Introducing Avant Money's Rate Cuts and Incentives for Mortgage Switchers

2023-05-26

Exciting news from Avant Money! In a time when mortgage rates are increasing, Avant Money is making a significant move by reducing long-term fixed rates. This provides customers with the opportunity to secure their repayments. Additionally, Avant Money is introducing attractive incentives for those looking to switch their mortgages. These changes will take effect from 26 May 2023, and offer customers much-needed savings.

What's Changing?

Avant Money has announced a slight increase of 0.3% in their 3, 4, and 5-year fixed rates. Despite this adjustment, Avant Money's rates continue to be highly competitive and remain among the lowest in the market.

Surprisingly, Avant Money has decided to decrease their 10-year fixed rates and all 'One Mortgage' products by 0.35%. This decision goes against the trend of rising interest rates in the mortgage market. As a result, these rates will now align with their unchanged 7-year fixed rate.

Avant's New Mortgage Rates

Avant Money's adjusted fixed rates are as follows:

Fixed Term Period 60% LTV 70% LTV 80% LTV 90% LTV

3 years 3.60% 3.65% 3.75% 3.80%

4 years 3.75% 3.80% 3.85% 3.90%

5 years 3.80% 3.85% 3.90% 3.95%

7 years 3.95% 4.00% 4.05% 4.10%

10 years 3.95% 4.00% 4.05% 4.10%

One Mortgage rates

(up to 30 years) 3.95% 4.00% 4.05% 4.10%

These new rates will apply to you when we submit your mortgage application on or after 26 May 2023.

What Are the New Incentives for Switchers?

Avant Money is also introducing a fantastic offer for mortgage switchers on their 'One Mortgage' product. They will provide a €1,500 contribution towards legal fees for mortgages of €200,000 or more. This offer is available to switchers who submit their applications between 26 May 2023, and 29 September 2023. To avail of this offer, the mortgage must be drawn down by 29 December 2023.

What Should You Do Next?

Whether you're a First Time Buyer embarking on your mortgage journey, a current mortgage holder, or in the midst of your mortgage application, the best course of action is to reach out to our team for advice on the available offers. We are dedicated to helping you find the right mortgage solution. Contact us today, and we'll be delighted to assist you.