It’s never been easier to switch your Mortgage and save money. The Central Bank have told all the Banks that they have to make it simpler, quicker and easier to let you switch your mortgage. There are some great Fixed Rates to switch into also; an example is a 4 year fixed rate of 2.6%
In the last couple of years there have been more options for switching also :
1: Straight Switch – switch your mortgage and reduce your monthly repayment or how many years left on your mortgage or both – This will help you save thousands in interest
2: Switch your mortgage but also take the opportunity to do some works on your home. This will increase your total mortgage but you will make savings on the interest rate and maybe also reduce how many years you have left on your mortgage.
3: Switch and also clear some short term loans. If you are doing this I would always recommend taking years off your overall mortgage to make sure you are not paying more interest in the long term.
At present banks are looking for your business so they are offering incentives to move such as €3,000 to switch , €1,500 to switch or 2% of the loan amount back to switch .
To find out if you can switch and if so how much you can save and who has the best offer for you, either apply below or contact Shane or one of our mortgage team to discuss your options 071-9194194
If you want to see if you can save money apply now
Warning : Your Home is at risk if you do not keep up payments on a Mortgage or any other loans secured on it.