
Discounted Variable Rate Mortgages
Here are some of the benefits of a variable rate mortgage:
- No application fee
- Free legal fees for customers switching their mortgage to AIB for Intermediaries using a bank nominated solicitor. Click here for more details.
- Free valuation for switchers and first time buyers
- Repayment terms of up to 35 years
Our Rates
2 Year Green Discount Standard Variable Rate
Maximum LTV | Initial variable interest rate | Differential to our Standard Variable Rate | Interest rate following the discounted interest term | The overall cost for comparison | Cashback (New lending only) |
---|---|---|---|---|---|
≤60% |
5.04% |
-2.06% |
7.10% |
7.15% APRC |
N/A |
≤75% |
5.21% |
-1.89% |
7.10% |
7.19% APRC |
N/A |
≤80% |
5.21% |
-1.89% |
7.10% |
7.18% APRC |
N/A |
≤85% |
5.69% |
-1.41% |
7.10% |
7.30% APRC |
N/A |
≤90%* |
6.44% |
-0.66% |
7.10% |
7.49% APRC |
N/A |
*Existing customers: 95% maximum LTV above applies to property values of up to £250,000. The maximum LTV for properties valued between £250,000 and £750,000 is 90%. The maximum LTV for properties over £750,000 is 80%. New Business: 90% maximum LTV above applies to property values of up to £750,000. The maximum LTV for properties over £750,000 is 80% Free valuation for switchers and first time buyers A standard variable rate mortgage is also available Early repayment charge – N/A |
2 year variable 'Discount Freedom'
Maximum LTV | Initial variable interest rate | Differential to our Standard Variable Rate | Interest rate following the discounted interest term | The overall cost for comparison | Cashback (New lending only) |
---|---|---|---|---|---|
≤60% |
5.14% |
-1.96% |
7.10% |
7.18% APRC |
N/A |
≤75% |
5.31% |
-1.79% |
7.10% |
7.21% APRC |
N/A |
≤80% |
5.31% |
-1.79% |
7.10% |
7.21% APRC |
N/A |
≤85% |
5.79% |
-1.31% |
7.10% |
7.33% APRC |
N/A |
≤90%* |
6.54% |
-0.56% |
7.10% |
7.52% APRC |
N/A |
· *The 90% LTV tier is available for first time buyers only. Free valuation for switchers and first time buyers. **The 95% LTV tier is available to existing AIB customers only and is available for property values up to £250,000. Click here for more information on our Loan to Value Criteria. Early repayment charge – N/A |
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