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KBC Current Mortgage Offers

KBC  is offering attractive mortgage deals for customers who are looking to buy their first home, subsequent home, or those simply looking to switch for better value.

  • Rates from as low as 3.30% fixed and 3.25% variable when you open a KBC current account.
  • 50% off KBC Home Insurance for 1 year for new residential mortgages that draw down up to 31st December 2015.
  • Clients who wish to switch to KBC before 31st December 2015 get €2,000 towards legal fees.

Terms and conditions apply.

Contact us to discuss on 01-5052718.

 

 

Haven lead the way for mortgage rate reductions

As previously mentioned, Haven announced reductions to their range of fixed and variable mortgage rates.

They are now market leaders with their 2,3,4 and 5 year fixed rates. These discounts are  available to both new and existing customers.

Reductions vary between 0.10% and 0.20%. For example, a 2 year fixed rate that was 3.80% now stands at 3.60%- giving a generous 0.20% back to customers.

With effect from 1st June 2015 their standard variable rate will be reduced by 0.38%- dropping it from 4.35% to 3.97%.

Should you require any further information please get in touch with our brokerage team on 01-5052718 or email us at info@coonanmortgage.com

Mass mortgage switching would ‘terrorise’ banks

A plan to get thousands of people to switch their mortgages to another lender is set to “terrorise” banks and force them to cut their rates.

The Irish Mortgage Holders Organisation (IMHO) will do the switching for people who are being overcharged for their variable rates, in a move that would overcome consumer inertia according to experts.

Finance Minister Michael Noonan has received a report from the Central Bank and is set to call in all the main lenders next week to pressurise them to reduce rates. He said he would like to see a series of phased reductions in variable rates.

Meanwhile, the IMHO is aiming to get up to 25,000 people to act – by teaming up with the One Big Switch Campaign, a group that has already done deals with electricity providers and health insurers for those who sign up with it.

David Hall of the IMHO said banks would dread such a mass switching cam

The plan is to get at least 10,000 people who owe less than their properties are worth to commit to moving their mortgage to a lender with a lower rate.

Switching to the best-value mortgage could see a family with a €250,000 home-loan saving around €1,500 a year. This is because there is a one percentage point gap between the highest and lowest variable rates in the market

paign.

Haven Reduce Mortgage Interest Rates.

Haven are delighted to announce reductions to their suite of mortgage rates.. Applying to their fixed, standard variable and LTV variable rate products, these changes are a further demonstration of Haven’s desire to deliver real value for customers.

Standard variable rates are being cut from 4.35% to 3.97%, an overall reduction of 0.38%. LTV variable rates have been slashed by 0.25% across the board.

Two to five year fixed rates will see a drop of anywhere between 0.10% to 0.20% -depending on the fixed term.

Changes to fixed and LTV variable rates are effective from 7th May 2015, while the standard variable rates reduction comes in to effect in June 2015.

If you would like to discuss any of these changes further please do no hesitate to get in touch with us today.

Royal London Special Offer Discount Extended

We have just received great news from Royal London! They have extended their special offer of 5% off Term Assurance and 10% off Mortgage Protection Cover, until 30th April 2015.

The 5% off Term Assurance also includes Indexation and Pension Term Assurance.

We price match all insurance quotes for our clients, so you know you’re getting an extra 5% or 10% discount off the best quotes on the market.

So, if your premiums have skyrocketed and you’re shopping around for a better deal get in touch on 015052718 or pop into our ofice in Maynooth,Co.Kildare. Make the switch!