Leitrim-based-Avant Money deny they will cherry pick best customers for new mortgage product

A new mortgage lender entering the Irish market denies speculation that they'll be cherry picking the most attractive customers.

Avant Money, which employs dozens of people at its base in Carrick-on-Shannon,  is offering fixed rates starting from 1.95 percent.

It's the first time in ten years that mortgage rates in Ireland will go below 2 percent.

The Spanish backed company will begin lending at prices from 100 thousand euro.

CEO of Avant Money Chris Paul says they are hoping to make a real impact in the market