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  1. R

    My principal is not reducing

    Hi Brendan, yes I definitely don't don't want to lose my tracker. I do have another debt (mortgage on my home) but this is a much older tracker at a rate of 1.150%. My main concern at continuing paying interest only is the 211K debt at the end of the full term on a house which is currently...
  2. R

    My principal is not reducing

    Hi joe, thanks for the reply, so basically, when I requested to come off interest only fixed after 2 years and chosen an investment tracker and I have ended up with an interest only payment structure on my investment tracker. The phrase Interest only is mentioned nowhere in my documentation but...
  3. R

    My principal is not reducing

    Hi guys, I have an investment property purchased in June 2007, there was €211,500 borrowed from the ptsb. The 25yr mortgage was initially interest only for first 2 years @ 4.99% (€879pm). After 2yrs I switched to a residential investment tracker @ 3.35% (€591pm). At year end 2014 the mortgage...
  4. R

    commercial rates

    Rates due on vacated premises My commercial office in dublin 2 has been prone to flooding, its flood 4 times in 2years. My landlord has failed to resolve the problem so we have moved office at the end of february 2013. We have paid 2013 rates for our new office but the rates office say we are...
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