Hi,
I'm thinking of going with BOI for a mortgage to avail of their 2%+1% cash back offer. If I manage to get my LTV down to 80% I can fix for 5 years at 3.3%. My only concern is what happens next. Their variable rate is terrible at the moment so if I opt to fix again in 5 years should I still get a better rate because of my 80% LTV or would I just have the option of variable or standard fixed rates?
Thanks
I'm thinking of going with BOI for a mortgage to avail of their 2%+1% cash back offer. If I manage to get my LTV down to 80% I can fix for 5 years at 3.3%. My only concern is what happens next. Their variable rate is terrible at the moment so if I opt to fix again in 5 years should I still get a better rate because of my 80% LTV or would I just have the option of variable or standard fixed rates?
Thanks