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

30-08-22………..

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

EON

Seaspray Financial Services Ltd trading as Seaspray Mortgages is regulated by the Central Bank of Ireland with registered number C165527

References

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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