Irish Independent: Two-thirds of borrowers lose out on €10,000 by not switching their mortgage


“The crux of the matter for mortgage holders is [that] their bank would prefer if they didn’t switch,” says Trevor Grant, chair of the Association of Irish Mortgage Advisors. “It is up to the Central Bank and other consumer advocates like mortgage brokers to get the message out there,” as new CBI research finds 3 in 5 eligible mortgages could save more than €1,000 in the first year after switching to a cheaper lender.