The Gazette 1988

RESIDENTIAL * COMMERCIAL Finance available foryou and your clients Attractive rates with longer repayment terms. Irish Nationwide now provide the widest range of lending services of any building society in the country. These include: Home Pu r c h a se The Society will advance up to 90% of the valuation of the house. Maximum term 20 years. Home Imp r ovement

METHODS OF REPAYMENT The Irish Nationwide offers a wide variety of repayment methods which are tailored to suit the needs of every individual applicant. These are: Capital and Interest This is the traditional method of repaying mortgages where the borrower's monthly repayment consists partly of capital and partly of interest. Endowment Mortgages Under this method of repayment the borrower only pays interest to the Society. Payment of the capital sum is catered for by an Endowment Insurance Policy which is scheduled to terminate at the same time as the mortgage. In this way the borrower maximises the tax advantages and may also have the added benefit of a tax free bonus at maturity. Pension Linked Mortgages This facility is aimed at the self employed or those in non-pensionable employment. As with Endowment Mortgages the payment to the Society consists of interest only. Payment of the capital sum is catered for by the tax free cash element of an accumulated pension fund. Unit Linked Mortgages As with Endowment and Pension Linked Mortgages interest only is paid to the Society. The borrower also enters a Unit Linked Savings Contract with an insurance company with the expectation that the accumulated value of this fund will be adequate to repay the capital sum. Irish Nationwide also provide t he most compr ehens i ve r ange of associated i nsu r ance services. These services include Householders Comprehensive Building, Contents and All Risks Insurance Cover, Mortgage Protection Assurance which, in the event of the death of a borrower, ensures that the outstanding mortgage is repaid, Comprehensive TVaders Combined Policies and a unique Repayment Protection Plan, which also caters for the self employed, where monthly repayments can be met in the event of redundancy, accident, illness and hospitalisation. Another attractive facility offered by the Society is that payment of the insurance premium is spread over 12 months. For a better alternative source of finance contact Irish Nationwide today.

The Society provides for new and existing borrowers up to 90% of the current market value of the property including, where applicable, the amount outstanding in relation to any prior Mortgage and any other domestic borrowings. Maximum term 15 years. Residential Inves tment Pr ope r ty The Society will advance up to 70% ofthe value for the purchase of Residential Investment Properties for single or multi-unit lettings. This facility is also available to owners who wish to refinance such properties at more attractive interest rates. Maximum term 15 years. Residential/Commercial Pr ope r ty The Society will advance up to 65% ofthe valuation for the purchase of Commercial Properties (offices, shops etc.) which incorporate some residential accommodation. This facility is also available to current owners who wish to refinance their borrowings at more attractive interest rates. Maximum term 15 years. Commercial Pr ope r ty Where the property is used exclusively for Commercial purposes and has no residential content, then the Society will advance up to 60% of the valuation for the purchase of such properties. This facility will also be available to present owners who wish to refinance their borrowings at more attractive interest rates. Maximum term 15 years. F i nance for Ot her Pu r pos es Where an applicant owns his own property or has an existing Mortgage on it, the Society will advance funds for family education or other domestic or general purposes. The sum advanced can include, where applicable, an additional sum to cover any prior Mortgage on the property concerned. Maximum term 15 years.

IRISH NATIONWIDE BUILDINGSOCIETY 1 Lower O'Connell Street, Dublin l.Telephone 780022.