“You can save €100’s each month on your loan repayments”
How? By helping to consolidate your loans into 1 loan – with 1 monthly repayment.
If you take a look at your current mortgage interest rate, you will almost certainly find that it’s higher than those currently being advertised. With today’s low interest rates Mortgage Switching can be a wise decision. In fact, 25,000 financially astute homeowners remortgaged their homes in the past 12 months, releasing the built up value of their homes and greatly reducing their monthly loan repayments.
This extra cash can be used:
- To pay off loans to reduce monthly payments.
- To help your children with a deposit for their first home.
- To improve your home.
Nowadays the Mortgage Switching process can be executed in 28 days, when before it took between 6 and 10 weeks. Here is some additional information which you may find helpful:
Do you have an existing mortgage? Are you paying too much?
Mortgage Switching is switching your mortgage over from your existing lender to another lender who can provide a lower rate together with a more flexible and suitable mortgage package for your current requirements. Remortgaging facilities are available up to 90% of the value of your home.
Can I switch over any other loans at the same time?
Provided you are up to date with your loan repayments, you may be able to switch any loan over to mortgage rates for instant savings. Criteria will vary from one bank to another as to how much can be used to repay short-term financial commitments ie. personal loans, credit cards, etc. Please discuss these options further.
Can I borrow extra when I remortgage?
You are entitled to borrow as much as your income will allow at the time you switch your mortgage. You can spend the extra money as you wish. Perhaps you are thinking of a conservatory, or a new car, etc.
How long does it take to organise?
You can make the decision to switch and have your cheque within as little as 28 days.
KBC Mortgage Switching
For those considering switching their mortgage before the 31/12/2015 KBC Bank are now offering €2000 Cashback to clients to cover any costs involved in switching their mortgage over to them. We also do not charge for arranging these Mortgage Switching products with KBC Bank.
|Warning: This new loan may take longer to pay off than your previous loan. This means you may pay more than if you paid over a shorter term.
If you require any further information on the above please contact us on 01-4069600 or email email@example.com