Getting out of a Fixed Interest rate

  • Thread starter Propertygirl
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Propertygirl

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Hi All,
This is my first time posting and im looking for some help.
I have a mortgage with AIB and with interest rates looking likely to rise in the near future i have enquired about fixing. They have offered me a good rate up to five years but im not sure how long i should do this for. I live abroad and have my place rented. i will be returning home at some stage but not sure when. It could be in the next 5 years. What are the penalties (if any?) if i sell my property in the middle of this type of agreement or can i even sell?
Any advice would be great.
Thanks

Property Girl
 
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