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We can overpay on both options. They told me the extended term doesn't really matter because when the CU loan is gone we can overpay and clear earlier anyway, which I get. Property value is approx. €320k. I have to say I love the idea of paying the full mortgage and moving the warehouse over...

I've posted here before about our situation. Below is the synopsis I posted for Brendan in 2022. We have been fixed at 3.7% for the past 5 years since moving from PTSB and this is ending shortly. Pepper has advised our new rate is 8.36%. Horrible. We have approached them for a reduction and...

Original split 1) Which lender PTSB, since sold to Pepper 2) Date of split 2013 3) Amount of split €175k active, €82k warehouse 4) Were you on a tracker or normal mortgage rate? Normal, currently 3.7% 5) What age will you be when your mortgage term ends? Myself 65, himself 72 :eek...

Thank you Brendan. This makes sense now seeing it all written down like that. We will leave things stand as they are. Our biggest fear at the mention of vulture funds is that they would seek to repossess the house. It is a relief to hear that they can't. We weren't ever in arrears with our...

We didn't have a review. They wrote to us saying something along the lines of 'it should be reviewed' but neither they nor we did anything further. Balance on mortgage we're currently paying is c. €160k and the warehoused amount is €82k.

This is interesting, thanks for posting Brendan. We too have a split mortgage since 2013 with PTSB. While I wouldn't say we've fully recovered financially, we are well on our way. We don't intend trading up in the near future, rather extending. We are on a variable rate of 4.3% and are in...

Thank you both for your replies, apologies I thought I had already thanked you. We went with VHI in the end.

We currently have our two children insured with VHI with no cover for ourselves. We want to have ourselves added and VHI will waive the 26 weeks exclusion period as we already have the policy with the kids on it. We don't need much day to day cover but would like access to private hospitals in...

We certainly won't be in a position to switch for the foreseeable future. We've a split mortage and are saving separately monthly to eventually pay down the warehoused element while it's sitting as an interest free loan. No, but she has said that if she knew I had taken it last year she would...

We had our house valued last year and moved from 4.5% to 4.3% with PTSB. Just talking to a colleague today and they're only doing it now. They didn't trust the bank, still don't, but they want a lower rate. They felt that the bank wasn't going to offer them a saving unless there was a catch...

I've been checking prices for next year for this resort too. It does clearly state that I am getting quotes based on 2016 rates and 2017 rates may increase. If you cancel with more than 30 days to go you lose 10% of your deposit. The deposit rate I was quoted (20%) was around €230 so I'd be...

We each have individual accounts and one joint account. Both salaries are paid to the joint account which pays for everything household and children related and our individual accounts are for our pocket money. We take the same amount each week and do what we like with it. OP, if you're both...

We got our mortgage split a couple of years ago due to difficulties in repaying the full mortgage amount. Things have thankfully turned around for us and we have increased in our income as well as clearing some loans. I'm not planning on ringing PTSB to voluntarily start paying interest on the...

It turned out for us there was a leak coming from the bathroom upstairs. It was easy enough to repair thankfully. Thanks for all the replies.

We bought our house new in December 2006. It was a new development and the developer has since gone into Receivership. I have recently noticed what appears to be rising damp on the wall in the hall behind the front door. I can see the patch coming up behind the skirting and some of the paint is...

No probs. It's a relief that we have this option, but I'm still getting my head around the idea. When we were first offered the split mortgage I was against it. It's such a permanent thing. I know that's the idea but in my head we just needed short term assistance and then we'd be fine...

Thanks for your input. We would certainly start putting more money aside now as we would hope to have another baby in the next year or two. 112 months = 9.33 years 295 months = 24.58 years. Once the credit card is paid off we'll be getting rid of it. There's no need for it and the...

I have posted previously about our situation but we have now been formally offered a split mortgage. We are unsure of how to proceed and would love some advice. Our details are as follows. Personal and income details Net (i.e. after tax) Income self: €1613 pm part time employment, private...

Just reading on here about split mortgages and wondering if that would apply to us in our situation?

At the end of last year I agreed a lower repayment amount on my credit union account for three months after my husband lost his job. I spoke with the credit control department and it was agreed I would repay €150 for three months rather than the scheduled €225. I received a letter stating same...