HI Brendan again!
I asked your opinion back in early Dec on below and you advised that with low margin to stay on tracker....however, with unprecedented ECB increases, am now looking for updated advice! I am staff and wonder what you think about going on the staff rate of 3% but I'm a bit worried what BIK could cost us and therefore wondering if we would be better off fixing at 5 year LTV @ 3.35%?
On a tracker mortage with AIB: ECB + 0.75%
2) Amount outstanding on your mortgage
€144k on the tracker (also €99k on fixed rate of 2.15 for 4 years)
3) Remaining term 16yrs on tracker (14 years on fixed)
4) Lender AIB
5) Value of your home 650k
6) Might you trade up or overpay your mortgage? No
7) Do you face any barriers to switching? E.g. an impaired credit record, a mortgage with a warehoused portion due to a restructuring, reduced income since you took out your mortgage. No. Note, am AIB staff
8) What rates are you considering fixing at? Not sure....all fixed rates are now so high.
9) Does your house have a high BER rating which might qualify it for a lower rate? No
I asked your opinion back in early Dec on below and you advised that with low margin to stay on tracker....however, with unprecedented ECB increases, am now looking for updated advice! I am staff and wonder what you think about going on the staff rate of 3% but I'm a bit worried what BIK could cost us and therefore wondering if we would be better off fixing at 5 year LTV @ 3.35%?
On a tracker mortage with AIB: ECB + 0.75%
2) Amount outstanding on your mortgage
€144k on the tracker (also €99k on fixed rate of 2.15 for 4 years)
3) Remaining term 16yrs on tracker (14 years on fixed)
4) Lender AIB
5) Value of your home 650k
6) Might you trade up or overpay your mortgage? No
7) Do you face any barriers to switching? E.g. an impaired credit record, a mortgage with a warehoused portion due to a restructuring, reduced income since you took out your mortgage. No. Note, am AIB staff
8) What rates are you considering fixing at? Not sure....all fixed rates are now so high.
9) Does your house have a high BER rating which might qualify it for a lower rate? No