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New €1,500 cashback for mortgage switchers

Mortgage

Finance Ireland have introduced a limited-offer contribution for customers who switch onto one of their long-term rates.

According to Alison Fearon from Switcheroo.ie, if you switch onto their 10-, 15-, 20- or 25-year fixed rates before the March 31, 2022, you can get €1,500 cashback within two months of drawdown.

It seems Finance Ireland aren’t the only ones to announce new cashbacks, as having only just cut their rates recently, Avant have announced a good deal for Ulster Bank and KBC customers looking to shed the uncertainty of their mortgage as they exit the Irish market.

A sum of €1,500 is available to customers who switch from one of the two banks before March 31.

Avant mortgages and Finance Ireland are only accessible through certain brokers. These fees should cover the legal fees associated with switching, and with interest rates at an all-time low, this could be the time to secure a lower rate.

To take advantage of this, source the best available mortgage offer and assess how much you could save by switching.

LSL News.

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