Never too late to shop around. Mortgage applications can be processed quite quickly, and once you have the documentation gathered it should be easy enough to get alternative options. There are 1Yr fixed rate offers at 3.5% elsewhere and after the initial fixed period you will revert to SVR iwhich BOI offer at 4.5%, which is amongst higher rates in market. It is always important to get advice so don't enter into final decision unltil you have looked around. There are 6 main mortgage prividers and depending on your employment status, disposable income, and credit history, they will all be delighted to get new customers.