A teaser: 30-7-2005 100% mortgages from First Active!

S

Sarah W

Registered User
Messages
1,174
Watch out for an announcement tomorrow which will be the biggest news in the Irish mortgage market for years....

My lips are sealed.

Sarah

www.rea.ie
 
Last edited by a moderator:
Re: A teaser

Dont do that to us, that's so unfair!! Give us a hint.....is it good news?!
 
Re: A teaser

its the EBS Tracker and Current Account Mortgage and €1000 towards the cost of changing over to it
 
Re: A teaser

Sarah W said:
Watch out for an announcement tomorrow which will be the biggest news in the Irish mortgage market for years....

My lips are sealed.

Sarah

www.rea.ie
Click to expand...

go on, go on, go on, go on... you will , you will , you will, you will...

give us a hint or the kitten gets it....
 
Re: A teaser

Sarah W said:
Watch out for an announcement tomorrow which will be the biggest news in the Irish mortgage market for years....

My lips are sealed.

Sarah

www.rea.ie
Click to expand...
`


[font=Verdana, Arial, Helvetica, sans-serif]First Active is to offer first-time buyers a mortgage covering 100% of the value of a home.[/font]

[font=Verdana, Arial, Helvetica, sans-serif]The bank says that, based on a 92% mortgage, a first-time buyer would be left €20,000 short of the purchase price for a home valued at €245,000.[/font]

[font=Verdana, Arial, Helvetica, sans-serif]First Active's head of marketing Brendan O'Hora said many first-time buyers could afford to repay a mortgage on the full value of their home, but were unable to get a 100% mortgage. [/font]

[font=Verdana, Arial, Helvetica, sans-serif]First Active says customers may initially be required to fund items such as a booking fee or a deposit. But, on closing the sale, the mortgage cheque drawn down will cover 100% of the value of a home.[/font]

[font=Verdana, Arial, Helvetica, sans-serif]The lender says the 100% mortgage will be available across its suite of mortgage products.[/font]
 
Re: A teaser

Yup - 100% mortgages from First Active! No more "dreaded deposit" threads, no more "is an engineer considered a professional" threads!

It'll be interesting to see how long it takes the other lenders to react.

Sarah

www.rea.ie
 
Re: A teaser

The insane in headlong pursuit of the insolvent .
 
Re: A teaser

Will they be charging a higher interest rate than their other mortgages?
Could have saved myself three months of eating beans on toast for dinner if they had brought it out sooner
 
Re: A teaser

Nope, it's available on a special tracker rate of ECB + 1.25% or the current account mortgage, the discounted or standard variable and 2 or 3 year fixed rates of 3.44% or 3.54% respectively. Only the one year fixed is excluded. No one bed or studio flats, no guarantors.

Sarah

www.rea.ie
 
Re: A teaser


when are they starting it ?
 
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