Mortgage Insights

Home truth: time to stop thinking about your mortgage like it’s your house

Those of us who are lucky enough to have bought a house will remember what an emotional experience it is. First, there’s the nervous excitement during the highs and lows of the bidding process; the relief when the deal is finally done; and the anticipation when you open the front door to your new home. …

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It’s a doddl – How to reduce your mortgage term by 10 years

Switching your mortgage could allow you to finish your mortgage 10 years earlier and save tens of thousands on interest repayments. Mortgage Switching is associated with reducing interest rates and as a result reducing mortgage repayments. However, a huge benefit of switching your mortgage can be to reduce the term of the mortgage.  With banks …

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No sweat: here’s the easy way to get your mortgage into shape in 2020

Hands up who’s already planning to sign up for a gym membership when January rolls around? One last splurge over Christmas and then it’s New Year, new you? Good luck, but be warned: the odds are not in your favour. You’re fighting one of the most powerful forces known to humanity: inertia. Gym memberships spike …

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Switch your mortgage now – Don’t regret paying unnecessary mortgage interest

Paul and Mary purchased their first home, taking a fixed rate on their mortgage for the first for 5 years.  At the end of the 5 years they owed just over €240,000, had 25 years left to run and rolled onto a standard variable rate with their lender.  Their repayment increased and every month they …

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Switch your mortgage now and start the New Year with real savings

January is the busiest time for mortgage enquiries, especially mortgage switching.  After a month of spending and having time to establish new goals for family life and finances, we all start the New Year making resolutions.  But why not start your financial New Year’s resolution a little earlier and take control of your mortgage repayments …

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Misconceptions about mortgage switching

Misconceptions about mortgage switching The Central Bank of Ireland carried out Mortgage Switching Research and published a report in 2017 which highlighted findings with regard to people’s perception of and experience with regard to mortgage switching. These misconceptions are common ground for customers that I speak to on a daily basis, and the break breaks …

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