11:28 AM, 14th April 2016, About 8 years ago 7
I understand that the Bank of Ireland has previously (years ago) offered to some landlords the opportunity to reduce the mortgage balance of a mortgage in order to entice them to redeem their low interest rate pre-credit crunch mortgage.
I have a BoI BTL mortgage (branded by the Post Office) which was from the pre-credit crunch days. I’m looking to sell or possibly refinance that property and I’m wondering if there is any reasonable possibility of negotiating a mortgage balance reduction?
I know the financial climate is quite different now, so I’m reaching out to see if anyone has any experience or advice on this?
Thanks in advance!
Previous ArticleEscape Planning from abroad?