With the prospect of more cuts on the table, your own lender might offer a better deal and save you thousands
LTV is the ratio of your outstanding loan to the value of your home. It signifies the level of risk to a lender. Photo: Getty
The interest rate cut made earlier this month by the European Central Bank (ECB) didn’t look like much.
At just 0.25pc, it’s about €41 a month off a €300,000 mortgage – but that’s still around €500 a year, which is double the energy credits announced in Budget 2025.
