A tv ad from Ulster Bank caught my eye earlier so I’ve checked out their site and have requested a call back.
Current situation- LTV of 71% on a property very recently valued at €420,000. Mortgage is with PTSB on SVR of 3.7%. We’re currently overpaying so term of 19 years but should be done in 14.
UB’s site is giving me a quote of 2.6%, fixed for four years.
Obviously won’t be able to overpay but can fix based on repaying within 14 years, or keep to the 19 and then have a lump sum when the 4 years ends that should be beneficial when shopping around at that stage.
Too good to be true?
As an added complication, we’re still trying to establish if we are part of the PTSB tracker issue (came off fixed rate to only be given offer of very inflated tracker rate which was prohibitively expensive when compared to the SVR they also offered). This has been going on now for over three years and even struggling to get Paraic Kissane’s office to respond to me to not holding out much hope and sick of being in limbo.
Current situation- LTV of 71% on a property very recently valued at €420,000. Mortgage is with PTSB on SVR of 3.7%. We’re currently overpaying so term of 19 years but should be done in 14.
UB’s site is giving me a quote of 2.6%, fixed for four years.
Obviously won’t be able to overpay but can fix based on repaying within 14 years, or keep to the 19 and then have a lump sum when the 4 years ends that should be beneficial when shopping around at that stage.
Too good to be true?
As an added complication, we’re still trying to establish if we are part of the PTSB tracker issue (came off fixed rate to only be given offer of very inflated tracker rate which was prohibitively expensive when compared to the SVR they also offered). This has been going on now for over three years and even struggling to get Paraic Kissane’s office to respond to me to not holding out much hope and sick of being in limbo.