Switching Your Mortgage
With Irish borrowers now dealing with financial institutions raising variable rate mortgage rates independent of possible future Increases from the ECB (European Central Bank) Those not in tracker products or already in fixed rate products, who have equity in their homes are often seeking to switch their mortage to a cheaper lender.
At Frank Lenny Financial we have a number of alternatives for such borrowers, and can point out their options and make recommendations following a factfind. Sometimes these products simply exist as normal products, with no particular marketing slant and sometimes lenders offer incentives to switch to a specific solution product.
We are well placed to assist clients to monitor their mortgage rate, and try and pay as little as possible on an ongoing basis.
| WARNING: THE COST OF YOUR MONTHLY REPAYMENTS MAY INCREASE – IF YOU DO NOT KEEP UP YOUR REPAYMENTS YOU MAY LOSE YOUR HOME. |
| WARNING: DEBT CONSOLODATION: THIS NEW LOAN MAY TAKE LONGER TO PAY OFF THAN YOUR PREVIOUS LOANS. THIS MEANS YOU MAY PAY MORE THAN IF YOU PAID OVER A SHORTER PERIOD. |