€3,000 when you switch your mortgage to KBC Bank
Great offer with excellent fixed rates – Harry Dwyer Moneycare
KBC Bank Ireland has announced a number of enhancements to its mortgage offering that will benefit a range of customers. The changes are part of a process of lowering fixed rates and attracting new client to switch their mortgage to KBC Bank
Research from the Central Bank of Ireland into switching behaviour shows just 4% of mortgage customers moved their loan to a new lender, while 6% had changed their product with their existing bank. Over eight out of ten have never considered moving their mortgage for one reason or another.
The enhanced KBC offering aims to provide new and existing home buyers, movers and mortgage switchers to get better long term value on their mortgage. From Tuesday, 2nd May, KBC Bank will lower its 2 year, 3 year and 5 year fixed mortgage rates. As a result, customers (80%-90% LTV) can fix the interest rate on their mortgage from as low as 3.10% for three years. The competitive new rates will be available for both new customers of KBC, and current KBC mortgage customers, whether on a variable rate or at the end of an existing fixed term rate.
In addition, homeowners who make the switch to KBC to save on their mortgage repayments will benefit from a €3,000 contribution towards their costs of switching their mortgage. The contribution is open to any customer who switches their mortgage to KBC before September 30th 2017.
KBC is also extending its 50% off KBC Home Insurance offer in year one on all new KBC residential mortgages for first time buyers, switchers and movers until September 30th 2017
Commenting on this excellent offer Harry Dwyer Managing Director Moneycare the largest mortgage broker in Co Monaghan said “this offer on fixed rates offers certainty to customers at a time where expectations as to mortgage rate increases are only around the corner. Furthermore the offer of €3,000 in switching should more that cover solicitors and any other fees with a little over to enjoy”