AIB to cut SVR in September?

[Lightning]

The Sunday Business Post says that AIB will cut their SVR by September. Also, that AIB will bring their SVR down to about 3%.

 

[Brendan Burgess]

If Frank gets going, AIB may well respond before September.

 

[Leaky1]

If they reduce the SVR, are they likely to reduce the LTV rate too?

 

[Brendan Burgess]

Yes, the journalists generally use SVR to mean variable mortgage rates.

Brendan