Just wondering if there is a minimum amount of time you must maintain a mortgage with either BOI or EBS to keep the cashback sum? I can't see mention of a minimum time under their T&Cs (apart from the extra 1% after 5 years in the case of BOI).
For example, if I took out a mortgage with 1 year fixed rate with either BOI or EBS and availed of the 2% cashback, could I switch after 12 months, or would they try to claw back the 2%?
I'm considering moving to new house with BOI/EBS mortgage, selling existing house over next 12 months, then using that cash to pay off lump sum to bring LTV under 50% and then switching to AIB.
Thanks in advance!
For example, if I took out a mortgage with 1 year fixed rate with either BOI or EBS and availed of the 2% cashback, could I switch after 12 months, or would they try to claw back the 2%?
I'm considering moving to new house with BOI/EBS mortgage, selling existing house over next 12 months, then using that cash to pay off lump sum to bring LTV under 50% and then switching to AIB.
Thanks in advance!