BOI 2% Cashback

D

dino

Registered User
Messages
157
Hi,
I'm currently buying a new house and selling two properties, my PPR and a rental.
I'm hoping to be in a position to clear my new mortgage in a year to 18 months once both properties are sold. I have applied to BOI and their 1 year fixed rate looks good and I would get 2% cashback.
If I pay the mortgage back early, is there a clawback?
I read some T's& C's on their website but there is no mention of it.
 
No, it'd be in breech of the mortgage credit directive to have a clawback. That's why they and EBS introduced the additional 1% cashback at the end of 5 years.
 
That's great. I'll use the cashback to reduce the mortgage repayments for the year so.
 
You must log in or register to reply here.
Back
Top