Mortgage approval both BOI & Ulster Bank-Who to go with?

Hi there.

We have received mortgage approval from both BOI and Ulster Bank, yippee!
However, now we need to decide who to go with...
Are reviewing everything at the moment. Ulster are offering an attractive 2 year fixed at 3.6% LTV is 60%. U first is also attractive at 3.85%.
Ulster's standard variable is at 4.5%.
On the other hand, BOI std variable is at 4.3%.
As it is quite a small mortgage(100k) there is not a huge difference in repayments between any of these and was hoping to base my decision more on which bank is less likely to hike up rates in the future and leave poor options(have existing mortgage with PTSB so have been badly stung in the past)

I felt that BOI were a little more thorough and tougher to get approval from-maybe this will have a bearing in the future and work to their advantage?
I suppose we will always have the option of changing banks in the future as wont be in negative equity. Also, with a small mortgage, interest rate rise obviously won't be as detrimental.

Anyway, any help you can offer with my decision would be greatly appreciated!

Thanks in advance.

Remortgaging is pretty much unheard of right now. Most banks don't want to know although this should (hopefully) change in the future.

Picking a bank for overall long term rates is going to be more difficult than picking the lotto numbers. UB may not exist in 10 years if you believe some people, and then the government off loaded 22million in shares of BOI yesterday which pushes it further bank into private control.

I would grab the 2 year fix at 3.85%. I don't generally believe that fixing is a good idea, but if it is 0.45% cheaper than the SVR. Why not.

As for the long term, with banks there is no long term. Keep your payments up and remortgaging may well be possible in 2 years.

Thanks for feedback. will take this on board.