Whilst all other lenders are dropping mortgage rates (well those under the Irish Government Guarantee) – one lender in Ireland has just put rates up. Even though we have just had another ECB rate drop to 1% – Halifax has increased rates on all it’s variable and fixed rate mortgages for new borrowers by around 0.8% .
They did get some bad media coverage in the UK because after being given millions of UK taxpayers money they were giving lower rates on mortgages in Ireland than back in the UK. This must be a factor in the recent increases.
Halifax have been one of the lenders with the lowest mortgage rates in Ireland – but not any more. See our Mortgage Best Buys Here. (More drops expected soon by some lenders)
