In its latest mortgage figures for July 2022, the Banking & Payments Federation Ireland( BPFI) reports that Irish mortgage holders continue to look to switch or re-mortgage in greater numbers with volumes switching increasing by 95% year on year.Newstalk Switcher Mortgage increase 95^1 26-08-22
To review the BPFI report in full download here.
Whether you are looking to switch lender currently, a first time buyer or moving home, should you have any concerns about the issues raised in this article, or investing in a buy-to-let property, why not chat to a Seaspray Mortgage adviser today about finding the mortgage that’s right for you:
Seaspray Financial Services Ltd trading as Seaspray Mortgages is regulated by the Central Bank of Ireland with registered number C165527
Newstalk (2022) Number of people switching mortgage jumps 95%- BPFI. Available at:: https://www.newstalk.com/news/number-of-people-switching-mortgage-jumps-by-95-bpfi-1376149 . (Accessed 29 August 2022).
Banking & Payments Federation Ireland(BPFI)(2022), Mortgage Approvals Report, Mortgages August 26th 2022 . Available at: https://bpfi.ie/publications/bpfi-mortgage-approvals-july-2022/( Accessed 30 August 2022).
Note: Banking & Payments Federation Ireland (BPFI) represents the banking, payments and fintech sector in Ireland.