Avant Money have announced the first mortgage rate cut in the market for 12 months offering hope of lower repayments for both switchers and buyers
With almost half a million mortgage holders exposed to variable rate rises in the next 2 years, the cuts allow people to fix from 3.95% for 7 years and up, capping their repayments.
It’s expected that AIB, PTSB and BoI will increase variable interest rates significantly over the next 12 months and by switching to Avant mortgage holders will now be able to avoid theses hikes.
In a further bonus for anyone switching more than €200,000 Avant are offering to pay their solicitors fees up to a maximum of €1,500.
All in all the move by Avant is great news for anyone on a variable, tracker or on a fixed rate of less than 2 years as they now have the option of locking down their repayments by switching to Avant.
ou can check out all the rates in the market compared side by side or book a Free advice call on moneysherpa.ie
24 май 2023