With talk of the ECB starting to increase rates in the near future, will this:
Increase the possibility of lenders doing early payment deals with customer to offload tracker mortgages from their books?
Decrease the possibility?
Have no impact on their decision?
I have a tracker mortgage of €190k at .5% above ECB with Danske/Pepper. I have the ability to pay this off earlier in small amounts, say an additional €4k/€5k per year over existing payments.
Based on what I have read here, I am holding off doing this if there is a possibility it would impede me from getting an early payment deal from the lender at some point in the future. If I thought an increase in ECB rates is making that a remoter possibility, I may start making the payments.