In your pocket: Switching mortgage can bring major savings
Rates are falling and lenders are keen to offer better deals – it’s easier than you think.
Up to 160,000 Irish families are out of pocket every month – by as much as hundreds of euro – because they simply haven’t looked at switching their mortgage. Many don’t realise that rates are falling and that lenders are eager, and well-resourced, to entice you over to their deals.
But do the benefits outweigh the pitfalls, how do you go about it and why are so many us reluctant to do so?
Is it really worth all the hassle?
Well, you’re making an assumption that there is a lot of hassle. But we will come back to that. For now, the simple answer is yes, if you, like many, can avail of significant savings. Just last week, the Economic and Social Research Institute think-tank – which informs Government policy – reported that many Irish families could make “large gains” by moving a mortgages to one of their current lender’s competitors.
Days beforehand, the Association of Irish Mortgage Advisors (AIMA) estimated eight in 10 homeowners on a standard variable rate are “overpaying” by hundreds if not thousands of euro every year. That is up to 160,000 families paying over the odds because they haven’t looked at switching.
But aren’t we all paying over the odds in Ireland? Isn’t that just a fact of life here?
Compared to our European neighbours, you’re right. We still have second most expensive mortgage rates in the euro zone, after Greece. The overall average home loan rate in Europe is 1.37 per cent. Crudely put, that is about half the average 2.9 per cent rate here (2.8 per cent for fixed rates and 3.2 per cent for variable) .
The Banking and Payments Federation of Ireland (BPFI),which represents the mortgage lenders, says the average first-time buyer takes out a home loan of €225,000. Obviously that would be little higher in Dublin, and somewhat less outside the capital but let’s take that average as an example.
If you were borrowing that amount over 30 years – at the average mortgage rate of 2.9 per cent – you would be paying an extra €174 each month in Ireland compared to average borrower across the euro zone. That’s more than €2,000 over a year, which could be spent on healthcare, childcare, education or paying off debts, to mention but a few things.
So it is just a fact of life here then?
You will not be getting as good a deal as our friends in Germany or France anytime soon. But, as more competition creeps into the Irish market, rates have been very slowly coming down in recent years.
Banks left Ireland during the recession: for example, Halifax, and Danske Bank closed its residential operations. But with the recent arrival of non-bank lenders like Finance Ireland and more people looking to switch within the key lenders here – mainly AIB and Bank of Ireland, and to a lesser extent Ulster Bank – they are all being forced to offer better deals.
An Post is also hoping to start offering mortgages soon, and even the credit unions are getting in on the game – more than 100 credit unions countrywide are now offering home loans.
What kind of savings can I expect to make?
Let’s say you are a couple who took out a 30-year mortgage of €300,000 two years ago at 3.5 per cent. According to calculations by mortgage advisers at AIMA, you could save almost €140 every month by switching to a five year fixed rate 2.5 per cent loan. Moving on to a 2.95 per cent standard variable rate mortgage would put an extra €85 in your pocket every four weeks.
“It is true that when you switch your mortgage, the process you go through is quite similar to when you first took out a mortgage, and that puts a lot of people off”
Borrowers on a 3.9 per cent mortgage of €350,000 over 25 years could save more than €230 or €160 respectively every month by making the same switches.
“Many people got the best deal available at the time when they took out their mortgage and they understandably assume it is still the best,” said AIMA chairman Trevor Grant. “However, the reality is that it’s probably out of date by now. Others believe that if they remain loyal to their current bank, it will be reciprocated in some way – which is an absolute fallacy.”
There are rates as low as 2.5 per cent out there?
And less. The lowest rate on offer at moment is 2.25 per cent from KBC. You need to have 40 per cent equity on your home, so it might not be a runner for everyone. The same lender also has 2.3 per cent fixed rate with less onerous conditions, while Ulster Bank also offers a 2.3 per cent rate.
“If you are paying an interest rate of more than 3.5 per cent or 4 per cent on your mortgage, you could really save good money,” says Daragh Cassidy of switching website Bonkers.ie. “Your mortgage should be just like any other bill. You should be looking at switching every few years or at least looking in on it to make sure you are getting the best deal.”
Why are we so reluctant to switch our mortgages?
Switching rates generally across services in Ireland are beginning to improve. We are getting better at changing providers of utilities like gas and electricity, compared to other countries. Recent research shows about 30 per cent of us switched broadband and TV provider in the last three years. About a fifth changed their gas supplier in 2018, compared to 14 per cent who switched electricity provider.
