best buy mortgage?

there used to be a sticky....

anyway... i'll be comming out of a boi fixed mortgage in a couple of months, 3.95.

so, i've missed out on the low rates at the mo.

after ptsb have raised there rates, it's seems that the rest will follow suit....

is there any way to fix, while you're coming to the end of a fixed mortgage?

i mean... is there any room for negotiation? last time i rang i was told there would be a 8k fine for breaking out of the mortgatge......

paperclip said:

i mean... is there any room for negotiation? last time i rang i was told there would be a 8k fine for breaking out of the mortgatge......

Click to expand...

Only your bank can answer this, we can just speculate.

Have a look at your loan offer, depending on when you took out the mortgage, you may be lucky and have the option to revert to a tracker at the end of the fixed term.


www.moneybackmortgages.ie

it was a tracker before i fixed, 3 years ago.

from what i remember, trackers are in and around +1 of the ecb rate...

can the banks raise this rate, like they seem to be doing with varibale rates?

are banks less likely to offer trackers these days?

cheers

Banks cannot raise tracker rates unless the ECB raises rates, therein lies their beauty.

Trackers have been discontinued, if you can get one, take it.

well, i've been with them 5 years... so i'm sure there'll be room for negotiation...

Do you know the rates that apply to a rental property on an interest only mortgage.