We bought a house in South Dublin last year with a BoI mortgage at 4.5 percent. It has increased in value since then and we think the loan to value ratio is around 60percent now.
We are considering switching to KBC, it looks like we could get a variable rate of 3.75percent with them or 3.55percent if we changed our current account to KBC. This would mean a sabing of around 100e a month on our mortgage repayments.
We informed BoI that that we were considering switching and they have come back with an offer of 4.2 variable or 3.95 for a 5 year fixed.
Any thoughts on the pros and cons of switching? I don't know what KBC are like to deal with? Do they have good internet banking?
We are considering switching to KBC, it looks like we could get a variable rate of 3.75percent with them or 3.55percent if we changed our current account to KBC. This would mean a sabing of around 100e a month on our mortgage repayments.
We informed BoI that that we were considering switching and they have come back with an offer of 4.2 variable or 3.95 for a 5 year fixed.
Any thoughts on the pros and cons of switching? I don't know what KBC are like to deal with? Do they have good internet banking?