ICS Building Society

Those on variable mortgage rates paying for banks' losses on trackers, admits Soden

A former Bank of Ireland CEO has admitted that variable mortgage rate holders are paying for the banks’ losses when it comes to tracker mortgages. Mike Soden said that banks had no choice but to up their variable mortgage rates in response to the costly…

Bank of Ireland increase variable mortgage rate

General, Home, Mortgages & Money, Property News, The First Time Buyer

Bank of Ireland and its subsidiary ICS Building Society have confirmed that they will be increasing their variable mortgage rates for owner occupiers and buy to let customers by 0.5% a year. Customers have been receiving letters today notifying them of the change, which will…

Widely different rates being offered to first time buyers

Home, Mortgages & Money, Property News, The First Time Buyer

A new report has found that first time buyers who take out mortgages are being charged hugely different interest rates by lenders, with a difference of €1,400 a year between the most expensive and cheapest. Bank of Ireland subsidiary, ICS Building Society, has emerged as…