Bank of Ireland to Increase it’s Variable Rate: Your Options

If you are an existing mortgage client of Bank of Ireland we thought we would take this opportunity to provide you with your options. Bank of Ireland is looking to increase its SVR from the current 2.99% for its existing mortgage customers to 4.49% within the next few weeks – A massive increase of 1.5%. The SVR will increase by 1% on the 1st June and then by a further 0.5% in September.