ICS reduces variable rates on foot of latest ECB cut [Video]

ICS Mortgages has announced it is reducing the rates on its variable rate mortgages in response to the latest European Central Bank (ECB) rate cut.

The company will reduce variable rates on owner-occupier and buy-to-let mortgages by 0.25% from 1 October in line with the Frankfurt cut.

The lower rate will be available to new and existing customers, including homebuyers, homeowners, landlords, and property investors

“This latest adjustment reflects our ongoing commitment to enhancing our offerings whilst also providing viable, customer-focused mortgage solutions,” said Ray McMahon, chief commercial officer at ICS Mortgages. 

“These new, lower rates, demonstrate our continued focus to deliver genuine value to our customers.  It reflects our commitment to continually review our rates and offer flexible and innovative mortgage products.

“This is good news today for first-time buyers, second-time buyers as well as buy-to-let investors and landlords. This combined with our exceptional customer service and adaptable mortgage options reflects ICS mortgages’ position as a …