N
Did you switch to ptsb already from somewhere else? if you legal costs were paid they may have a clawback clause
Only if they have subsidised or subsumed the legal costs I presume?I know that if you switch to EBS and then switch away from them within five years, they charge 777 euro, maybe its something similar?
Hi Guys
I have recently inquired about changing my tracker mortgage from Perm TSB to the LTV mortgage with NIB.I asked Perm TSB for a closing balance and they said because i was changing i incurred a closing charge around €2000?? Can somebody please tell me if this is correct? I thought this only happens for Fixed Interest Loans?? I have also read through the contract and don't see anything mentioning charges for early payment of the mortgage. Hope you can shed some light on this for me!
thanks
Neil
Not in this case. Are you referring to something else?Fauve - I'd imagine its clawback and/or penalty for breaking out of a fixed rate.
Only if they have subsidised or subsumed the legal costs I presume?
So what you originally said was totally misleading?When i rand PTSB they gave me a closing balance on the Mortgage for that date, it was around 2000 euro higher than the balance in my last statement so i presumed it was some sort of charge.
I asked Perm TSB for a closing balance and they said because i was changing i incurred a closing charge around €2000??
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?