The mortgage switch hitch: getting a better deal for your mortgage
It isn’t easy to switch to a better deal, even with the same lender. There are plans for change, as borrowers perceive the current switching process as complex, costly and slow
New mortgage switching proposals unveiled by the Central Bank last week are designed to drive competition in the mortgage market and encourage more consumers to switch to a better deal, either with their existing lender or another one.
The level of switching activity in the mortgage market in recent years has been dismally low, despite the significant potential savings to be made, which can run to tens of thousands of euro over the ...
