Haven, AIB's mortgage broker, has announced a cut in its standard variable mortgage rate for both new and existing customers.
Haven said its existing standard variable rate (SVR) will be cut by 0.32%, while it also announced a 0.25% reduction in its new business loan to value (LTV) mortgage rates.
This is the fourth rate cut in under two years and brings Haven's SVR down to 3.4%, while its new LTV rates start at 3.1%.
Haven also said it would introduce a €2,000 contribution towards fees for all customers who switch to it.