But mortgages – like credit cards and current accounts – is an area where we need to get better at shopping around.
“There are a few reasons,” posits Cassidy. “There is perhaps a little bit of inertia, a fear that the process will be too difficult and maybe people not realising what they could actually save. Some people feel there is a lot of hassle involved.
“It is true that when you switch your mortgage, the process you go through is quite similar to when you first took out a mortgage, and that puts a lot of people off. But when you look at the figures, and what you could save – up to €200 or €300 a month – it is a case of nothing ventured, nothing gained. There is a huge amount of money to be saved.”
Switching isn’t open to everyone, however. For example, if you have changed jobs since you first got your mortgage and you are not earning as much or if you’re in negative equity or have missed repayments, it might be difficult.
“The closer you are to the end of your fixed term, the lower the charge will be – in some cases it can be negligible”
Also, it goes without saying that if you are on tracker rate of, say, the European Central Bank rate plus half a percentage points, you are not going to get a better deal, so there is no point even looking.
But if you’re at the mid to higher end of the mortgage rate range, it is well worth at least taking at look at your options. If nobody is willing to let you switch, that’s fine – it’s not the end of the world. “You’ll likely find out very quickly in the process whether or not your switch will be accepted, before you incur any legal costs,” adds Cassidy.
If I’m on fixed rate, does that bar me from switching?
Technically, if you are on a fixed rate offer currently, you are locked in to it but you can get out of it by paying a breakage fee. The banks have a very specific formula as to how they calculate that fee, and there has been a perception – well-founded – that they are prohibitively high.
“But they have come down in recent years, because interest rates are now much lower,” says Cassidy. “Obviously, the banks aren’t shouting about this but you could find the charge is only a few hundred euro, and you will make that up the savings in the medium term. If the charge is thousands of euro, it might make sense to wait until your fixed term ends.
“The closer you are to the end of your fixed term, the lower the charge will be – in some cases it can be negligible.” Your bank has to let you know what that charge will be if you ask them.
How do I go about switching then?
The first thing to do is to log into your online banking or telephone your bank and ask them what mortgage rate are you currently paying, what is the term remaining on mortgage and what is the amount owed outstanding. Armed with these three pieces of information, you can use a number of online mortgage calculators, run by lenders and comparison sites, including one by the Competition and Consumer Protection Commission at ccpc.ie.
If the savings look good, get in touch with the lender offering a deal that suits you and tell them you want to switch to them. Lots of the lenders have switching teams in place. They will send out a switching pack. You fill that in with information they want and take it from there.
You mentioned hiring a solicitor again?
Legal costs are one of the things most likely to deter people from switching mortgage providers or rates. Inevitably, these are required and it is a cost that must be taken into account when assessing the wisdom of making a move.
“Cashback offers have a role to play in Irish market, as long as people go in with eyes wide open and know what they are signing up for”
However, mortgage brokers at AIMA note that the costs should be lower than those incurred when you first took out your home loan. And they point out that all the main lenders appear to be offering some form of payment, or cashback offer, to help switchers cover the cost.
This could be a flat sum or a percentage payment of the value of the loan, potentially offering a windfall rising into several thousand euro.
But did I not read about being wary of these incentives?
You did indeed. The ESRI only last week warned borrowers could be drawn into making poor decisions under the lure of the cash offers. It carried out a study which showed many would-be switchers were “initially drawn” to high cashback offers with little or no understanding of the APR (annual percentage rate) implications.
On average, consumers opted for €2,200 cashback over a 0.4 per cent better APR – a move that would leave them worse off. But the ESRI also found that, where mortgageholders made themselves better informed, they placed much more weight on the rate.
“Cashback offers have a role to play in Irish market, as long as people go in with eyes wide open and know what they are signing up for,” says Cassidy. “Deals offering cashback are usually higher than those mortgages not offering cashback. Three of the best rates at the moment – at Finance Ireland, KBC and Ulster Bank – don’t come with cashback.
But if you are switching to a lower rate and getting cashback it should more than offset the costs.”
Anything else to consider?
It might be worth having a look at “green” mortgages, which are getting more popular. They offer reduced rates of interest if your home has a high BER energy rating – A or B, typically. AIB is offering a five-year fixed rate of 2.5 per cent on these mortgages.
