Finance expert says changing your mortgage every 3-5 years could save thousands

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'One of the biggest areas where people can save is on Mortgages'

Ensuring that you land the best mortgage for your needs can be tricky, and many people in Ireland are missing out on mega savings from not keeping their options open.

Revealing the best practice for saving a remarkable amount over the years, Mr. Nolan said: “One of the biggest areas where people can save is on mortgages. “So, it’s an easier process. Yes, you need to provide payslips and bank statements and all the other information, but it is a smoother process.” “Now if you were to move that to another provider who could offer you 2.1% interest, providing the value of your assets meets the criteria, which most properties will - and you can definitely find some offering as low as 2.1% - it reduces down the total amount repayable down to €424,000.He went on to say: “It’s all about being aware, knowing your options, and knowing where to go to get the help.”

 

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