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04/12/2008
National Rate Cut Prompts Local Response
Some Northern Ireland banks are already getting ready to cut their mortgage rates as the national cost of borrowing falls again.
It has been reduced by a full percentage point, pushing the base rate of interest to 2% - the lowest level since September 1939.
The Bank of England's Monetary Policy Committee (MPC) made the announcement at midday, which follows last month's shock 1.5% cut - the biggest in nearly 30 years.
Britain's biggest mortgage lender, the Halifax almost immediately announced it would pass on the cut to its 600,000 borrowers with base rate tracker deals while two of Northern Ireland's 'big four' banks have also said they will be matching the latest cut in interest rates.
The Ulster Bank said this afternoon that all their tracker customers would benefit from the cut, but they are meeting to discuss other financial products.
The Bank of Ireland has said their standard variable rate would fall from 5.49% to 4.49%.
The decision by the Bank of England to cut interest rates again has been roundly welcomed in Northern Ireland.
See: UK Interest Rate Slashed To 2%
(BMcC)
It has been reduced by a full percentage point, pushing the base rate of interest to 2% - the lowest level since September 1939.
The Bank of England's Monetary Policy Committee (MPC) made the announcement at midday, which follows last month's shock 1.5% cut - the biggest in nearly 30 years.
Britain's biggest mortgage lender, the Halifax almost immediately announced it would pass on the cut to its 600,000 borrowers with base rate tracker deals while two of Northern Ireland's 'big four' banks have also said they will be matching the latest cut in interest rates.
The Ulster Bank said this afternoon that all their tracker customers would benefit from the cut, but they are meeting to discuss other financial products.
The Bank of Ireland has said their standard variable rate would fall from 5.49% to 4.49%.
The decision by the Bank of England to cut interest rates again has been roundly welcomed in Northern Ireland.
See: UK Interest Rate Slashed To 2%
(BMcC)
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05 February 2009
Three NI Banks Cut Interest Rates
Most of Northern Ireland's big banks have agreed to adopt the latest UK interest rate cut. First Trust, Bank of Ireland and Ulster Bank have all brought their base rates into line with the reduction. The Bank of Ireland and Ulster Bank both said they were reviewing how the cut would affect standard variable rate products.
Three NI Banks Cut Interest Rates
Most of Northern Ireland's big banks have agreed to adopt the latest UK interest rate cut. First Trust, Bank of Ireland and Ulster Bank have all brought their base rates into line with the reduction. The Bank of Ireland and Ulster Bank both said they were reviewing how the cut would affect standard variable rate products.
10 April 2018
Rate Bills Due To Be Issued To Homes And Businesses
Rate bills are due to be issued to homes and businesses in Northern Ireland from Land & Property Services (LPS), part of the Department of Finance. The bill outlines the amount due for the billing period 2018/19 and includes any debt from previous years that has not been paid, along with any rate relief where applicable.
Rate Bills Due To Be Issued To Homes And Businesses
Rate bills are due to be issued to homes and businesses in Northern Ireland from Land & Property Services (LPS), part of the Department of Finance. The bill outlines the amount due for the billing period 2018/19 and includes any debt from previous years that has not been paid, along with any rate relief where applicable.
02 April 2015
Ratepayers To Receive New Rate Bills
Homeowners and businesses throughout the new Belfast District Council area are to receive their rate bill for 2015/16 this week. The bill will show the amount due for the new billing period 2015/16, including any debt that may have been carried forward from previous years, along with any rate relief, where applicable.
Ratepayers To Receive New Rate Bills
Homeowners and businesses throughout the new Belfast District Council area are to receive their rate bill for 2015/16 this week. The bill will show the amount due for the new billing period 2015/16, including any debt that may have been carried forward from previous years, along with any rate relief, where applicable.
30 March 2015
Finance Minister Announces New Annual Rate Statement
A new annual rate statement for all domestic rate payers in Northern Ireland has been introduced by the Finance Minister. From April 2015, the annual rate statement will show how households' rate payment contributes to the provision of public services such as health, education and roads, as well as a range of other important regional services.
Finance Minister Announces New Annual Rate Statement
A new annual rate statement for all domestic rate payers in Northern Ireland has been introduced by the Finance Minister. From April 2015, the annual rate statement will show how households' rate payment contributes to the provision of public services such as health, education and roads, as well as a range of other important regional services.
20 November 2024
Man Extradited From Ireland To Face Serious Charges
A 33-year-old man has been extradited from Northern Ireland to the Republic of Ireland to face serious charges. The man is accused of assault causing harm, coercive control, contravention of a safety order, theft, and possession of a weapon. The alleged offences occurred in the Monaghan area between 2020 and 2021.
Man Extradited From Ireland To Face Serious Charges
A 33-year-old man has been extradited from Northern Ireland to the Republic of Ireland to face serious charges. The man is accused of assault causing harm, coercive control, contravention of a safety order, theft, and possession of a weapon. The alleged offences occurred in the Monaghan area between 2020 and 2021.
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Northern Ireland WeatherThis Evening and Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
