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Tracker Mortgages

Dáil Éireann Debate, Tuesday - 4 April 2017

Tuesday, 4 April 2017

Ceisteanna (231)

Pearse Doherty

Ceist:

231. Deputy Pearse Doherty asked the Minister for Finance the rates at which each of the State backed banks were offering tracker rate mortgages on 1 January in each of the years 2008 to 2013, in tabular form; and if he will make a statement on the matter. [16775/17]

Amharc ar fhreagra

Freagraí scríofa

I have received the following information in response to the Deputy's question:

Permanent tsb

Permanent TSB had the below tracker rates available to New Home Loan (PDH) customers on 1st January (2008 to 2013).  With regard to this the following should be noted:

- Where a range of rates / margins is quoted this varied depending on loan circumstances (eg. Loan to Value (LTV) and / or Loan Amount).

- In some cases the margin / rate quoted may have been for a discounted period and may not have been available for the term of the Mortgage.

- The tracker rates are representative of tracker rates available to Home Loan (Residential) customers only. These rates may not have been available for RIP or Commercial customers.

Home Loan - New Customers

Rate

01/01/2008

4.55% to 5.10%

(ECB@4%)

01/01/2009

Not available

01/01/2010

 Not available

01/01/2011

 Not available

01/01/2012

 Not available

01/01/2013

 Not available

AIB:

AIB Group (which includes EBS and Haven brands) had the below tracker rates available to New Home Loan (PDH) customers on 1st January (2008 to 2013).  With regard to this the following should be noted:

- Where a range of rates / margins is quoted this varied depending on loan circumstances (eg. Loan to Value (LTV) and / or Loan Amount).

Home Loan  (PDH) Tracker Interest Rates available on 1st Jan 2008-2013

 

AIB

EBS

Haven

 

Rate

Rate

Rate

01/01/2008

4.6% to 4.90%

 

(ECB@4%)

4.6% to 5.25%

 

(ECB@4%)

4.8% to 5.34%

 

(ECB@4%)

01/01/2009

Not available for new business

Not available for new business

Not available for new business

01/01/2010

Not available for new business

Not available for new business

Not available for new business

01/01/2011

Not available for new business

Not available for new business

Not available for new business

01/01/2012

Not available for new business

Not available for new business

Not available for new business

01/01/2013

Not available for new business

Not available for new business

Not available for new business

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