Oscaresque
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http://www.independent.ie/business/...ed-to-explain-plans-on-mortgages-3151623.html
AIB told the Government last night it would offer:
- Trade-down mortgages, where some negative equity is taken on to a new mortgage on a smaller home.
You would be hard pushed to find a house smaller than mine so these new arrangements offered by AIB will not help my situation, or that of other people in small houses/apartments. As i am shortly to go on 6 months of unpaid maternity leave approaching my bank now makes no sense and we will need to wait until I am back earning, however do people think that AIB would offer these negative equity loans to people moving to larger houses but with smaller values to their current mortgage.
AIB told the Government last night it would offer:
- Trade-down mortgages, where some negative equity is taken on to a new mortgage on a smaller home.
You would be hard pushed to find a house smaller than mine so these new arrangements offered by AIB will not help my situation, or that of other people in small houses/apartments. As i am shortly to go on 6 months of unpaid maternity leave approaching my bank now makes no sense and we will need to wait until I am back earning, however do people think that AIB would offer these negative equity loans to people moving to larger houses but with smaller values to their current mortgage.