Equity Release

[mkem]

Hi, I currently have a mortgage of 130k, was thinking of borrowing an extra 25k to do some renovations & garden design. The house is currently worth 210k approx. My mortgage is a variable tracker with BoI. I would be grateful for any advice as to stay with BoI, or change to another lender. Please help !!!!!!!!!!!!!

 

[LDFerguson]

One option would be to switch to Ulster Bank - they will offer a tracker variable rate of ECB + 0.75%, pay the legal costs of switching and if you finalise the deal before the end of June they'll give you €1,000.

Liam D. Ferguson
www.ferga.com

 

[mkem]

Hi Liam, thanks for you response, I'll give them a shout in the morning. Was told to give Bank of Scotland also. Shoud be a Busy day.