Hi All,
like many people here we are on PTSB 5.19% variable at the moment.
Our outstanding mortgage is €298K- we have recently had our house valued at €410K giving us a LTV of around 73%. I lost my job at the start of 2011- we went to PTSB and agreed a 3 month mortgage break and then subsequently agreed a 6 month interest only. I am back in employment and my job will be made permanent at the beginning of March 2012. My wife was and still is in a steady job.
My questions are:
Would the fact that (in agreeement with PTSB) we took the mortgage break & interest only for a period of time affect other banks potentially taking us on as a switcher mortgage?
Many thanks ,
Mark
like many people here we are on PTSB 5.19% variable at the moment.
Our outstanding mortgage is €298K- we have recently had our house valued at €410K giving us a LTV of around 73%. I lost my job at the start of 2011- we went to PTSB and agreed a 3 month mortgage break and then subsequently agreed a 6 month interest only. I am back in employment and my job will be made permanent at the beginning of March 2012. My wife was and still is in a steady job.
My questions are:
Would the fact that (in agreeement with PTSB) we took the mortgage break & interest only for a period of time affect other banks potentially taking us on as a switcher mortgage?
Many thanks ,
Mark