Mortgage Interest rate

ChoKuRay

Hi, I heard an article on Newstalk earlier this evening about shopping around for better interest rates. I am currently paying 4.3% variable which apparently is higher than most other banks are offering. How easy is it to Change to a better rate with BoI? I have banked with BOI for35years so would love to stay with them but if I can get a better rate elsewhere I will have to change. is this worth following up and am I better to go inot my local branch or enquire by phone?

Carrick1974

Hi, check out this link on the BOI website

https://personalbanking.bankofireland.com/borrow/mortgages/articles/existing-customer-want-to-change-the-interest-rate-on-your-mortgage/

Bank of Ireland: Aisling

Hi ChokuRay,

Thanks for getting in touch with us here on Boards.

The above information would be correct, you can certainly request to amend your interest rate by following the link I have attached here.

There's no need to call or pop in to branch, it can all be completed online.

Thanks, Aisling.