I might be in a situation where I couldn't easily switch mortgage providers easily in the future - so was wondering - if I were to do one last switch now, what bank should I go to? LTV under 60% and might decide to move out in a few years and rent it out.
The criteria that I have in mind:
Based on the criteria above, I know Avant has low rates: 1.95% for under 60% LTV for up to 7 years - but there's very little information I assume on how they treat existing customers as well as no track record lowering rates - given their recent arrival.
From the remaining banks, what would be the top options? (Would: 1.AIB, 2.BOI, 3.PTSB be the order? )
Thank you!
The criteria that I have in mind:
- How the bank is treating existing customers / if the offer the same rates to new/old customers (will low rates be available without switching?)
- History of competitiveness around rates (Has the bank consistently competed on rates in the past? Or do they usually lower rates once a decade, do a huge PR push and then just leave at that level while competitors rates go down?
- Low rate options over longer periods
- Not needing to switch to BTL rates if letting the property at some point in the future
- Ability to overpay the mortgage (I am Ok with break fees on the overpayment lump sum - is that an option with all banks?)
Based on the criteria above, I know Avant has low rates: 1.95% for under 60% LTV for up to 7 years - but there's very little information I assume on how they treat existing customers as well as no track record lowering rates - given their recent arrival.
From the remaining banks, what would be the top options? (Would: 1.AIB, 2.BOI, 3.PTSB be the order? )
Thank you!