Discount and cashback offer
BANK OF IRELAND is launching a one-year discount of 5 per cent, giving a payment rate of 2.6 per cent for 12 months and a maximum benefit of pounds 10,500 for a pounds 210,000 loan. The two-year 2.5 per cent discount gives a payment rate of 5.1 per cent.
The bank also has a 3.5 per cent cashback worth a maximum pounds 7,350 on the variable rate of 7.6 per cent. Fidelity, the unit trust manager, is promoting a PEP mortgage using loans from Bank of Ireland.
Halifax Building Society has scrapped discount loans and introduced a range of cashbacks ranging from 2 to 3.75 per cent.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies