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What does PDH mean in relation to mortgage rates?

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  • 27-06-2013 9:29pm
    #1
    johnwarde
    Registered Users Posts: 5 ✭


    Hi,

    I recently received a letter from BOI to select a new mortgage rate.  The letters PDH are at the end of most of the rates given but I can find a meaning in the form, on the boi.ie website or in Google.

    What does PDH mean in relation to mortgage rates?

    Thanks for your help,

    John


Comments

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    #2
    cookie1977
    Registered Users Posts: 6,794 ✭✭✭cookie1977


    PDH means private dwelling home. Also known as PPR or principal private residence. As in the home you'll be living in.

    Normally PDH rates would be lower then BTL or buy to lets


  • Options
    #3
    johnwarde
    Registered Users Posts: 5 ✭johnwarde


    Great, thanks for the info!!

    John


  • Options
    #4
    Bank of Ireland: Laura
    Closed Accounts Posts: 414 ✭✭Bank of Ireland: Laura


    Hi johnwarde.

    Thanks for getting in touch.

    As cookie1977 has correctly mentioned, PDH in relation to mortgage rates, is indeed your private dwelling home.

    If you need to discuss the rates that you've been offered, please contact the Mortgage Advisor in your account holding branch or alternatively you may call our Customer Relationship Unit on 01 6113333 and a representative will be happy to assist you.

    If there is anything else we can help you with, please let us know.
    Laura


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