We have our PPR mortgaged with BOI - 2.95% tracker and approached BOI in January this year for a loan to purchase a second investment property. They initially offered 3.4% and went down to 3.2%. I told them I had already been to Ulster Bank, who were offering 2.95% on the investment property if we moved our PPR mortgage to them and they would cover the legal fees.camrock said:I spoke with the BOI yesterday re investment mortgages. I was told they offer 3.6% on investment mortgage,and 3.3 on 60< LTV. the rate of 2.95 on tracker is only available on PPR. NIB will offer 2.8% tracker on PPR.
With BOI you have to put up 20% of a depoit and,30% if going interest only.
Did Delgirl use her PPR as investment as she says she got a 92% mortgage