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Thanks Brendan and Dave, that’s very helpful.

We have an existing BoI tracker. We want to trade up and carry our existing balance to BoI’s tracker plus 1 percent product. I approached a broker about assisting us with this but was told that for regulatory reasons BoI is prevented from working with brokers at the moment? This seems odd to...

That’s comforting about being unlikely to lose the rate, thanks Peemac.

We have been wondering that ourselves. The issue is that our jobs require us to work offshore for a few years and then return for a few years and then go away again so we are going to have to rent out the house at some point, whether now or later. We are also quite keen on looking at a house...

Is anyone aware of whether you lose the BOI’s tracker rate (+1%) if you subsequently have to rent out your principle primary residence? We are keen to trade up, and avail of the BOI’s offer to maintain our tracker plus 1%, but we know that we may need to move overseas temporarily some time in...

Thanks very much, this is really helpful. We're with Bank of Ireland. I'll see what they have to say.

Even with a variable rate mortgage? Not sure I follow you here entirely.

bingo, that works thanks! so now a second question, does the lump sum payment have to shorten the life of the mortgage and keep the monthly payments the same, or can you reduce the size of the monthly payments and keep the same 30 year term?

http://www.jeacle.ie/mortgage/ie/

hmmmm, still not working, as soon as I click in another cell the month and year I have just typed (either in start month or finish month) disappear - and that's it i am on a mac, perhaps that's the problem

Thanks everyone very much for your posts. Re the investment property: The investment property is on an interest only tracker variable rate mortgage, currently 4.9. At present, after management fees, building fees, insurance etc we're losing money on it - around 200+ euro a month. Based...

I'm having trouble with this. I can see from the instructions that it should be possible to calculate the impact of making a one off lump sum extra repayment but nothing happens when I enter the sum and the month of the repayment. Am I missing something?

Struggling is probably not the right word. It's more a fear that we may be too highly geared and won't have enough flexibility if our property related outgoings go up at all. (eg if interest hikes happen or if our investment property were untenanted). The big question for me is the high LTV...

Sorry, I've just done another search, this time spelling advisor (adviser) correctly! I have read Brendan's general advice and comments, thanks. His general point is to avoid them and use this site, so all comments are all the more welcome.

Annual gross income from employment or profession: combined 92K Expenditure pattern: In general are you spending more than you earn or are you saving? Yes. Mortgage repayments are high Rough estimate of value of home: 560K Mortgage on home: 360K Mortgage provider: BOI Type of...