A couple of months ago I rang first active regarding property originally bought as home now rented - would I be better of re-negiotating type mortgage? - FA say it would not make much difference.
I have been paying same amount for last 3 years, it is a facility account mortgage (variable rate)
I suppose my question is (bearing in mind Im not great at financial affairs etc) how do I go about getting the best value in mortgages, should I employ the services of a broker? - get them to do the searching for me? I already have an accountant to do tax returns because I feel I don't have the ability to fill out this form myself
As Im no longer getting mortgage interest relief and the rent I am receiving is not enough to cover mortgage, plus the 200 euro investment tax, BER rating, management fees etc. I seem to be down in money each month.
Any advice would be greatly appreciated.
Thankyou in advance
McGann