AIB classified my home as an investment mortgage?

Discussion in 'Mortgages and buying and selling homes' started by Truthful, 3 Jan 2019.

  1. Truthful

    Truthful New Member

    Posts:
    1
    Hi i availed of ltv with aib, just checking if anyone else has. The bank had my mortgage listed as an INV after i contacted them amd told them it is PDH, they chsnged it back but now i see they have posted LTV as mortgage type.surely this is wrong as it is meerily the int rate as opposed mortgage type. ???
     
  2. Brendan Burgess

    Brendan Burgess Founder

    Posts:
    36,352
    Hi Truthful


    I understand that their classification for home loans is either SVR (Standard Variable Rate) or LTV.

    So LTV implies that it is your PDH.

    Can you explain what you mean by "I availed of Ltv"

    Were you on a SVR or on an LTV before the change?

    Did they write to you or did you contact them?

    Brendan