A askU Registered User Messages 246 8 Jun 2015 #1 Please help. I cant find answer on internet. If that offer is drawn down, mortgage can NOT be repaid in less than 60 months (5Yrs) What I’d like to find out is : Is it possible to do say 85 -90% LTV with BOI and then bring it down to 50% after 6 months? Is one stuck at 90% LTV? How long? Link: https://personalbanking.bankofireland.com/borrow/mortgages/campaigns/Cashback-offer/
Please help. I cant find answer on internet. If that offer is drawn down, mortgage can NOT be repaid in less than 60 months (5Yrs) What I’d like to find out is : Is it possible to do say 85 -90% LTV with BOI and then bring it down to 50% after 6 months? Is one stuck at 90% LTV? How long? Link: https://personalbanking.bankofireland.com/borrow/mortgages/campaigns/Cashback-offer/
S shweeney Registered User Messages 430 8 Jun 2015 #2 Is it variable or fixed rate? - I think the cashback offer just means you can't switch to another mortgage provider for 5 years (even then, I'm not sure how they enforce the condition).
Is it variable or fixed rate? - I think the cashback offer just means you can't switch to another mortgage provider for 5 years (even then, I'm not sure how they enforce the condition).