Anyone who has done a deep retrofit of their house in recent years, improving their energy rating up to A and B bands, might want to consider if they can make some money back on it with cheaper mortgage repayments as well as improved fuel bills.
Things worth noting
ECB hikes could drive Irish mortgage rates to 5% by next summer
From this year, a household on a tracker mortgage of €300k could see its repayments rise by almost €450 a month. The European Central Bank […]
Mortgage delays: thousands risk being forced onto higher interest rates as banks too slow on switcher applications
Completing a move to another lender is now taking up to four months due to logjam as customers rush for alternative loans. Thousands of homeowners […]
Buyers struggle to get mortgages as rising prices limit loan offers
The surge in the cost of living is making it harder for prospective homebuyers to get approval for a mortgage. Would-be borrowers have less money […]
Consumer watchdog puts focus on hidden costs of cashback mortgages
Competition and Consumer Protection Commission addresses deals that cost first-time buyers large sums of money over the lifetime of their loans. The State’s competition watchdog […]
Financial pain for mortgage holders as ECB increases interest rates by 0.5%
The European Central Bank has raised interest rates by 0.5% to combat surging inflation, which is approximately 9% across the euro area. This is the […]
Michael Dowling: Irish banks to benefit from ECB rate hike
Irish mainstream banks will benefit more than their European counterparts by higher interest rates as net interest income accounts for 80% of Irish retail banks’ […]
Mortgage holders in rush to lock in fixed rates ahead of ECB increases
Large numbers of homeowners who are exposed to interest rate rises are rushing to lock in to good-value fixed rates, it has emerged. In a […]
Mortgage repayments could rise by €300 per month
Hundreds of thousands of mortgage holders could face a hike of up to €300 a month in their repayments as interest rates begin to rise […]
Mortgage borrowers should fix at truly long rates to beat ECB hikes
Most of us cannot hedge against rises in groceries, utilities, or fuel — but there is an opportunity to cushion ourselves against rising interest rates […]
Locking into fixed rate ahead of interest rate rises could save you tens of thousands
A first-time buyer (FTB) could save tens of thousands in the first ten years of their mortgage by locking into a fixed rate mortgage ahead […]
Mortgage rates in Ireland rise at highest amount in five years
MORTGAGE interest rates in Ireland have gone up by the largest amount in almost five years. This is despite the European Central Bank holding back […]
Fresh start – new proposals to treat divorced and separated couples as first-time buyers
Divorced people will get a second chance to be home owners after a relationship breakdown under measures designed to recognise how “Ireland has changed”. Housing […]
Why Ireland has limited fixed interest mortgage rates
This newspaper has flagged the strong likelihood of the European Central Bank (ECB) increasing interest rates by the fourth quarter of 2022 with more increases […]
Triple inflation shock as fuel and groceries surge in price — and home loans are set to follow suit
Consumers have been hit with three further cost hikes as petrol and diesel hit 30-year highs and grocery prices rose again, as well as the […]
‘Psychological shock’ for Irish mortgage holders as ECB tipped to hike rates
The potential for two interest rate increases this year will for the first time in a decade affect hundreds of thousands of Irish mortgage borrowers, […]
Hard-pressed homebuyers being charged €2,000 more than Eurozone average for mortgages
IRELAND is one of the most expensive countries in Europe for mortgages. Only Greece is dearer for new home loans in the countries that make […]
Q&A: Can I get a State-backed mortgage under the new rules?
Housing Minister Darragh O’Brien has announced a newly expanded local authority home loan scheme, increasing the eligibility of those who can apply. The new regulations […]
How to fix Ireland’s mortgage market
With mortgage completions to finish 2021 at €10.5bn and set to rise to €14bn in 2023 and €17bn in 2025, one could suggest there is […]
Parents gifting children €1bn from Bank of Mum and Dad fuelling house price rises
Parents are gifting their children an estimated €1bn a year from the ‘Bank of Mum and Dad’, dangerously fuelling house price inflation, a leading mortgage […]
Is the Bank of Mum & Dad still in line for a tax hit?
It’s a lender that’s been around for decades, giving low cost (mainly free) loans to its select customer base. Its financial firepower appears to have […]
Is it time for the Central Bank to change its rules so house hunters have a shot?
