Brendan Burgess
Founder
- Messages
- 52,117
This is great news for SVR borrowers, I'd thought there was nothing further going to happen, but it does seem the pressure has worked on AIB. I wonder what BofI will do.
I was just wondering the same thing. But to get away from PTSB...I wonder if AIB considers switchers with LTV>80 but not in NE, i.e., is that 80% threshold necessary for switching? Hard to say from their tables and calculators. I would love to defect from the BOI hassle notwithstanding.
Why is AIB's 80%+LTV rate than their SVR?
Are 80%+LTV customers precluded from switching to SVR or something?
Are AIB LTV customers stuck forever with/in the initial LTV bracket?
Thanks for the info.According to their website their SVR product is now discontinued.
All current variable rate products on offer are categorised by LTV.
On this basis I would imagine it is not possible to switch to their SVR.
Not certain if they allow customers to move LTV brackets as they pay down their mortgage and/or their house value increases, would guess no but would like to be corrected on this!
Of course. It seems a bit odd, no?
I see nothing at all odd in treating existing customers well. What is odd is the way in which some lenders fleece existing customers more than they fleece new customers.
Brendan
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