permanent tsb is now offering more than 70,000 existing home loan customers on Variable Rate Mortgages the opportunity to move to a Managed Variable Rate (MVR) mortgage, where interest rates start from as little as 3.70% (3.70% is the interest rate that will apply to a mortgage where the loan is 50% or less of the value of the house).
Our new rates will vary depending on the amount owed and the value of the property in question. The highest rate charged (for customers whose mortgage is equal to or greater than 90% of the value of their home) will be 4.3% - 0.2% less than our current Standard Variable Rate (SVR).
Contact one of the valuers appointed by permanent tsb to carry out a valuation of your property. The full list of appointed property valuers is available to view here. Use the voucher provided to you to instruct and pay for the valuation of your property.
|Loan to Value MVR||Rate|
|Less than or equal to 50%||3.70%|
|Greater than 50% and less than or equal to 60%||3.80%|
|Greater than 60% and less than or equal to 70%||3.90%|
|Greater than 70% and less than or equal to 80%||4.00%|
|Greater than 80% and less than or equal to 90%||4.20%|
|Greater than 90%||4.30%|
If the outstanding amount owed on your mortgage is less than 50% of the current value of your home, you’ll be able to reduce your interest rate from today’s SVR of 4.50% to our new Managed Variable Rate (MVR) of 3.70% (a cut of 0.8%, based on current rates).
Use our simple calculator on the right hand side of this page to see how much you could save.
The offer to switch to an MVR is available once under this current offer and is subject to availability.
This offer is available to Variable and Fixed Rate home loan customers and excludes tracker mortgages. This offer also excludes Commercial and Buy-to-Let mortgages.
Make sure you submit the following:
Please note: we cannot accept your application form without a completed valuation report attached.
Please fill in all the fields above to get started!
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