Key Post What variable rate are you paying on your residential investment property?

Brendan Burgess

Founder
Messages
37,713
I am not interested in trackers, just loans where the lender has the power to vary the rate.

I have documented the SVRs for home loans here.

PTSB 5.99%

ICS new business> 75% 5.45%

Bank of Ireland new business > 75% 5.15%

Bank of Ireland 5%

KBC 4.9%

AIB 3.95% (4.45% from 3 Sept)

NIB 4.35% (Discounts available to current account customers)

EBS 4.33%
 
M

mcivor

Guest
Hi,

PTSB are charging me 5.99% on RIP mortgage. Scandalous. I am managing to pay principal and interest but it can be a struggle. I estimate that this is costing me an extra €350 -€400 per month over and above what I would be paying if I were with e.g. AIB or ESB. Property is in negative equity but I am commited to paying off full loan. Not helped by high interest rate

Rgds,

McIvor
 

Brendan Burgess

Founder
Messages
37,713
Bank of Ireland's rates for new business by to let from 30th July. Source email from Bank of Ireland

|Bank of Ireland|ICS
<50%|4.9%|5.2%
50% - 75%|5.05%|5.35%
>75%|5.15%|5.45%
 
M

mcivor

Guest
Hi,

I received a letter from PTSB today announcing a rate reduction from 5.99% to 5.64% on my residential investment mtge

McIvor
 
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