AIB moves first among Irish banks to raise fixed home rates following ECB hikes..

17-10-22………..

AIB moves first among Irish banks to raise fixed home rates following ECB hikes.

…..and it’s only a matter of time before Bank of Ireland and Permanent TSB follow AIB’s lead and increase rates.

Note : Below are extracts from 2 articles published The Irish Times (14th & 15th October 2022) as referenced below.

Bank of Ireland and Permanent TSB will not be far behind AIB on rates..

It’s only a matter of time before Bank of Ireland and Permanent TSB follow AIB’s lead and increase rates…the rising rates environment will likely further stoke mortgage switching in the market..

Whether you are  looking to switch lender currently, a first time buyer or  moving home, should you have any concerns about the issues raised in this article,  or investing in a buy-to-let property, why not chat to a Seaspray Mortgage adviser today about finding the mortgage that’s right for you:

tel.+353 83 099 0442     or email     john.finnamore@seasprayfs.ie

References
Irish Times (2022) AIB moves first among Irish banks to raise fixed home rates after ECB hikes. October 14th. Available at: https://www.irishtimes.com/business/2022/10/14/aib-moves-first-among-irish-banks-to-hike-home-rates-after-ecb/ . (Accessed 15 October 2022).

Irish Times (2022) Bank of Ireland and Permanent TSB will not be far behind AIB on rates. October 15th. Available at: https://www.irishtimes.com/your-money/2022/10/15/bank-of-ireland-and-permanent-tsb-will-not-be-far-behind-aib-on-rates/  . (Accessed 15 October 2022).

Joe Brennan

EON

Seaspray Financial Services Ltd trading as Seaspray Mortgages is regulated by the Central Bank of Ireland with registered number C165527