Hi all,
We have two mortgages on our family home.
PTSB Tracker Mortgage ECB + 1.1% with €219K left - finishes in 2033
PTSB LTV 70-80% @ 4% with €71K left - finishes in 2034
Overall LTV is 72%
The reason there are two mortgages is the house was self-build and the original amount didn't cover the final build costs. So we extended the mortgage with a second one to cover the final cost.
What I am wondering is, is it possible to switch the second mortgage to a different Bank and take advantage of the 3-5 Fix rates that are currently on offer?
Would there there be issues with having two different banks on the same property?
Appreciate any info.
Regards.