Half fixed / Half tracker

[minion]

Someone asked me the following question today but i was stumped.

"If you are already on a tracker can you change to half on the tracker and half at a fixed rate".

Ive never heard of such a product, but id imagine the banks would go for it. At least the have a person on only half a tracker.

It also gives the person the option of making overpayments on the variable side if they want.

Is there any such product?

 

[WaterSprite]

AIB told me the other week that you can fix any portion of the mortgage and leave the rest on variable - seemed pretty standard. No trackers though as far as I'm aware.

 

[micheller]

AIB also advised me that I could not fix half my mortgage and keep my current .75% tracker for the other half.
I would have to move completely to half fixed, half SVR.

 

[minion]

Than ks for the info.
What kind of rates were they offering for fixing?

 

[WaterSprite]

It'll be on their website - from recollection, 2-year fixed is about 2.85%. 1 year fixed is slightly higher.

 

[micheller]

10 year fixed is 4.25% but have been advised they will change April 16th...