ICS Mortgages is to cut all of its owner occupier variable rate mortgages by 0.2%.
The lender – which is owned by Dilosk – said the new rates will be effective from August 1.
It said the reduction applies across all loan to value bands for new and existing owner occupier variable rate customers.
ICS said the cut reflects its commitment to supporting customers and forms part of its broader strategy to continue to offer flexible, transparent and customer-focused mortgage solutions.
“We are pleased to introduce these rate reductions as part of our ongoing efforts to deliver value and support to our customers. At ICS Mortgages, our mortgages remain innovative and responsive to our customer’s needs,” Ray McMahon, Chief Commercial Officer at ICS Mortgages, said.
But ICS said there will be no changes to interest rates for former Ulster Bank Flexible Mortgage customers who migrated to Dilosk.
Earlier this week, AIB units EBS and Haven said they were cutting interest rates on their non-green mortgages by up to 0.50% for new and existing customers.
