Here is the latest update from the Bank of Ireland. For more information visit their website here or for full details of their Lending Criteria, click here.
SVR Reduction
We are pleased to confirm that we are reducing our Standard Variable Rate with effect from 1st July 2025 from 6.75% to 6.50%.
Affected customers will receive a rate notification letter today outlining their new monthly repayments.
Important Information – Launch of New Mortgage Products
We are refreshing a number of products within our range with effect from Wednesday 18th June 2025.
The key changes include;
- Reduction in fees across Base Rate Trackers;
- Rate reductions of up to 0.15% across our <=80% LTV existing customer products;
- Rate reductions across our (One Year) Self Employed, Affordability Boost and 5 year New Build propositions;
Therefore existing products will be withdrawn from close of business tomorrow Tuesday 17th June to illustrations and close of business Thursday 19th June to applications.