20 years fixed rate mortgages?

[RedOnion]

Is there a reason Irish banks don't allow you bring your mortgage with you

They do, or at least some of them do.
I know for example that KBC will let you move an existing fixed rate to a new property. I believe other banks will also, but it's the only one I've actually seen because I looked at it detail for someone.

It's just that with such a low penetration of fixed rates, and a history of reduced 'new business' rates, there's not usually much benefit to the customer (except for tracker rates of course)

 

[Brendan Burgess]

Some Irish lenders do allow borrowers to port their fixed rate mortgage to a new house.

Or they charge a fee and then refund it if the borrower buys a new house and resumes the fixed rate.

Brendan

 

[FCBC12]

Interesting thread this. Two questions, and apologies in advance if I'm missing something.

(i) Given the significant increase in money supply during 2020 to help combat Covid, are interest rates likely to go up in the near future when economies 'open up' again, and policy shifts to curbing high inflation?

(ii) In this scenario, would fixing for a medium-long term make sense?