Permanent tsb reduce rates and start a love your customer campaign!
Some good news for borrowers is that permanentsb have introduced attractive new discounted variable rates.
A number of weeks ago permanent tsb also surprised the market when they announced that they would offer existing customers the same new business variable and fixed rates that new borrowers were being offered.
Up until now no bank had taken this approach with existing clients and for many it will mean a significant reduction, possibly up to.7% for mortgages with a loan to value ratio.
The bank are currently in the process of writing to customers about this initiative and hopefully these letters wont find their way into the bin like most lender correspondence!
Well done to permanent tsb and hopefully others will follow and soon..