Remortgaging Cashback Offer
The following are a sample of what is available from the Bank if you switch or change your Mortgage from one Bank to another or chose a particular Bank for your first Mortgage.
|Permanent TSB||2% cash back after drawdown|
|AIB||€2,000 within two months of drawdown|
|Bank of Ireland||2% cash back and a further 1% after five years|
All of these remortgaging cashback offer have conditions attached and you should carefully assess each one of them. In addition, see what interest rate you are being charged on the Mortgage, as over a period of 20 to 30 years you may actually save a lot more by avoiding the larger cashback or incentives.
Notwithstanding this, there are obviously bargains and deals for Mortgage switchers and First Time Mortgage takers.
Author: John Gaynor
John Gaynor & Co.
42-46 Thomas Street