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Permanent TSB has launched a new discounted green mortgage product for purchasers of more sustainable energy homes.
The product offers discounts of 0.2 per cent on five-year fixed rates for both new and existing mortgages on homes with a Building Energy Rating of A1 to B3.
The rates will start at 2.35 per cent for five-year fixed rates where the Loan to Value (LTV) is less than or equal to 80 per cent and the value of the mortgage is equal to or more than €250,000.
The new green mortgages will be available from April 30th .
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Jeff Harbourne, head of personal banking at PTSB, said this is the first of many sustainable finance products that the bank will offer under its new sustainability strategy.
“We are offering better home loan rates to customers who are buying energy-efficient, sustainable homes with an energy rating of B3 or better. These new rates highlight our commitment to sustainability and the importance of giving access to attractive sustainable financial products to our customers,” he said.
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