If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

BOI selling off ICS

Thanos · 2010-04-16 08:48:45

Just heard on the news this morning that BOI is going to be selling off different parts of its business and ICS is one of them. Just wondering if people think this will have a knock on effect on any of us with a mortgage with ICS and if so what is that likely to be...........................?

Options

16-04-2010 9:48am

#1

Thanos

Registered Users Posts: 1,389 ✭✭✭

Join Date: February 2009

Posts: 1327

Just heard on the news this morning that BOI is going to be selling off different parts of its business and ICS is one of them.
Just wondering if people think this will have a knock on effect on any of us with a mortgage with ICS and if so what is that likely to be...........................?

0

Comments

Options
#2 16-04-2010 9:58am
seamus

Registered Users Posts: 68,317 ✭✭✭✭

Join Date: July 2001

Posts: 67070

It will have little or no effect on your mortgage with ICS. The term, etc will be maintained as is. However, you will be subject to changes in the variable rate of whatever company buys ICS.

If you're on a fixed rate or a tracker, you basically won't notice any difference at all.

0