Question:
1. If I was to sell my house right now, then in Aug/Sept AIB decide to give us all tracker rates for the remainder of the mortgage, then i presume we have no entitlement to anything further because our mortgage would have been cleared with the sale of the property?
2. Do we have any idea when a decision will be made on whether or not the tracker rate will be applied to those affected?
Hypothetically, if we were to sell right now today and miss the benefit of the tracker rate and subsequent early payoff of our mortgage, then we might be making a huge mistake, in that we could have a property asset with no mortgage a lot sooner than we ever thought.
Any advice appreciated?
1. If I was to sell my house right now, then in Aug/Sept AIB decide to give us all tracker rates for the remainder of the mortgage, then i presume we have no entitlement to anything further because our mortgage would have been cleared with the sale of the property?
2. Do we have any idea when a decision will be made on whether or not the tracker rate will be applied to those affected?
Hypothetically, if we were to sell right now today and miss the benefit of the tracker rate and subsequent early payoff of our mortgage, then we might be making a huge mistake, in that we could have a property asset with no mortgage a lot sooner than we ever thought.
Any advice appreciated?
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