Mortgage lender ICS to hike mortgage rates by one full percentage point
ICS Mortgages has become the first mortgage lender to respond to the European Central Bank interest rate increase on Thursday by raising prices on its loans.
The non-bank lender, which is the owner-occupier brand of the financial services firm Dilosk, is raising its rates by 1pc across fixed and variable homeloans[...]
The rate changes will be applicable to all variable rate and new fixed rate applications from the 1st of December 2022. Changes will not impact existing customers currently on a fixed rate product.