Move house with Avant 1.95% 7yr fixed

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pauric

Registered User
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I’ve 21 years left and 295k remaining on my mortgage. We are considering moving house in next year or two.

We will either move to a cheaper part of the country so mortgage would go down if anything or else we will stay in Dublin and probably need an extra 400k on top of our existing mortgage.

We have 6 years left with Avant and would love to keep that rate, do they have any options to keep that rate and borrow more?
 
The only 'mover' offer for existing Avant customers is they'll waive/ refund your break fee if you take out a new mortgage with them.
At the moment, you wouldn't have a break fee, so there's no benefit to you. So shop around for the best rate when the time comes, and check back with Avant if they've any additional options by then. The best option now might be very different in a year or 2.
You've bigger decisions to make from the sound of it.
 
pauric said:
We will either move to a cheaper part of the country so mortgage would go down if anything or else we will stay in Dublin and probably need an extra 400k on top of our existing mortgage.
Click to expand...

RedOnion said:
You've bigger decisions to make from the sound of it.
Click to expand...

Absolutely agree with Red. Focus on the very big decision. Don't let the comparatively small interest rate decision tail wag the dog.

Brendan
 
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