COULD A CHANGE TO RULES PUSH UP HOUSE PRICES? The Central Bank’s lending rules – which prevent first-time buyers from borrowing more than three-and-a-half times […]
Michael Dowling: Benefits of fixing your mortgage for the very long term
My advice for first-time buyers is to take out long-term fixed rates for 20 years or more. There is something of a revolution going on […]
Mark Keenan: Spare a thought this Father’s Day for the separated dads trapped in a soul-destroying housing limbo
A joke I’ve heard more than once from separated dads goes as follows: If two gay men get divorced in Ireland, who gets the house? […]
Spanish bank to shake up mortgage market here with 30-year fixed-rate loans
Spanish-owned mortgage provider Avant Money has upped the ante on its rivals by offering a range of new long-term fixed rates. The provider is the […]
The real problem is ministers don’t actually believe there is a housing crisis
If the Government can’t come up with a radical housing solution, the Coalition parties will find themselves redundant. It is telling that what lit a […]
Calls for cashback mortgages probe before State uses money to back Ulster Bank loans sale
The Government has placed its State-owned Permanent TSB as well as AIB, which owns the EBS mortgage lender, in the lead positions to buy large […]
Irish banking sinks deeper into crisis as KBC follows Ulster out the door
Commentators sound alarm bells as the ‘two big boys’ look set to control 70% of the Irish mortgage market The shock decision by KBC Bank, […]
Michael Dowling: Banks are misleading customers with costly cashback mortgage incentives
Irish mortgage interest rates have gone back to being the dearest in the eurozone and we need to focus on immediate changes that can be […]
Broker says lenders are using wage subsidy scheme to refuse mortgages
Lenders have been accused of using the State wage subsidy scheme to “blackball” mortgage applicants. It comes after it emerged that lenders are now turning […]
Calls for cashback mortgages probe before State uses money to back Ulster Bank loans sale
The Government will need to launch an investigation into “the exploitation” of first-time homebuyers lured by cashback incentives before it commits taxpayers’ money into State-owned […]
“We nearly lost dream home because bank got jitters over wage subsidy”
A leading bank was set to deny a couple a mortgage to buy their dream home, just as they were about to draw down the […]
Mortgage lenders push back against automatic payment breaks during lockdown
Mortgage lenders have pushed back against a call by a leading broker to re-introduce automatic payment breaks for people who will be unable to work […]
Demand for mortgage exemptions expected to surge this year
APPLICATIONS for mortgage exceptions are expected to surge to record levels in January as lenders respond to pent-up demand from borrowers. Exemptions to the strict […]
Controversial equity release loans for older people are back
An equity release provider is reopening in this market years after the banking crash closed off the availability of these loans. Equity release involves older […]
Experts cautious about 2021 property market
Property prices are predicted to take a minor dip in 2021 before recovering to current levels by the end of next year, according to two […]
Borrowers here paying €2,000 more a year than European counterparts
This was down 14 basis points on the same month last year. But the average across the euro area is less than half of this […]
Ulster Bank ‘self-inflicted review will mean Irish mortgages will remain costliest in Europe’
The uncertainty over the future of Ulster Bank is already helping the big two mortgage lenders, AIB and Bank of Ireland tighten further their grip […]
Home loan limbo – the growing number of buyers struggling to get their mortgages
Many housebuyers who’ve been directly or indirectly affected by the Covid crisis are experiencing issues with banks and accessing mortgages. Those who will struggle to […]
Average Irish person now ‘worth’ €166k
The impact of Covid-19 has been to make households wealthier while the State sunk €14bn deeper into debt, according to the Central Bank’s Quarterly Financial […]
Lenders told to be upfront with mortgage applicants on impact of wage supports
BANKS and other lenders have been told to be upfront with mortgage applicants whose employers are using the State wage subsidy scheme. It comes after […]
Mortgage holders leaving thousands of euro on the table by failing to switch home loan providers – CBI research
Some mortgages could save more than €1000 in the first year and more than €10,000 over the remaining term of the loan. Mortgage holders are […]
What the loss of Ulster Bank would mean for consumers
When news broke on Friday that NatWest, parent of Ulster Bank was considering the winding down of the Bank, the market was surprised. It had […]
Your money: Seven things you must know on the new mortgage playing field
Cheaper home loans will be up for grabs for house hunters and homeowners in the coming weeks and months following the entry of a new […]
Spanish giant to rattle the cages of big firms who have Irish market cornered
