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KBC follows rivals in providing cash incentive to first-time buyers


KBC Bank Ireland is to offer a €1,500 cash incentive for certain first-time buyers and movers as the war for customers between Irish banks continues to ramp up.

The offer came into effect on August 17th and will be available to customers applying for fixed-rate mortgages over three, five or 10 years. Customers who apply for a home loan before the end of the year will be able to avail of the incentive on drawdown.

Almost every other bank bar AIB offers cash incentives of one sort or another to first-time buyers and switchers. KBC’s new offer comes just a week after the revised help-to-buy scheme opened for applications.

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