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Mortgage Offer

  • 02-11-2016 9:01pm
    #1
    madmac187
    Registered Users, Registered Users 2 Posts: 671 ✭✭✭


    Sharon, I want to know about foreign currency loan in a mortgage, as I have just been offered a mortgage from BOI, but it comes with the caveat that because my loan will be borrowed in sterling (because I work in UK and paid in sterling) despite me paying loan in Euro my loan will go up if sterling looses more than 20% value.

    Can you clarify this for me please.


Comments

  • #2
    Bank of Ireland: Sharon
    Closed Accounts Posts: 315 ✭✭Bank of Ireland: Sharon


    Hi madmac187, 

    Thanks for getting in touch with us here on Boards.

    It would be necessary to speak with a Mortgage Advisor regarding this and they will be happy to advise on any queries you may have. 

    You can contact our Mortgage Team directly on 00353 1 4044034 or alternatively, If you would like us to arrange a call back from our Mortgage Team, please send us a private message with your full name and contact number and we will be happy to arrange this for you. 

    To send us a private message, please click on the link in my signature below.

    Thanks,

    Sharon


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