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Investor Io Mortgage due to go Capital & Int

skipper57 · 2012-02-22 18:24:53

Hi, Just wondering if anyone has had any experience with the main Irish banks as to how they deal with tracker interest only residential investment mortgages going onto capital & interest? Obviously the mortgages are in major negative equity. Any info much appreciated.

22-02-2012 6:24pm

#1
skipper57

Registered Users, Registered Users 2 Posts: 8 ✭

Join Date: November 2009

Posts: 5
Hi,

Just wondering if anyone has had any experience with the main Irish banks as to how they deal with tracker interest only residential investment mortgages going onto capital & interest?
Obviously the mortgages are in major negative equity.
Any info much appreciated.

Tagged:

negative equity nightmare

0

Comments

#2 22-02-2012 8:12pm

chris85

Registered Users, Registered Users 2 Posts: 4,502 ✭✭✭

Join Date: June 2006

Posts: 4193

skipper57 wrote: »

Hi,

Just wondering if anyone has had any experience with the main Irish banks as to how they deal with tracker interest only residential investment mortgages going onto capital & interest?
Obviously the mortgages are in major negative equity.
Any info much appreciated.

I dont understand exactly. Are you on interest only and want to go onto C&I or are you contractually due to go onto C&I and want to stay on interest only?

0