Banking

Finance Ireland raises variable mortgage rates by 1%

The move means the non-bank lender’s rate will now be between 5.75 per cent and 6.15 per cent

Finance Ireland, the largest non-bank lender in the state, previously raised its rates by 2 per cent last October.

Finance Ireland will raise its standard variable mortgage rate products by 1 per cent from March 16.

In a statement, the non-bank lender said: “In light of continuing ECB rate rises, Finance Ireland confirms that with effect from March 16, it will raise its Standard Variable Mortgage Rate products by 1 per cent.

“Finance Ireland has a range of mortgage offerings and customers are advised to contact the lender or a broker or to view ...