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    "Consumer Commission opposes cap on mortgage rates"

    Ignoring default rates or any other closely related factors, and just looking at the Variable Rate product. I've said it before on these forums. A variable rate means that it should vary, both up and down. If new customers are getting lower variable rates e.g. 3.5% while existing customers...
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    cabot financial letter

    Did they have all the data and was the information in it correct?
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    6 Month Delayed Repayments

    AIB offer the same. 6 month deferred payments at the start. Think there might also be a holiday option mid mortgage too.
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    Obtaining a mortgage from a bank within EU

    I guess the BTL type mortgages are seen as more of a business investment. The replies make sense, with repossession so difficult it's not worth the risk for EU banks to consider us. I wonder would Eire slip by them ;)
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    Obtaining a mortgage from a bank within EU

    Just a thought but has anyone ever tried applying to a bank outside of Ireland but within the EU for mortgage approval. If they have rates as low as 2% , the same euro currency, then why are we not? Or are there some legality issues why we don't? According to the link below: You can in...
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    KBC has decided to stay in Ireland

    Now lets hope they have a big party tonight and get so merry that they drop their Variable rate to 2%
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    Ulster Bank loyalty fixed rate question

    As far as I know each bank may be different. Always a good idea to read the fine print on these as many stipulate a "Roll off Rate" to which you are put on when the fixed term is up. I would have thought you would be put back on variable 3.7% (LTV up to 80%) as opposed to 4.3% seeing as it...
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    Key Post Variable mortgage rates - best buys

    Excluding cash back gimmicks, excluding Loan to Value ratio offers: For your average mortgage customer looking for a mortgage on the value amount of the actual property; Choosing a standard variable rate lender is still no clearer in my opinion. Advice to stay away from KBC as they do not...
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    LTV at the start of a new mortgage

    Quick Question: If one is applying for a new mortgage and purchasing a property for a price they know is lower than the property is worth (seller reduced price on certain conditions of waiting etc) then could the buyer get a <80% LTV from the very start of the mortgage. Or would they have to...
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    KBC selling my mortgage to Cabot Asset Purchases (Ireland)

    I take it KBC did not entertain any one off payment of the shortfall? Why would a bank not take a one off payment from the customer if they are willing to sell to a debt collection agency at what is probably even less than what they would get in a customer settlement. Maybe it's part of the...
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    KBC selling my mortgage to Cabot Asset Purchases (Ireland)

    Thanks Brendan. Have you ever heard if it would be possible to do a deal with the bank before it is transferred over from them to Cabot. They obviously sell these loans at a highly reduced rate. I'm thinking if they sold it for 20% of what is worth, why would the bank not accept 21% settlement...
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    KBC selling my mortgage to Cabot Asset Purchases (Ireland)

    Got a letter in the post from KBC this morning saying they are transferring ownership of my mortgage account to Cabot Asset Purchases Ireland Limited. Date of transfer to be confirmed. All private details will be passed on to Cabot. The mortgage brief history: Sold the mortgaged house in 2014...
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    Should lenders be obliged to offer existing customers the rates on offer to new customers?

    Sick of hearing people saying "switch banks, its the customers fault we're not creating competition". What other bank will take on someone in Negative Equity.. none. And on the earlier point, yes I signed a contract with a bank and if a new person gets a better rate then tough on me. I agree...
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    Negative equity mortgage with Ulster Bank

    Though it may feel like you have to with this simultaneous nonsense they look for, don't rush into buying a house that you don't want just because you feel squeezed by the banks. Easy for me to say I know but you don't want to end up in the same position down the line and trying to move out of...
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    Negative equity mortgage with Ulster Bank

    we are not allowed complete without having another mortgage to move the neg equity to. We had an approval in principle (AIP) lined up for the new house that fell through. Technically it's not having a mortgage until you draw it down and get the "loan pack" as they called it. Maybe if you find...
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    Negative equity mortgage with Ulster Bank

    They got me to sign the RMB agreement when I was selling the property. The probably say you must sell and buy to strop people selling and then being in an unsecured circumstance like mine. i.e. i owe the 50k but theres no collateral i.e. i don't have a house they can take back if i stopped...
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    Negative equity mortgage with Ulster Bank

    Not with Ulster Bank but I had those exact same queries with KBC 2 years ago when I sold my house. How is it possible to sell your home and buy the next simultaneously? It's not. I sold my property for a cash offer above the valuation they carried out with the intent of buying another...
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