making the switch to new mortgage

We have unsuccessfully tried to negotiate with BOI to get a lower rate on my mortgage. We were on a std variable 3.6% ... I know how bad is that.
They eventually offered be 3.05% but I know they have offered others 2.95% and I told them if they did I would stay with them.
UB are offering 2.85% if we have a current account with them and pay for legal fees to cross over.
do you know if there are any catches in this?
Do any banks offer a better rate (our LVT would be < 60% and < 200k)

If we close our bank account with BOI can we still keep our credit cards with them?
My husband and I have 2 current and 2 savings accounts with them which we will probably close.
It is a lot of hassle as everything comes in and out of these accounts ... wages, ssias, cc payments. Seems like a bit of hassle but could save on long run.

Anyone know how much UB charge yearly for current account?

I recently used Prima Finance to change mortgage provider.They pay all legal fees regardless of which ever bank you go with,but you will still have to pay for Outlay etc.which should only be 200-300 Euros.

check out [broken link removed].

AFAIK, they have the lowest tracker on the market for loans < 60%, but they do not use intermediaries, like Prima, etc.

Whatever you're looking for, we can help

If reducing your Home Loan is important to you, why not talk to us? At National Irish Bank we offer Home Loans tailored to your needs. So you could pay less for your Home Loan and own it a lot sooner than you think.

We'll look at your money and your circumstances and take you through all your options.

And best of all, we make it easy for you to make the switch. When you move your Home Loan to National Irish Bank, we will offer you up to €600 towards your legal fees (for Home Loans of €45,000 or more).

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according to AAM Best Buys

Lender APR Nominal Rate Cost/€'000

National Irish Bank 2.80% 2.79% €5.44

giolla said:

UB are offering 2.85% if we have a current account with them and pay for legal fees to cross over.
do you know if there are any catches in this?

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I switched to UB last year. You have to keep the mortgage there for at least 5 years or else pay them €890 to move to someone else. It's a good product though (IMO!) and the margin is very tight. You said you were borrowing under 200k-I only borrowed 97k from them so it worked out cheaper NOT to take out their current account and take the 2.95% rate! (ok only cheaper by a fiver a month but still!). Their current account is €9 per month.