Mortgage switching

buachaill

Registered User
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1
Can anybody please tell me if there are any lenders will to take on a switcher mortgage, I am with pepper this six years never missed a payment and my rate is 6.25% they will not entertain a rate reduction and can not even supply a proper email addr for correspondence.
 
It would depend also on how much you wist to borrow. The value of the property. Your earnings. Job security. It would be like apply n for new mortgage.
 
Buachaill;

Pepper @6.25% looks like you had a sub-prime type mortgage.
As you say you are paying away so they have no need nor wish to reduce to circa 4.5%.

I do not know what you owe? are you in positive equity? are you in a secure job?

Call into BOI or Ulster or KBC , arrange an informal appointment with a Mortgage advisor. Given you have 6 clear years payments they will at least listen and should point you in correct direction.Do not be too disheartened if you meet a twit in any Bank, persevere , since 2% is a lot of money.
If you have good equity , good payment history, etc you are the type they want.
 
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