Switching your mortgage can benefit you in the long run

Switching your mortgage can be a hassle but is it worth it?

Yes. Switching your mortgage can save you tens of thousands, it soon may be less of a hassle as well.

The Competition & Consumer Protection Commission (CCPC) is realizing the benefits of switching and are looking of ways to take the hassle off the consumer. They currently are researching on how to make the process easier. They are taking focus groups from Dublin, Cork and Galway currently.

Of the research, the main drawbacks to people who switched were the amounts of paperwork, complicated, and too much time. Of those 35 percent estimated it took between one to two months while 24 percent said it took longer than two months. The CCPC proposed to start e-conveyancing with the Legal Services Regulatory Authority. It also proposed a start of automated switching process with the CBI and …

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How criticism is meant to sound

In Ireland we are often publicly coy about saying what we mean, in particular as a person departs or dies the tendency is to wax lyrical when during their time or tenure the opinion a person held wasn’t in line with the following statements.

In our firm we tell it like it is, we say exactly what we mean, no matter what, that is why when you look at the critiques in this article by Colm Kelpie about the departure of Central Bank Governor Patrick Honohan you see that we stick to our guns.

There is nothing fluffy in this…

Karl Deeter, Irish Mortgage Brokers: “Whatever people say about his performance as a governor, on the consumer protection side he oversaw some of the worst regulation in the modern western world, particularly the ban on repossessions, the unworkable code of conduct on mortgage arrears, and the fact that Ireland has a persistent arrears problem unlike any other developed country in the world. They show an unwillingness to deal with some of …

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