We’re currently running an advert on Sky which talks about the “itch to switch”. And a lot of people are nodding their heads in agreement.
What are we talking about?
Well, as a mortgage holder you can save A LOT! of money by switching your mortgage, but the thought of dealing with the banks can make your scalp break out with an itchy feeling.
- How much paperwork is there?
- Is the process long?
- How do I get the best deal from the banks?
- Is the effort worth it?
These are the questions many of our clients tell us they have when it comes to switching their mortgage.
We’re here to answer those questions
Put more money in your pocket by switching
Firstly, the stark reality is that more than 220,000 households in Ireland are on a mortgage with an interest rate of up to 4.5%.
However, there are many mortgages on the market offering interest rates of approximately 2.2%.
Let’s say that you have a mortgage of €300,000. If you switch from a 4.5% interest rate to a 2.2% in on your mortgage, you’ll save €127 for every €100,000 you owe.
That means a saving of €4,572 every year for the duration of your mortgage term.
Imagine what you could do with that money!
Eliminate the stress when you switch with us
With all this money on the table, it’s interesting to understand why people are hesitant to take up the offer.
On the other hand, let’s be honest. Who wants to add more admin and bureaucracy to their lives? Dealing with banks can make people feel overwhelmed and intimidated.
We’re here to say there is an easier way.
Partner with us to find you the best mortgage when you want to switch and we make the stress go away. In fact, switching mortgages with us is so easy all you’ll see are the extra savings in your monthly budget.
We save you time too.
Everything we do throughout the entire mortgage switch application process is done over video or phone. This is efficient as well as compliant with managing Covid-19 guidelines in Ireland.
We ensure that you are aware of the cash incentives lenders offer as well as the savings that you can make by switching. Then, we also take a look at the affordability you have in your budget. If needs be, we can adjust your mortgage term to make sure your home is paid for before you retire. This can save you a lot over a lifetime.
Taking an overall view, we also evaluate your mortgage protection and buildings covers to ensure they’re still right for you. We’ll also check that they are offering you the best value for your money.
Switching your mortgage is always a good idea. And we make it as easy as A,B,C for you.
Contact us today to find out how we could help you.