ICS hikes mortgage rates for owner-occupiers
ICS Mortgages is to increase its fixed rate owner-occupier mortgages - effective from January 9, 2026.
This marks the first lender to increase rates this year.
The lender - which is owned by Dilosk - said the increases will see its fixed rates rise by between 0.25% and 0.45%, depending on loan-to-value bands.
ICS said the revised rates will apply to three-year and five-year fixed rate products and reflect prevailing market conditions.
Existing fixed-rate customers will not be affected, it added.
Ray McMahon, Chief Commercial Officer at ICS Mortgages, said that while it continually seek opportunities to support borrowers through competitive pricing and innovative products, these fixed rate adjustments reflect the realities of the increase in swap market pricing over the past two months.
"We remain committed to supporting our customers and broker partners through clear and timely communication," he added.
