Anyone know the Irish Nationwide/IBRC mortgage rate?

Discussion in 'The IBRC Mortgage Holders Group' started by Brendan Burgess, Feb 12, 2013.

  1. Brendan Burgess

    Brendan Burgess Administrator

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    Anyone out there with a home loan from the former Irish Nationwide?

    What rate are you paying?

    Brendan
     
  2. mark71

    mark71 Frequent Poster

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    141
    3.65% mine is.
     
  3. principle1

    principle1 Frequent Poster

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    14
    Hey Brendan I'm told my Rate is 3.95 % but I am currently disputing this as my monthly repayments on a balance of €62,000 with 8 years left on a 20 year mortgage is €801.45 per month
     
  4. rameire

    rameire Frequent Poster

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    352
    Balance 62k exact
    Term 96 months
    Rate 3.95
    Repayment is 754.29

    You sure your details are correct
     
  5. Brendan Burgess

    Brendan Burgess Administrator

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    Hi Principle

    Did you get a letter from IBRC with a notification of a rate change?

    Are there any complicating issues such as arrears or insurance?

    The Irish Nationwide system was extremely prone to error, so you should pursue this.
     
  6. sahd

    sahd Frequent Poster

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    607
    What was the original mortgage amount ?
     
  7. Brendan Burgess

    Brendan Burgess Administrator

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    This is not relevant.

    We need to know

    • The current balance.
    • The term left
    • The interest rate
     
  8. Fee Bee

    Fee Bee New Member

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    2
    Hi Brendan

    Our Nationwide interest rate is 3.65%.

    I heard you on the radio this morning suggesting that if IBRC are going to sell the mortgages off at big discounts, they should offer these discounts directly to customers. Our mortgage has €20,000 outstanding. Who should we talk to about getting a discount if we pay it off. I phoned IBRC mortgage redemption line and they seem to have a script and said there is no discount.

    Thanks you.
    Fee
     
  9. Brendan Burgess

    Brendan Burgess Administrator

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    25,336
    Hi Fee

    I presume that there is no discount, but I think that IN borrowers should start campaigning for this. It makes no sense for IBRC to sell your mortgage to someone else at a discount. Why not give it to you instead?

    Brendan
     
  10. Fee Bee

    Fee Bee New Member

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    2
    Thanks Brendan,

    I agree - the customers deserve the discount. But where best to target campaigning? Would be grateful for suggestions.

    Fee