What should I be getting?

  • Thread starter Bricks and Mortar
  • Start date

Bricks and Mortar

Mortgage on house is 236k. House worth 380k. LTV is 62%. This is currently owned by me and my sister on annuity mortgage.

We now want to release equity up to 85%, about 80k. What lenders will allow this?

We also want to go interest only. What interest rate should I be paying? We are with AIB at the moment and they are quoting about 3.6-3.8% to go interest only- this seems way to expensive.