Permanent tsb 'offering mortgage rate cut for some customers'
Customers at Permanent tsb could reportedly be in line for a mortgage rate cut.
The bank is offering variable rate cuts if certain customers change to a new product.
It has been reported today that the lender has written to 70,000 people telling them they will receive a discount of up to 0.8 percentage points in their rates if they switch to a package that is based around loan-to-value ratios.
Finance Minister Michael Noonan is meeting Permanent tsb later for an update on its efforts to ease the pressure on people with variable rate mortgages.
