Cashback gimmicks that are the real deal

With a clutch of new mortgage gimmicks coming out, this week we’ll contemplate how useful the most recent one may be. Currently, the mortgage market has low levels of competition because banks have been doing a fine job of keeping their direct channel strong while regulatory and legal forces do the rest of the heavy lifting. Regulatory forces are mainly those imposed by the Central Bank of Ireland. While ‘good regulation’ is a ...