"As market rates fall, we are pleased to pass the benefit directly to our customers through reduced interest rates," said Avant Money's head of mortgages Brian Lande. This statement reflects the lender's commitment to maximize customer satisfaction amid the competitive mortgage landscape in Ireland.
Avant Money is cutting its fixed rates by up to 0.4 of a percentage point, and offering cash back worth 1pc of the value of the funds being drawn down. This move is indicative of the competitive mortgage market driven by recent European Central Bank rate cuts.
The new rates will see Avant Money's One Mortgage interest rate starting from 3.4pc, down from 3.8pc, making home loans more accessible for borrowers seeking fixed rates amid the changing interest rate environment.
With the cash-back incentive worth €3,000 on a typical €300,000 mortgage, Avant Money is positioning itself to attract a broader customer base while acknowledging the growing competition among lenders in providing attractive products.
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