taking right out a home loan. Help -to- Buy motivation

Information regarding the offer

The lender must provide you with a European Standardised Information Sheet (ESIS), setting out the details of the mortgage offer under the European Union (Consumer Mortgage Credit Agreements) Regulations, which transposed the Mortgage Credit Directive into Irish law. The Regulations specify the detail by detail information that the ESIS must contain, which include:

  • Just how long the offer shall be valid for
  • Contact details regarding the lender or their agent
  • Principal options that come with the loan, including prospective dangers
  • Type and timeframe of credit
  • Complete information on borrowing rate(s) so when and exactly how they may be revised, if relevant
  • Total quantity which you shall spend throughout the time of the mortgage

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