Are you seeking to make savings on bills and living costs? The largest of these for most is likely to be a monthly mortgage repayment.
Perhaps you are q homeowner that is paying significantly more in interest than you could be. Our Financial Advisors are on hand to offer advice, support, and investigate the possibility of switching to a new mortgage lender with lower interest rates and the possibility of saving you thousands of euros over the term of the loan.
On a mortgage of €250,000, the difference between a low variable rate and a high variable rate could save you €83,983.20* of interest over the term of a 35-year mortgage.
Take the first step, contact our Financial Advisors and we will conduct a mortgage review for you. Our advisors will be able to tell you if there are savings to be made or if you are already on the best interest rate available to you.
If our team identifies a new mortgage lender with a lower interest rate our advisors will be able to take you through your options and explain everything you need to know in detail, they will be there for you every step of the way.
It is important to note that if you do decide to make the switch there are additional charges associated with switching. You will incur legal fees as you will need a solicitor to switch your mortgage, fees could range anywhere up to €1500 but this will depend on your chosen solicitor. You will also need to have a valuation conducted on your home costing approximately €150. Your decision to swap mortgage lenders will depend on the interest savings and the scale of fees but in our experience saving thousands of euros over the term of the loan will outweigh the once-off fees and as an added bonus some mortgage lenders offer cashback deals for switchers, such as €2,000 to cover fees and charges!!
Our advisors are on hand with expert knowledge and experience. Let us help you save money on your mortgage today.
*€83,983.20 is the difference in interest paid between a 3.15% APR* and 4.5% APR* mortgage of €250,000 over a 35 year mortgage.(*Annual Percentage Rate). Lending criteria, terms and conditions apply. The above examples are used for illustration purposes only. The rates given are correct as at 01/09/2020. Fixed rates are available upon request. Other 3rd party charges may arise in the processing of the application.
Hastings (Westport) Ltd and David Flannelly Holdings Ltd are registered as a Mortgage Intermediary authorised under the Consumer Credit Act, and as a Mortgage Credit Intermediary under the European Union (Consumer Mortgage Credit Agreements) Regulations 2016.