Bank of Ireland - discount on closing tracker

[RugbyBoy]

Hi All,

I am expecting to receive an inheritance soon that could go a long way to clear my mortgage. I am currently on a tracker with the Bank of Ireland

Anybody ever done a deal withBoI for closing a tracker mortgage? as in received a reduction in the amount owing

Thanks
RB

 

[Brendan Burgess]

No. They haven't. And no they won't.

Brendan

 

[Cervelo]

Been there, done that and didn't succeed.

 

[Zebedee]

Also tried it a few years ago. They weren’t interested.

 

[ClubMan]

What you should do is not pay anything for 10 years during which they'll attempt to repossess, you'll get 10 years free accommodation and they'll probably cut you a deal to clear the mortgage.

 

[RugbyBoy]

Kinda figured as much - thanks for the replies