Top up tracker mortgage

Kizzy

Registered User
Messages
23
Hi I was just wondering if anyone could give me some advice.

I have a tracker mortgage with Halifax for about €130k...house is worth double that.. I would love to put a small ground floor extension at the back of the house...my question is if I topped up my mortgage would I have to change from the tracker to a variable or fixed rate..or would I still be able to keep it ? I dont want to lose the tracker rate

Thanks for all the replies...
 
The rate applicable on your existing mortgage will remain a tracker, you wont be able to avail of a tracker for the top up.
 
Thanks a lot Molly for the reply...at least I wont have to switch to a variable for the whole lot. If I understand you correctly it will just be the top up that would be a variable rate...I'm not great at working the maths out !
 
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