Interest only moratorium coming to an end

jonocon

Registered User
Messages
87
Hi guys, new to this, does anyone know what the success rate is for negotiating an extension to interest only? I have 5 properties with Ulster Bank coming up for interest and Capital in October, 3 have been interest only for 5 years and the other 2 have been interest only for 7 years. I won't be able to afford it, should I start the ball rolling now and see what they say. i have some cash but I really want to keep it in case everything goes pear shaped. I look forward to your response. thank you.