Advertisement
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
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Mortgage - move to lower ltv ratio

  • 19-01-2014 03:07PM
    #1
    Morleystreet
    Registered Users, Registered Users 2 Posts: 225 ✭✭


    Have a mortgage for many years at variable rate (ltv>80%). Hence the variable rate is fairly high.

    The same or different banks have much lower variable rates for (ltv<50%).

    So given I have the mortgage for a long enough time, the current loan balance would now be way less than value of house (ie in the <50% ltv).

    Question is - is there anyway I could avail of the lower variable rate?. Ie get the variable rate associated with a ltv < 50%.

    Thanks.


Comments

  • #2
    KCross
    Registered Users, Registered Users 2 Posts: 12,283 ✭✭✭✭KCross


    Morleystreet wrote: »
    Have a mortgage for many years at variable rate (ltv>80%). Hence the variable rate is fairly high.

    The same or different banks have much lower variable rates for (ltv<50%).

    So given I have the mortgage for a long enough time, the current loan balance would now be way less than value of house (ie in the <50% ltv).

    Question is - is there anyway I could avail of the lower variable rate?. Ie get the variable rate associated with a ltv < 50%.

    Thanks.

    Look here:
    boards.ie/vbulletin/showthread.php?p=93204351#post93204351


Advertisement