Bank of Ireland

[Northernmama123]

Ok so (like many people) I'm a bit anxious about my mortgage. I've got a ported mortgage and the smaller one has the fixed rate (1.97%) due to end in December. The other will end in March 24 and the fixed rate on that is 3.5%

I've put in a case message with my lender (BOI) and am waiting for them to call me but does anyone have any experience to share of what increase they have had on their mortgage?

I've read some real horror stories about increases of £1k+ a month so can anyone make me feel a little less anxious about it and tell that's not what to expect?
I've estimated about a 400-500 a month increase which will have a big impact on our lifestyle but not a complete disaster.
It all just feels very unfair :(

On average people’s mortgages are increasing by 200pm for every 100k outstanding.

If you use the Money Supermarket comparison thingummy, it gives you options for sticking with the same lender that should show you what would currently be available to you - of course, there's no guarantee the same deals will continue to be available, but it gives you an idea in the run up to being able to see your options on the BOI site.

Oops, forgot the link