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BPFI reports that mortgage holders are switching providers in ever-increasing numbers in a bid to save money.


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:

tel.+353 83 099 0442     or email     john.finnamore@seasprayfs.ie


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.


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