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Mortgage rates

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  • 23-04-2018 5:55pm
    #1
    Dublingirl80
    Closed Accounts Posts: 244 ✭✭


    Hi, my fixed rate is up in August, I have had my mortgage for 3years. When I signed up I got a lump sum which committed me to 5 years or I've to pay it back. As I am three years in, if I decide to switch mortgage providers, do I pay a pro rata amount or the full sum I received? Secondly,the reason I'm considering switching is that I'm disappointed by the current rates. Ulster bank have a 2.6 rate I would be entitled to, kbc have similar, however the lowest I see is 3. This makes a big difference especially over the coming years and I'm reluctant to stay with bank of Ireland past the 5 years which they seem to enforce if these rates continue, they're not competitive with the other banks and I'm wondering why?


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    #2
    Bank of Ireland: Jane
    Closed Accounts Posts: 266 ✭✭Bank of Ireland: Jane


    Dublingirl80 wrote: »
    Hi, my fixed rate is up in August, I have had my mortgage for 3years. When I signed up I got a lump sum which committed me to 5 years or I've to pay it back. As I am three years in, if I decide to switch mortgage providers, do I pay a pro rata amount or the full sum I received? Secondly,the reason I'm considering switching is that I'm disappointed by the current rates. Ulster bank have a 2.6 rate I would be entitled to, kbc have similar, however the lowest I see is 3. This makes a big difference especially over the coming years and I'm reluctant to stay with bank of Ireland past the 5 years which they seem to enforce if these rates continue, they're not competitive with the other banks and I'm wondering why?
    Hi Dublingirl80,

    thanks for getting in touch here on Boards.

    If you'd like to send a PM with your contact information, and location, we'd be happy to arrange for a Mortgage Specialist to call you and discuss your options.

    You can do this by clicking the link below my signature.

    Please let us know if we can help with anything else.

    Thanks again,
    Jane.


  • Options
    #3
    Dublingirl80
    Closed Accounts Posts: 244 ✭✭Dublingirl80


    Thank you, I'll be in touch.

    Bank of Ireland: Jane wrote: »
    Hi Dublingirl80,

    thanks for getting in touch here on Boards.

    If you'd like to send a PM with your contact information, and location, we'd be happy to arrange for a Mortgage Specialist to call you and discuss your options.

    You can do this by clicking the link below my signature.

    Please let us know if we can help with anything else.

    Thanks again,
    Jane.


  • Options
    #4
    Dublingirl80
    Closed Accounts Posts: 244 ✭✭Dublingirl80


    Hi, boards is not allowing me to pm?


  • Options
    #5
    Bank of Ireland: Kareana
    Closed Accounts Posts: 453 ✭✭Bank of Ireland: Kareana


    Hi Dublingirl80,

    Have you tried clicking the link in the signature?

    Please try this and let me know.

    Thanks,

    Kareana


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