We have a variable interest rate of 4.95% on our PPR with Ulster Bank.
We have €59,000 left on the mortgage and as the balance outstanding is than 1/2 of the value of our house (the house is valued at €265,000),is it true that the lender should give us the ECB rate + 0.5%? Ulster Bank have said the best rate that they'll give is 4.75%
We have €59,000 left on the mortgage and as the balance outstanding is than 1/2 of the value of our house (the house is valued at €265,000),is it true that the lender should give us the ECB rate + 0.5%? Ulster Bank have said the best rate that they'll give is 4.75%