Haven cuts four-year ‘green mortgage’ rate to 2%

[Paul F]

AIB’s Haven unit cuts four-year ‘green mortgage’ rate to 2%

Company also cuts three-year standard fixed-rate mortgage

www.irishtimes.com

This is lower than AIB's green rate (2.1% or 2.15%, depending on the LTV). Interesting considering that Haven is an arm of AIB and they are both offering the same cashback – €2,000 – to switchers.

 

[Tickle]

AIB subsidiary Haven has cut its four-year fixed “green mortgage” rate to 2 per cent, and dropped its standard three-year fixed rate by 0.15 per cent.

Full article in the Irish times: https://www.irishtimes.com/business...-four-year-green-mortgage-rate-to-2-1.4796742

Fixed Rates - New & Existing Business Homeloan - Effective 8th February 2022
Term	Rate	APRC	20 Years	25 Years	30 Years	35 Years
1 Year	3.15%	3.20%	5.62	4.82	4.30	3.93
2 Year	3.15%	3.20%	5.62	4.82	4.30	3.93
3 Year	2.35%	3.00%	5.23	4.41	3.87	3.50
Haven Green 4 Year Fixed Rate Mortgage	2.00%	2.80%	5.06	4.24	3.70	3.31
5 Year	2.55%	3.00%	5.32	4.51	3.98	3.60
7 Year	2.65%	2.90%	5.37	4.56	4.03	3.66
10 Year	2.85%	3.10%	5.47	4.66	4.14	3.77

 

[Interest%]

AIB subsidiary Haven has cut its four-year fixed “green mortgage” rate to 2 per cent, and dropped its standard three-year fixed rate by 0.15 per cent.

Full article in the Irish times: https://www.irishtimes.com/business...-four-year-green-mortgage-rate-to-2-1.4796742

Fixed Rates - New & Existing Business Homeloan - Effective 8th February 2022
Term	Rate	APRC	20 Years	25 Years	30 Years	35 Years
1 Year	3.15%	3.20%	5.62	4.82	4.30	3.93
2 Year	3.15%	3.20%	5.62	4.82	4.30	3.93
3 Year	2.35%	3.00%	5.23	4.41	3.87	3.50
Haven Green 4 Year Fixed Rate Mortgage	2.00%	2.80%	5.06	4.24	3.70	3.31
5 Year	2.55%	3.00%	5.32	4.51	3.98	3.60
7 Year	2.65%	2.90%	5.37	4.56	4.03	3.66
10 Year	2.85%	3.10%	5.47	4.66	4.14	3.77

I'm 90% of the way there with switching to AIBs green rate of 2.15% and now they throw this spanner in the works I'M not able

 

[PebbleBeach2020]

I'm 90% of the way there with switching to AIBs green rate of 2.15% and now they throw this spanner in the works I'M not able

Complete the switch. And then look at switching to haven.

 

[Paul F]

Complete the switch. And then look at switching to haven.

But another lender usually won't take you unless you've been with your current lender for at least a year.

 

[Interest%]

Are Havens new rates available to Existing Customers.
And also when your fixed rate ends will you be able to get the green rate again as an existing customer?

 

[Tickle]

Are Havens new rates available to Existing Customers.

Yes, as per the heading in the table, Fixed Rates - New & Existing Business Homeloan - Effective 8th February 2022.

 

[PebbleBeach2020]

But another lender usually won't take you unless you've been with your current lender for at least a year.

In my experience, banks often don't apply these minimum time periods. Have a chat with a bank and see what they say. If moving from AIB to Haven, it's the same group of so they may be happy to keep you as opposed to say moving to Avant

 

[Interest%]

Yes, as per the heading in the table, Fixed Rates - New & Existing Business Homeloan - Effective 8th February 2022.

Should they (Haven) go on the Best Buys Table Then? @Brendan Burgess

 

[Interest%]

Should they (Haven) go on the Best Buys Table Then? @Brendan Burgess

Yes/No