ING Direct is to raise the rates on 11 of its fixed and tracker mortgage products from Friday.
The lender will raise rates by 0.2% on a trio of two-year fixed rate deals. ING’s 60% LTV offer will increase to 3.84%, the 75% LTV will move up to 4.04% and the 80% LTV will rise to 4.30%.
ING’s two-year tracker rates will also increase by the same amount, its 60% LTV will rise to 3.64% and the 80% will move up to 3.84%.
Five-year fixed rate deals will also change, with the bank’s five-year fixed rate offerings at 60%, 75% and 80% LTV will increase to 4.54%, 4.64% and 4.94% respectively.
Three lifetime trackers will also increase by 0.25%, the 60% LTV rising to 4.04%, its 75% LTV increasing to 4.34% and the 80% LTV deal increasing to 4.44%.
