affordable home remortgage - cork county council

juannjo

Registered User
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30
Hi

I am paying e643(includes death/serious illness mortgage insurance of e57) a month
on balance of e114000 @ 23.5 years approx to Cork CoCo

Recently sought a remortgage from Cork CoCo to NIB but the parties did not reach agreement on priorty of clawback.

Has anyone had any success in switching from Cork Coco?
Also, is posssible to switch the mortgage insurance?

Based on my expierence, my advice to any future affordable home buyers is to use those banks that support the scheme for the mortgage instead of local
authoritoes as it may offer more flexiblity in future switching/equity release.
 
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