Setforlife
Registered User
- Messages
- 135
We roll off a fixed rate of 2.9% with BOI in September, Will be ~355k with 15 years, <35%LTV.
BOI are offering us 4.15 variable LTV <=60 rate, or 1 or 2 year fixed at 4.15% plus a 0.3% BER discount
to make the rate 3.85%.
AIB are offering 3.55% 5 year fixed green rate, which we could switch too, with a Cashback offer that would
cover the switching fees.
These appear to be the best rates available. However I wouldn’t like to fix for 5 years at that rate with AIB in case break
fees become an issue in future. Fixing with BOI for a year even seems a little risky to me for the sake of 0.3% saving over
the variable rate.
It’s an judgement call I know, but anyone feel strongly either way?
BOI are offering us 4.15 variable LTV <=60 rate, or 1 or 2 year fixed at 4.15% plus a 0.3% BER discount
to make the rate 3.85%.
AIB are offering 3.55% 5 year fixed green rate, which we could switch too, with a Cashback offer that would
cover the switching fees.
These appear to be the best rates available. However I wouldn’t like to fix for 5 years at that rate with AIB in case break
fees become an issue in future. Fixing with BOI for a year even seems a little risky to me for the sake of 0.3% saving over
the variable rate.
It’s an judgement call I know, but anyone feel strongly either way?