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01-03-2006, 09:35   #1
peterwilson
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Switching Mortgage?

Anyone any idea on the current best mortgage rate?
Just been told by First Active mine is changing to 3.81%.
Been with them for 4 years now.
Thanks
pw
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01-03-2006, 09:40   #2
johnnyrotten
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I swithced to the Ulster Bank Tracker which is 3.20% guarenteed never to be 0.9% above ECB. Also it cost nothing to switch, they paid all fees including Legal fees. Pretty painless process really
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01-03-2006, 09:45   #3
galwaydude
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whats the best company at the moment if you are interesting in switching. Is the bank of scotland offer any good.
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01-03-2006, 09:51   #4
peterwilson
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Thanks guys!
Whats the bank of scotland deal?
pw
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01-03-2006, 10:09   #5
galwaydude
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interesting!!

http://www.bankofscotland.ie/index.j...ID=104&nID=109
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01-03-2006, 10:17   #6
peterwilson
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Thats great. Thanks
pw
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01-03-2006, 11:25   #7
daveg
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We checked about 2 weeks ago. Ulster bank tracker was the cheapest if the amount borrowed was less than 60% of the value of the house. Also, as someone else posted, Ulster bank do not charge/or have a set charge for changing mortgage. Otherwise solicitor fees will set you back about a grand. Prima Finance also have a "remortgage" fixed rate fee for refinancing which is very good.
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02-03-2006, 11:02   #8
stp
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Quote:
Originally Posted by peterwilson
Anyone any idea on the current best mortgage rate?
Just been told by First Active mine is changing to 3.81%.
Been with them for 4 years now.
Thanks
pw
let your bank know there's a better deal elsewhere and you're thinking of swithching.

they may match this to keep your business.
 
02-03-2006, 11:11   #9
thegills
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Bank of Scotland have a good deal on their tracker rate. Never more that 1% above the ECB with a 0.55% discount for 2 years. This equates to 2.7% for the next 2 years. They pay about €1k for legal fees as long as you don't move mortgages for 5 years.
You can also revert to an interest only for a period of time if you need cash for something else.
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