You would be forgiven for thinking that competition in the mortgage market had gone by the wayside, like many things during the pandemic. Banks are […]
Interest rate war brews as new bank joins market
A Spanish banking giant is to enter the Irish mortgage market in a move sure to put massive pressure on existing lenders to slash their […]
Banks block drawdowns until end of pay subsidy
Builders and brokers say hundreds of agreed home sales are being placed in jeopardy because of an unintended consequence of the State’s emergency wage subsidies. […]
Banks have yet to heal the €60bn bailout wounds of a decade ago
A decade after a €60bn taxpayer bailout of the country’s main banks, we still have a problem with trust when it comes to how they […]
Ireland faces second mortgage arrears crisis when payment breaks end this autumn, leading financial advisers warn
A leading debt adviser has warned that 30,000 households — or around half of the 62,480 currently on home loan payment breaks — will fail […]
House prices due to fall sharply in wake of pandemic
House prices are likely to fall sharply over the next year, a leading think tank has predicted. The Economic and Social Research Institute (ESRI) has […]
Central Bank boss defends banks withdrawing mortgage offers
Central Bank Governor Gabriel Makhlouf has defended banks that are withdrawing mortgage offers to people whose incomes are hit by the fall-out from the pandemic. […]
Irish Banks Again Europe’s Worst Performer as Crashes Add Up
Once again, Irish banks are at the sharp edge of a global crisis. In 2008, it was the melting away of liquidity. Just over a […]
Mortgage borrowers hit by Covid-19 jobs slump ‘facing problems securing mortgage breaks’
Mortgage borrowers previously in arrears but who are now up to date with their monthly payments have had difficulties in automatically accessing the three-month mortgage […]
Banks add Covid-19 income conditions to mortgage offers
Raft of assurances are sought over bonuses, overtime and future job security Several Irish banks and lenders are adding new conditions to mortgage loan offers, […]
Self-employed may feel chill from Covid-19 for some time
The self-employed face mortgage struggles. All business owners are weighing up the effect of the Covid-19 closures on their trade at present, with many trying […]
House valuations are being reduced by 10pc during the mortgage process due to Covid 19 according to brokers
Some bank valuations are lower than agreed sale prices due to Covid-19 “The valuations are coming in at less than what the agreed purchase prices […]
Family with €1m house would be ‘better off trading down’ as judge rejects personal insolvency deal
A High Court judge has refused to approve proposed personal insolvency arrangements for a couple aimed at allowing their family to remain in a five-bedroom […]
Home truths: Covid’s duration will determine its impact on values
Speculation about where house prices and the property market will end up in the aftermath of Covid-19 has already started, with the publication during the […]
Doubts raised over Covid-19 wage subsidy scheme after lawyers warn the initiative is unworkable
The crucial wage subsidy scheme aimed at keeping hundreds of thousands of people in jobs has been thrown into doubt after lawyers warned it was […]
Those who test positive likely to struggle to get life and mortgage protection cover
Concerns: Michael Dowling fears some people will be unable to take out life cover People who test positive for Covid-19 may struggle to get life […]
How to navigate the property market during the pandemic
These are testing times. Covid-19 has reached into every sector, including the property market, and everyone is scrambling to adapt to the challenge. For those […]
State may need to ramp up spending to €34bn
Employers’ group Ibec and trade unions have called on the Government to step up payments for workers and companies in response to the economic damage […]
No hit to credit record for those who get mortgage break off bank
A deal is being hammered out between the Central Bank and main lenders so people who avail of a Covid-19 mortgage payment break will not […]
Temporary ban on all evictions is to be introduced for duration of coronavirus crisis
The Government has confirmed that a temporary ban on evictions and rent increases will be introduced for the duration of the Coronavirus crisis. Housing Minister […]
€32m debts written off by court in three days
More than €32m in personal debt has been written off this week under insolvency arrangements approved by the High Court. The huge sum relates to […]
€2m debt write-off for publican approved
The High Court has rejected objections raised by a vulture fund to a personal insolvency arrangement (PIA) writing off €2m in debts owed by a […]
Chasm between values of new and second-hand houses
A growing chasm between the values of new and second hand homes has been highlighted by the banking sector which says loans issued to first-time […]
Dublin’s cool Northside moves ahead of stuffy Southside to hold the housing hotspots
Q Two northsiders are travelling in a car. The music is turned off and the windows are up. Who’s driving? A: The Garda. Q: How […]
AIB drops fee for mortgage customers breaking out of fixed rate
