Don’t just take a hike

With lenders likely to hike interest rates, mortgage-holders and first-time buyers need to look at what options would suit them best

One of the big stories in the news last week was that Permanent TSB, Ireland’s biggest mortgage-lenders, was to raise its standard variable rate (SVR) by 1 per cent, bringing it up to 5.19 per cent.

That move was followed by the news that Ulster Bank planned to increase its mortgage rates ...