Permanent TSB has become the latest bank to raise interest on fixed rate mortgages and deposit rates.
The bank said the changes are due to the interest rate increases from the European Central Bank in recent months and follows recent announcements of increased interest rates by AIB and Bank of Ireland. Permanent TSB’s increases will range from 0.05% to 0.9% depending on the length of the fixed term, the size of the loan and the size of the loan relative to the value of the property in question.
They said there will be no changes for customers on existing fixed rates and there are no changes to the bank’s variable rates for new or existing customers.