AIB is allowing some customers to break out of fixed mortgages and lock into lower ones at no cost, in a move that is likely […]
Ulster Bank fined €4.6m over data on mortgages
ULSTER Bank has been fined €4.6m by the Central Bank for failings around mortgage data it supplied to the regulator. The fine would have been […]
Pressure now on more banks to cut their rates in mortgage price war
More banks are coming under pressure to reduce their mortgage rates after market leader AIB announced a number of reductions. The focus is now on […]
Mortgage holders here still paying double Euro average
MORTGAGE rates in this country have fallen below 3pc for the first time in years. But there is scope for much deeper cuts, mortgage experts […]
Revolution in fintech keeps the bankers awake at night
Shake-up: Revolut and other fintech firms are forcing banks to increase their tech focus I was more than a little surprised at the response I […]
AIB was always going to lose battle – it’s just a pity it waited so long to concede
AIB was always on to a loser trying to defend its actions in denying 6,000 customers tracker mortgages. The bank tripped itself up and was […]
The changes still needed to tackle the banks’ bad management cultures
Regulation: Unlike the UK authority, the Central Bank of Ireland does not have competitional law enforcement powers, an issue which deserves to be reconsidered Banking […]
Paul Joyce: Mortgage arrears have been ignored but not solved
Housing, homelessness, and healthcare have justifiably dominated the election so far. But one aspect of the housing crisis, however, that has received little attention is […]
Home truths: The story of Eoghan and the home hoovers
The big view on Ireland’s property market Whenever Eoghan Murphy is asked about his unforgettable term as Minister for Housing, one of the first things […]
Typical household wealth has risen to €184,900 – but renters are losing out
The wealth of households has shot up due to rising property values. But renters have very little wealth, according to figures from the Central Statistics […]
Most people unaware about credit card interest rate they are charged
The majority of Irish credit card users are unaware of the interest rate they pay, or how it is applied. And even those who say […]
Fianna Fáil may have just pressed the pause button on the property market
The party’s new SSIA may cause a significant number of housebuyers to put their plans on hold for an unspecified period The man who is […]
Court approves debt for equity swap insolvency arrangement
Decision is first to be approved by High Court involving a debt for equity swap The High Court has approved a personal insolvency arrangement (PIA) for a […]
Record €60m debt write-off for former quarry operator gets High Court approval
A former quarry operator has had a €60m debt write-off approved by the High Court – the largest ever under personal insolvency legislation. Enda Patrick […]
State-backed mortgage scheme hikes interest rates steeply despite bank cuts
The interest rate on the Government’s Rebuilding Ireland Home Loan product has been increased massively. Rates have shot up by up to 0.75pc at a […]
Home truths: Big time housing promises without taxes are hollow
What can you get for €16bn these days? Well €16bn is the total amount estimated that Irish people will spend online this year. The Consumer […]
One in 10 mortgage arrears cases involve separated borrowers – BPFI
Banking lobby group calls for State to introduce measures to help separated borrowers. About one in 10 mortgage arrears cases involve borrowers who are separated, […]
Mortgage interest rates dip but remain more than double euro-zone average
Central Bank statistics show weighted average interest rates on new mortgages was 2.9% in November. Interest rates on mortgages taken by Irish consumers were lower […]
New buyers pay €2,000 a year more than rest of eurozone
RIP-OFF mortgage rates in this country are costing new home buyers €2,000 a year more than our European neighbours. New figures from the Central Bank […]
Pensions deliver decade-best growth of 20.6% in 2019
Zurich Life tops peers as funds recover from calamitous end to 2018. Irish pension funds delivered bumper returns in 2019, making it the best year for investment returns in […]
Another year of dysfunction ahead for Ireland’s property market
Looming general election and UK-EU trade talks add to uncertainty for developers. With the new year now a week old and a raft of predictions […]
Responsible Homeowners Betrayed
Thousands of responsible homeowners have been betrayed by the sale of their mortgages by PTSB into a bond fund which will be serviced by […]
Revealed: Ireland’s most expensive streets and their €2m plus homes
Daily growth of €15m in value of housing stock fuelled by new supply rather than increasing prices, writes Wayne O’Connor A leafy Dublin street sandwiched […]
Value of residential property in Ireland up by 5.3bn euro in last 12 months
SEVEN HUNDRED AND fifteen properties worth €1 million or more have been sold in Ireland so far this year, according to the latest Wealth Report from […]
Want to start the process?
Let us guide you through the mortgage process