196. Deputy Michael McGrath asked the Minister for Finance if banks (details supplied) allow their existing mortgage customers on a variable interest rate linked to their loan-to-value ratio or on a loan-to-value interest rate to move down to a lower loan-to-value band on the basis of an up-to-date valuation of their home and, therefore, benefit from the lower interest rate associated with that lower loan-to-value band. [39904/17]

Summary

196. Deputy Michael McGrath asked the Minister for Finance if banks (details supplied) allow their existing mortgage customers on a variable interest rate linked to their loan-to-value ratio or on a loan-to-value interest rate to move down to a lower loan-to-value band on the basis of an up-to-date valuation of their home and, therefore, benefit from the lower interest rate associated with that lower loan-to-value band. [39904/17]

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• Mortgage Interest Rates

  xml · EN · 20 September 2017

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