Switcher Mortgages Archives - MyLifeCover

Mortgages gold rush on the cards as ‘cash-back’ deals could be banned

Admin — Mon, 22 Jan 2018 11:11:08 +0000

Christian McCashin Fears that ‘cash-back’ mortgage offers will be banned this summer is expected to cause a surge of homeowners switching their mortgage. Fianna Fáil is looking to ban the offers, which give borrowers a return of around 2% of the mortgage back in cash. This would force the banks to compete on interest … Continue reading "Mortgages gold rush on the cards as ‘cash-back’ deals could be banned"

The post Mortgages gold rush on the cards as ‘cash-back’ deals could be banned appeared first on MyLifeCover.

Activity Picks up in Mortgage Switcher Market.

Admin — Fri, 19 Jan 2018 13:27:52 +0000

Experts at MyMortgages.ie have reported a flurry of activity in the mortgage switcher market since the beginning of the year. The brokers forecast the switcher market alone will experience double digit growth in the first 6 months of the year, as an increasing number of mortgage holders learn of the option which could potentially save … Continue reading "Activity Picks up in Mortgage Switcher Market."

The post Activity Picks up in Mortgage Switcher Market. appeared first on MyLifeCover.

Gaff Loan Deal Hunt

Admin — Wed, 17 Jan 2018 12:39:54 +0000

Savings of around €300 a month have resulted in a surge in mortgage holders changing lender, experts have reported. One broker yesterday told how enquires about switching had trebled this month – and predicted the market will see double-digit growth before the end of June. Joey Sheahan. Of MyMortgages.ie, credited news coverage of cheaper deals … Continue reading "Gaff Loan Deal Hunt"

The post Gaff Loan Deal Hunt appeared first on MyLifeCover.

Cutting the monthly mortgage bill is easy — and profitable

Admin — Fri, 05 Jan 2018 18:37:06 +0000

Friday, January 05, 2018 – 06:15 am Time spent reducing your debts, bills and tax will be the most profitable time you spend this year, writes John Hearne. A credit union survey suggests it takes an average of eight-and-a-half weeks to get back to normal after the annual overspend. If you’re carrying a large credit … Continue reading "Cutting the monthly mortgage bill is easy — and profitable"

The post Cutting the monthly mortgage bill is easy — and profitable appeared first on MyLifeCover.

More than 60 first-time buyers get approved every day for €218k mortgage

Admin — Thu, 21 Dec 2017 11:56:40 +0000

Figures show first-time buyers now account for 50% of approvals as rising prices drive up average mortgage loan Tue, Nov 28, 2017, 09:13 Fiona Reddan Every day in October, some 62 first time buyers got approval for a mortgage worth an average of €218,000, new figures show, which also reveal that while the rate … Continue reading "More than 60 first-time buyers get approved every day for €218k mortgage"

The post More than 60 first-time buyers get approved every day for €218k mortgage appeared first on MyLifeCover.

A Good Time to Switch Mortgage.

Admin — Wed, 13 Dec 2017 15:32:12 +0000

John Hearne looks at why the right mortgage switch can deliver you up to €3,600 in annual savings Mortgage brokers MyMortgages.ie reveals that switching mortgage providers can save homeowners anywhere between €1,200 an €3,600 per year. Joey Sheahan is head of credit with MyMortgages.ie. He says that despite the fact that the mortgage payment … Continue reading "A Good Time to Switch Mortgage."

The post A Good Time to Switch Mortgage. appeared first on MyLifeCover.

Making Cents: Switch your mortgage to avail of great savings

Admin — Tue, 05 Dec 2017 11:03:46 +0000

Tuesday, December 05, 2017 For those of us not lucky enough to be on a tracker mortgage, there has been some good news in the last couple of month, with many of the main providers reducing either fixed or variable rates, writes Grainne McGuinness. Bonkers.ie head of communications Mark Whelan, said recently: “There is … Continue reading "Making Cents: Switch your mortgage to avail of great savings"

The post Making Cents: Switch your mortgage to avail of great savings appeared first on MyLifeCover.

Mortgage borrowers will save ‘if they switch’

Admin — Mon, 04 Dec 2017 10:32:56 +0000

By Christian McCashin Home owners can save almost a third of the value of their mortgage by simply switching to a cheaper deal. A bank mortgage price war means anyone on an average variable rate can save hundreds a month on even a relatively small home loan of €150,000. Joey Sheahan, of MyMortgages.ie said: ‘Many … Continue reading "Mortgage borrowers will save ‘if they switch’"

The post Mortgage borrowers will save ‘if they switch’ appeared first on MyLifeCover.

Mortgages: How to get around the Central Bank’s borrowing rules

Admin — Thu, 30 Nov 2017 12:03:52 +0000

Property purchasers struggling to save more than a 10% deposit should remember that there are ways to get exempted from the rule. Some 14 months on from the introduction of the oft-discussed and much-maligned mortgage lending rules, they certainly seem to be having an impact. Mortgage approvals have slumped 15 per cent in the … Continue reading "Mortgages: How to get around the Central Bank’s borrowing rules"

The post Mortgages: How to get around the Central Bank’s borrowing rules appeared first on MyLifeCover.

Switcher mortgage providers may pay off

Admin — Wed, 29 Nov 2017 15:36:24 +0000

MORTGAGE brokers MyMortgages.ie have said that despite the Central Banks recent efforts to highlight the benefits of mortgage switching to consumers, the majority holders remain unaware of the potential savings that exist and of their eligibility to switch lenders. Figures from MyMortgages.ie have revealed than on “average” mortgages throughout the country anywhere between €40,000 and … Continue reading "Switcher mortgage providers may pay off"

The post Switcher mortgage providers may pay off appeared first on MyLifeCover.