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Have any Landlords been notified of the Bank of Ireland's increase in interest rates?

The Bank of Ireland has doubled its tracker rate overnight on Buy to Let Mortgages http://www.dailymail.co.uk/news/article-2317872/Bank-Ireland-doubles-tracker-rate-mortgages-overnight-affecting-13-500-UK-customers.html

Asked on May 2 2013, General in Bishop Auckland | Report content

Answers (1)

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  • Hi Richard, Yes, landlords have been notified about this, and the new interest rates were applied from the 1st May! We have a long discussion about this, and information about how to fight against it, on Property Tribes. (Link attached). Landlord Action are also co-ordinating action against this for landlords and you can find out more via the link I have supplied.

    Web reference: http://www.propertytribes.com/breaking-news-bank-ireland-...

    Answered on May 5 2013, Report content

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