The Oggster
Registered User
- Messages
- 167
I'm leaning more towards AIB now. We currently have a joint account with KBC and pay all joint expenses out of it. Looks like we can get fee free banking by paying our mortgage out of it. We then have the likes of N26 for our own accounts so at least we would still have an Irish B&M bank if we needed to deposit cash or anything like that.Hi there,
I'm in a similar position, thinking of switching to avant or AIB. I asked the mortgage advisor with AIB over the phone if we could overpay. He said no but didnt seem to sure. He advised fixing most of the mortgage and having a small part variable and to overpay the variable bit. I'm not sure what to do.
Hi bish,Updates - switched to AIB green mortgage at 2.1% fixed for 5 years. Could go for Avant but I am done switching and wanted to stay with one of the pillar banks. To my nice surprise, the fixed term breakage fee charged by Ulster bank was merely €100 even though I still had almost year left in fixed term.
2.5% fixedHi bish,
What rate were you on with UB?
Regards,
Gordon
What’s your capacity for overpayments?Hello, can you help should I choose Avant @ 2.2% fixed 5yr or 7 yr or AIB fixed 5 yr @ 2.15% with €2k cashback.
29years left
279k outstanding
LTV 79.9%
Thanks for helping.
At the moment I can afford overpay by 200 euro per month until such time as circumstances change.What’s your capacity for overpayments?
@Paul F@Interest% Is there any chance that your Building Energy Rating (BER) is B3 or better?
For your LTV and balance, AIB's best product is a 4-year fixed rate of 2.2% (not 5 years at 2.15%).
Firstly, you are eligible for AIB's green rate, which is fixed for 5 years at 2.1%, and gives €2,000 cashback. If you go for that product, in five years' time you will be better off by about €3,500 (versus either of the Avant 2.2% options).@Paul F
I have A3 rating so i can avail of AIB green fixed at 2.15% Or should I choose Avant 5 or 7 year at 2.2% ?
Dont count on Avant being a committed player here long term, its my understanding, Avant are here in Ireland to help itself with a specific asset liability duration matching issues it has at the parent related to its insurance subsidiary and Ireland provided a unique opportunity in the European/EURO area to net some of those liabilities off (given our high rates vs Euro rates). If underlying ECB/sovereign rates rise in the core EU area and Avant can pick up 2% paper there it will.
I heard it is at 1 month stage.When do we get €2000 cash back from AIB after switching. Its almost three weeks we switched but no sign of cash back yet. Do I need to remind them ?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?