Charlie Weston

So you could probably do really well.

You could get one of the lowest rates in the market, the 3%.

You know, that's the kind of rate you're looking at for somebody with a 50% loan to value because they've paid off half of the value of the home loan.

in terms of the mortgage.

So they're in a great position.

There are.

There's a bit of a scramble going on.

And, you know, I suppose as well, the smart people are getting in now.

And then I'm hearing today that on the back of this article, there is a lot more people looking at their options and contacting brokers.

So people are smart enough to know, you know, that interest rates are likely to rise over the next year or the end of this year.

So they're acting now to try and kind of protect themselves against the payment shock, I suppose, David.

There is, there is, Clare.

Certainly the banks, and I had separate figures from the credit unions, they're showing a big increase in what's called green loans.

Now, these are essentially loans to upgrade the energy efficiency of your home or to buy an EV unit.

The banks are reporting a 26% increase this year compared with last year in the number of these green loans taken out.

And they're big, chunky loans.

They tend to be twice the size of a standard loan.

You're talking, according to the Banking and Payments Federation, up to €23,000.

And a number of credit unions have come together, 34 of them around the country,

and they formed a group called Greenify, and they're offering a standardised green loan with a rate of 5.5% for consumers, which is pretty good.