Hi SINED, I have a simular circumstances, I have a 0.85 Tracker with Ulster 157K. I am on notice with my employer and my redundancy will put me in a position where I can pay off the outstanding balance. As my rate is so good I think that I would be crazy to do so unless I get some sort of discount (thinking >10%). Like you I have written to them on two occasions asking for a discount to settle but have only been offered a settlement figure for the full amount outstanding. It would seem you have to be in a default position before they will negotiate with you. I think I will write to them again when I finish work but after that I guess i'll have to sit and wait to see if they make a general offer simular to PTSB. Would be interested in others peoples opinion on this,