Do you have a mortgage with Bank of Ireland? They may waiver your penalty to move mortgage

If you are a borrower on the Standard Variable Rate with the Bank of Ireland you will of experienced a considerable increase in the rate of interest you are paying. In March 2012 BOI announced that the Standard Variable Rate would increase from 1.5% to 4.49% in two stages. The second stage took place in September 2012.

Bank of Ireland have written to all borrowers affected and have also written to many borrowers who are currently in a fixed rate period offering to waiver any early repayment charge should a borrower want to move to a new lender. This applies to both Buy to Let and residential borrowers.

This may give a borrower access to a new mortgage at a better rate, or the opportunity to release funds to use to consolidate other loans or undertake improvements to the property.

If you have a mortgage with the Bank of Ireland and want more advice on reviewing your mortgage, please contact a member of the team at Harvey Bowes mortgages today on 029 2115 6918

 Think carefully before securing other debt against your home. Your home may be

repossessed if you do not keep up repayments on your mortgage

About harveybowes
Mortgage Broker and founding Director of Harvey Bowes Limited. A mortgage broking practice with bases in Cardiff & Poole, UK. We take a fresh and positive approach to mortgage broking which pays dividends for both our clients and frankly, ourselves. The team at Harvey Bowes are expert advisors in all aspects of mortgages from residential to commercial and buy to let.

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