KBC Bank Archives - Page 2 of 3 - MyHome.ie Advice & Blog

Homeowners will be allowed to move and keep their tracker mortgage

General, Home, Industry News, Mortgages & Money, Property News, The Seller

Homeowners will now be able to move house without having to give up their low interest tracker mortgages. Trackers are linked to the rate set by the European Central Bank, which currently has an historically low rate of 0.5%. With 375,000 homeowners currently on tracker…

Read More →

KBC Bank to continue their expansion here

Mortgages & Money

KBC Bank Ireland are set to continue their expansion here after its parent pumped €125m into the lender to help it continue its growth. KBC’s headquarters in Brussels made the cash injection at the end of March with a spokesman for the bank confirming to…

Read More →

KBC rules out debt writedowns

General, Home, Mortgages & Money, Property News

The chief executive of KBC Bank John Reynolds has said that the bank is not writing off debt for their most hard-pressed customers. Yesterday, the Governor of the Central Bank Patrick Honohan said permanent debt relief is needed for some people. He also said that…

Read More →

KBC Bank increase mortgage rates

General, Home, Mortgages & Money, Property News, The Investor

Thousands of mortgage holders are set to see their repayments increase by more than €300 this year after KBC Bank Ireland announced yesterday that it was increasing it standard variable rate by 0.25%. The rate change, which kicks in from the beginning of March, will…

Read More →

KBC looking to double its number of mortgage customers here

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

KBC Bank is hoping to double its number of mortgage customers in Ireland over the next three to five years. The Belgian bank, who are opening six branches here in the months ahead, hope to have a mortgage book of 250,000 customers by 2017. KBC…

Read More →

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…

Read More →

Two thirds of people now saving for holidays

General, Home, Mortgages & Money

Two thirds of people in a new survey from KBC Bank say they are now saving for holidays rather than borrowing for them or putting it on their credit cards. The latest KBC Savings Barometer revealed that out of 500 people surveyed, 50% of Irish…

Read More →

Power takes up role at KBC Bank

Industry News, Mortgages & Money

Aidan Power has been appointed Head of Marketing & Customer Engagement at KBC Bank Ireland. He was formerly with EBS where he managed marketing and communications strategy for the EBS retail business. KBC Bank Ireland Executive Director and Head of Retail Banking, Ms Dara Deering…

Read More →

The mortgage divide, is it right?

Mortgages & Money, Property News

Yesterday’s ECB rate cut of 0.25% will be welcome news to many mortgage holders but for a large proportion, they will never benefit from it. Tracker mortgage holders will automatically benefit from the new 0.75% rate but the cut is unlikely to be passed on…

Read More →

Banks to work with those in arrears

Home, Mortgages & Money, Property News

Representatives from Ireland's banks met with the Government's Economic Management Council last night to be briefed on new personal insolvency legislation. The Bill, which is due to be published on Friday, aims to address the growing problem of mortgage arrears. Following the meeting, AIB said…

Read More →