WandaVision
New Member
- Messages
- 1
We missed a couple of payments in 2021 and so our mortgage was caragorized as "non performing" when UB sold most of their mortgage book to AIB and PTSB. We were not included in that sale and UB is not telling us where our mortgage is going.
The small arrears of 5k have been recapitalized and we've been meeting Our repayments (overpaying a little) for 12 months. I'm self employed, my husband is PAYE. Our LTV is about 91%, with 295k left to pay over 19 years.
Out fixed rate of 2.6% expires in June. I want to refix now with UB before rates go up again. We've been offered a 4 year at 3.9% or a 7 year at 4.3%. Unfortunately switching before we are sold is not an option as we have those missed payments (covid fallout) in 2021.
What would you do? What rate/term would you fix at? Any guesses as to what will happen to our mortgage,... Probably the only scenario is that oys sold to a vilture.
The small arrears of 5k have been recapitalized and we've been meeting Our repayments (overpaying a little) for 12 months. I'm self employed, my husband is PAYE. Our LTV is about 91%, with 295k left to pay over 19 years.
Out fixed rate of 2.6% expires in June. I want to refix now with UB before rates go up again. We've been offered a 4 year at 3.9% or a 7 year at 4.3%. Unfortunately switching before we are sold is not an option as we have those missed payments (covid fallout) in 2021.
What would you do? What rate/term would you fix at? Any guesses as to what will happen to our mortgage,... Probably the only scenario is that oys sold to a vilture.