Last edited: Feb 2, 2017 EBS is now clearly the Best Buy If you are taking out a new mortgage or considering switching, you should apply directly to EBS. It's important that you go directly to EBS as this deal is not available through mortgage brokers. Their rates are slightly higher than AIB's, but they give 2% cash back without any conditions. In other words, if some other lender cuts their rates after a few months, but EBS doesn't, you can switch to the other lender and you do not have to give the cash back. EBS Mortgage Rates The EBS 2% Back in Cash mortgage offer All rates are the quoted rate, and not the APR. The difference is not significant. Local Authority Home Choice Loan AIB Rates Haven Ulster Bank ptsb - ptsb also gives a 0.5% discount in the first year which is not in the above tables KBC Bank of Ireland The only other lender is Pepper, but as they don't publish their rates, it's unlikely that they are good value. However, they may be the only option if you can't get a loan anywhere else due to a bad credit record. They cut their rates in July. You should avoid KBC, Bank of Ireland and permanent tsb. KBC treats its existing customers with contempt. They cut their rates to attract new business but do not cut rates for existing customers. Today, you are a new customer. Once you draw down the loan you are an existing customer and will not benefit from any future rate cuts. While there is no guarantee that AIB will pass on rate cuts, they have done so in the past. Ulster Bank has given a commitment to give existing customers the same rates as new customers. Avoid KBC Bank of Ireland has admitted that they keep artificially high variable rates to encourage people to fix. So they should be avoided. permanent tsb too has very high variable rates. They also reserve the right to reclaim the 2% if you switch within 5 years. This might not be enforceable, but why bother with them?