The mortgage switch hitch: getting a better deal for your mortgage

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.

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