Consumer demand drives up broker business

A key trend in the Irish mortgages market over the past year has been the growth in the amount of business being channelled through mortgage brokers, as consumers hunt around for the best possible mortgage deal.

19th March, 2005

With so many mortgage products now available, consumers seem intent on getting the best advice on how to weave their way through the maze, to find the best and most suitable mortgage.

According to Conor McGirr of Lakeview Finance Services, Monaghan, “the average life span of a mortgage is now just six to seven years because people are willing to switch if they can reap benefits. And there are significant cost savings to be made...

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