KBC announces reduction of interest rates on fixed rate mortgages

8/13/14

The new fixed rates come into effect from 11th August making KBC one of the most competitive providers for fixed rate mortgage customers in Ireland today.

KBC Bank Ireland has today announced a cut in the interest rates on its fixed rate mortgages for new business Owner Occupiers. The new fixed rates come into effect from 11th August making KBC one of the most competitive providers for fixed rate mortgage customers in Ireland today. The majority of these new fixed rates will be market-leading, meaning greater value, choice and competition for customers shopping around for a better mortgage offer.

The new fixed rates include:
 


The announcement follows good news for customers planning to open or switch to a KBC current account with the introduction of a new Mortgage offer later this month. Customers who open a KBC current account will be able to avail of a further 0.2% discount on KBC’s competitive new business variable and fixed mortgage rates, which could be worth €322* average per year on a typical mortgage.

Today’s decrease in interest rates on fixed mortgages and forthcoming mortgage offer for new KBC current account customers underscores KBC’s appeal to customers who are looking to buy their first or subsequent home, or those looking for better value from their bank.

Customers considering a mortgage can find out more by contacting us on 1800 51 52 53, visiting KBC.ie or alternatively, by calling into one of KBC’s hubs in Dublin, Cork, Limerick or Galway or by contacting your Financial Advisor.

To visit the Mortgages section of KBC.ie, click here

*Mortgage savings of an average of €322 per year of the mortgage are based on a €250,000 mortgage over a 20 year period at the KBC New Business 80-90% LTV Variable rate of 4.47% (APR 4.56%).