Fixed term mortgage rate about to expire

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Bryan99

Registered User
Messages
62
My two year fixed-rate mortgage with PTSB expires this month and I am about to revert to 5.25%, from 3.75%. This means payments go up by about €300.

Is there any point in fixing again or changing my bank? I am two years into a 35 year mortgage of €275,000.
 
If your LTV is less than 50% NIB will give you .5% tracker above ECB, check around you will get better somewhere
 
You could get slightly better tracker rates for an LTV over 90% : Bank of Scotland 5.05%
EBS 5.1% . First Active 5.15% .
Not a big difference - but every little helps!
Fixing at the moment may not be the best option.
 
But would the legal fees for such a small amount make it not really worth my while? If I rang up PTSB and told them I had a better offer would they negotiate?
 
Hiya
I can give you the details of a broker who can get you the best deal in the market (excluding NIB) and covers your legal fees as well. Feel free to PM me and I will pass on the details.

C
 
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