As expected – HBOS who operate Halifax Ireland and Bank of Scotland Ireland – have stopped offering tracker mortgages from today. New customers can either choose the variable rate currently 5.25% – or one of the fixed rates. All the main lenders in Ireland have now stopped offering tracker mortgages to new customers. Only Leeds Building Society is offering a pretty unattractive tracker of ECB plus 2.2% .
Will we ever see tracker mortgages in Ireland again – probably not. Anyone who did manage to get one at below ECB plus 0.8% will be glad they did at the moment.
