Risk to PTSB & EBS trackers

I

iceblue

Registered User
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29
We have our current PPR joint mortgage with BOI.

We also have a property each, which were purchased 10 years ago prior to becoming a couple. While they were purchased and used as PPRs at the time, they are now both rented out. We did not inform the banks when changing them from PPR to rentals and have thus far retained the original tracker rates for both.

  • Property 1 owned by Spouse A. Tracker with EBS.
  • Property 2 owned by Spouse B. Tracker with PTSB.
Would we lose the trackers on these properties if we were to apply to EBS or PTSB for a cash-back switcher mortgage on our current PPR. Are we better off just staying away from these banks and focusing switching on other banks.
 
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