Second property: interest rates

suave.4u · 2019-07-11 14:36:29

Hi Guys, So we finished off our mortgage and wanted to move into a bigger house. I am unable to find the interest rates for 2nd property in sites like bonkers etc. The options are very less. Where can I get accurate information of all banks. What would be the minimum variable payment rate. Regards,

11-07-2019 03:36PM

#1

suave.4u

Registered Users, Registered Users 2 Posts: 1,033 ✭✭✭

Join Date: December 2012

Posts: 917

Hi Guys,

So we finished off our mortgage and wanted to move into a bigger house.
I am unable to find the interest rates for 2nd property in sites like bonkers etc. The options are very less.
Where can I get accurate information of all banks. What would be the minimum variable payment rate.

Regards,

0

Comments

#2 11-07-2019 03:42PM

srsly78

Registered Users, Registered Users 2 Posts: 7,156 ✭✭✭

Join Date: October 2010

Posts: 7094

There is no different interest rate. Bonkers shows what you can expect.

0
#3 12-07-2019 09:30AM

cruizer101

Registered Users, Registered Users 2 Posts: 3,175 ✭✭✭

Join Date: August 2009

Posts: 3048

When you say 2nd property do you mean you want to get a new mortgage for the bigger house whilst keeping the old.
In that case the rates are correct as the rates are for ppr (principal primary residence, I think, basically where you live)
If you were to take a mortgage on a second property which you are not going to live in the rates would be different.

0