Dublin mortgage company

Rooney30

Registered User
Messages
2
Got a letter through the post today from this broker.
They are offering a 205 euro saving per month on a 300k mortgage over 30 years if you switch your mortgage with them. I think they deal with kbc.
Instead of the variable rate of about 4.5% that boi and Aib offer! they can offer 3.65% variable if you switch.
My question is what's the catch?
They advertise that they can make the switch free of charge, no legal legal fees etc. and quickly. Sounds a bit too good to be true. I suppose there is nothing stopping kbc jacking rates soon after you switch, but apart from this is there any reason not to do this ?
 
Looking at the rates, that's a variable rate with a LTV of <60% (3.85%) plus switching your current account to KBC to get the 0.2% discount. They do also offer a 3.50% 1 year fixed on all LTV's.

Not sure about the legal fees though and how quickly you can do it. You have to jump through the same hoops to get approved.

Steven
www.bluewaterfp.ie
 
Back
Top