With the prospect of more cuts on the table, your own lender might offer a better deal and save you thousands

LTV is the ratio of your outstanding loan to the value of your home. It signifies the level of risk to a lender. Photo: Getty

The interest rate cut made earlier this month by the European Central Bank (ECB) didn’t look like much.

At just 0.25pc, it’s about €41 a month off a €300,000 mortgage – but that’s still around €500 a year, which is double the energy credits announced in Budget 2025.



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