Q – Ten years ago, my Dad who is now 68 guaranteed my mortgage – I was somewhat short of the required income level then but the bank insisted he be added to the mortgage. Even with a recent salary reduction due to COVID, I am nearly at the level where my own income now is sufficient for the mortgage while I also have savings that could reduce my mortgage to even more acceptable levels. I now want to take my Dad off the loan while my mortgage is also on a fixed interest rate with my bank. What’s the best way to proceed with this ? Patrick – Ballyfermot Dublin 10


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