Hi all,
I'm in the middle of a switch from BOI to AIB and getting worried about missing out on rates.
Currently on SVR with BOI 3.9% (having just ended 2.9% fixed) and moving to AIB 5yr green rate of 2.15%, offer letter has been issued to solicitor yesterday but there are still an unknown number of weeks to go before switch actually happens. The process with AIB has been painfully slow so far and I'm sure to expect this won't improve in the final stage.
My question is should I re-fix with BOI as a hedge against AIB raising their rates prior to the switch happening or will I likely face a breakage fee if all still goes ahead as planned?
I'm in the middle of a switch from BOI to AIB and getting worried about missing out on rates.
Currently on SVR with BOI 3.9% (having just ended 2.9% fixed) and moving to AIB 5yr green rate of 2.15%, offer letter has been issued to solicitor yesterday but there are still an unknown number of weeks to go before switch actually happens. The process with AIB has been painfully slow so far and I'm sure to expect this won't improve in the final stage.
My question is should I re-fix with BOI as a hedge against AIB raising their rates prior to the switch happening or will I likely face a breakage fee if all still goes ahead as planned?