KBC Bank hints at mortgage rate move for first-time buyers                  

It comes after the challenger mortgage bank, which has competed aggressively on mortgage prices against the main Irish rivals for a number of years, has been hit hard by the slump in the mortgage market as the economy was closed down amid the crisis. Picture: File picture

The chief executive of KBC Bank Ireland has hinted that the mortgage lender is planning to cut mortgage rates for first-time buyers in the coming weeks.

Peter Roebben said that it had attracted business in a difficult market from mortgage switchers and was now preparing to do something similar on pricing for a different segment of the market.