AIB launches new green mortgage rate of 3%

Bank said new mortgage products are its lowest available rates on offer 

The bank added that switcher customers who meet the criteria and wish to avail of one of these fixed rates will also benefit from AIB’s €3,000 switcher cash offer. PIC: Conor Ó Mearáin / Collins Photos

AIB has launched two new shorter term green fixed mortgage products which are now the bank's lowest available mortgage rates on offer.

The lender is offering a green three year fixed rate for homes with a building energy rating (BER) between A1 and A3 from 3%, and a green two year fixed rate for homes with a BER between A1 and B3 from 3.15%. The new rates are available to new and existing customers from October 26.