KBC mortgages

R

ripple

Guest
I have been offered a remortgage from a company called KCB has anyone heard anything about them.
 
Re: KCB mortgages

I'd suspect you mean KBC - this is the re-branded name of IIB Bank - they are reputable.

Regards,

BM
 
ya they are well know look up [broken link removed] .com
 
Have you an existing loan with IIB/KBC, or are you with another lender? Interesting that they should offer you to remortgage as they effectively withdrew from the market a few months ago (max LTV's of 80%).
 
Raskolnikov said:
Interesting that they should offer you to remortgage as they effectively withdrew from the market a few months ago (max LTV's of 80%).
Click to expand...

Given that a re-mortgage is taking over an existing mortgage on an existing property, 80% LTV is not really withdrawing from the market. Lots of people have mortgages on their homes at 80% LTV and far less. KBC are still very much active in the market.

80% LTV is effectively withdrawing from FTB purchase mortgages but that's not relevant here.
 
We have a KBC mortgage.

They have been VERY slow in passing on interest rate
reductions and when so NOT in full.

Last year (before the current round of reductions) they
raised rates in a move NOT linked to ECB rate increases.
 
We're also with KBC. We find their rates to be uncompetitive. I'd suggest that you shop around for a better deal.

When it comes to the end of our fixed term with them, we will certainly switch mortgage providers.
 
I have a KBC mortgage of 450k on property valued at 750k. Want to top up by circa 100k to carry out works to house and consolidate some loans.

Does anyone if KBC will faciitate this by way of top up ? What is their current LTV rate for top ups ?
 
@Ron J, could I suggest you read the Posting Guidelines and avoid double posting topics?
 
Paulk said:
We're also with KBC. We find their rates to be uncompetitive. I'd suggest that you shop around for a better deal.

When it comes to the end of our fixed term with them, we will certainly switch mortgage providers.
Click to expand...

I agree fully with this poster.
 
Agree with the below. Their rates are not good, and I would not recommend that you take out a mortgage with them.
We're also with KBC. We find their rates to be uncompetitive. I'd suggest that you shop around for a better deal.

When it comes to the end of our fixed term with them, we will certainly switch mortgage providers.
 
Ron J said:
I have a KBC mortgage of 450k on property valued at 750k. Want to top up by circa 100k to carry out works to house and consolidate some loans.

Does anyone if KBC will faciitate this by way of top up ? What is their current LTV rate for top ups ?
Click to expand...

Their top up rate is 80% LTV. How recently did you get the E750 valuation? They recently revalued our house for a top up and the extremely low valuation meant we didn't qualify for the loan we needed (despite proven ability to pay, secure jobs etc). Our new LTV would have been just over 85% but there was no budging them... I'll also be investigating my options for moving on.
 
There was a article in a sunday newspaper yesterday which said that KBC where in trouble and that the Belgium Government will need to pump more money into KBC.

General Mortgage Question:
What happens to your Existing Tracker Mortgage when a bank you took it out with folds, or changes name?

If this happening will i by forced off a Tracker Mortgage?
 
Presumably whoever takes over the bank/buys it assets will also take over any existing mortgage under the same terms and conditions.
 
Re: KCB mortgages

1. do they offer payment holidays ( in case of pay cuts etc )
2. do they offer interest only
3. what rates will you role onto after you become an existing customer
4. are you on a tracker with existing lender or will you role onto one when your fixed rate expires ?
5. did you try for a topup from your existing lender
6. factor in legal fees
 
You must log in or register to reply here.
Back
Top