USEFUL RESOURCES
PERMANENTTSB.IE/HELP-AND-SUPPORT/HELP-WITH-BANKING/PRODUCT-SUPPORT/MORTGAGE-SUPPORT/OVERPAYMENTOPTIONS/ This web page provides full details of the mortgage overpayment options offered by Permanent TSB. You can download the bank’s ‘Flexible Mortgage Repayment Options’ brochure by clicking the ‘Flexible Mortgage Options’ link on this web page. This brochure explains how to go about overpaying your mortgage, specifies the terms and conditions of doing so, and includes application forms for making overpayments. There is also information in this brochure on payment holidays, which allow you to skip mortgage repayments for a few months.
DIGITAL.ULSTERBANK.IE/PERSONAL/MORTGAGES/MORTGAGE-RATES.HTML This web page gives an overview of the various mortgage interest rates available from Ulster Bank, which cut a number of its fixed rates last month. It may be worthwhile locking into one of its fixed rates in case interest rates start to rise next year — particularly if the value of your home has gone up substantially since you first took out your mortgage and your loan is therefore a lower portion of the value of your home than it was originally. For example, if borrowing up to 60pc of the value of your home, you can get a five-year fixed rate of 2.8pc with Ulster Bank — as long as you have a current account with the bank. This is one of the cheapest fixed rates on the market.
KBC.IE/OUR-PRODUCTS/MORTGAGES/OUR-MORTGAGE-RATES Here you will find an overview of the various mortgage interest rates available from KBC. The bank’s fixed rate mortgages are also worth considering as it chopped a number of its fixed rates earlier this month. Its five-year fixed rate for example is 2.9pc for those borrowing up to 60pc of the value of their home — as long as the borrower has a current account with the bank. Although KBC cut some of its fixed rates last month, it increased its 10-year fixed rates. For example, its 10-year fixed rate for those borrowing between 80pc and 90pc of the value of their home has increased from 3.5pc to 3.75pc (assuming the borrower has a current account with the bank). Despite the increase, this rate is still worth considering, according to Michael Dowling of Dowling Financial. “We’ve never had 10-year fixed rates of lower than 4pc before,” said Dowling. Bank of Ireland also offers 10-year fixed rates of less than 4pc.
÷ PERSONALBANKING.BANKOFIRELAND. COM/BORROW/MORTGAGES/ARTICLES/ MORTGAGE-OVERPAYMENT/ This outlines the various ways you can overpay your mortgage with Bank of Ireland — and also provides a calculator where you can calculate how much you could save by making a lump sum overpayment or regular overpayments.
DIGITAL.ULSTERBANK.IE/PERSONAL/ MORTGAGES/SECURE/MORTGAGEOVERPAYMENT-TOOL.HTML This website outlines the mortgage overpayment options available with Ulster Bank — and includes a calculator where you can work out how much you could save by overpaying your mortgage.