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 !!!!!!!!!!!!!
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.