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.
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
whats the best company at the moment if you are interesting in switching. Is the bank of scotland offer any good.
Whats the bank of scotland deal?
Thats great. Thanks
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.
let your bank know there's a better deal elsewhere and you're thinking of swithching.
they may match this to keep your business.
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.