HALPIN WEALTH AND MORTGAGES
Many homeowners in Ireland are paying more than they need to on their mortgage simply because they have never reviewed it. We help you find out if switching could save you money.
Refinancing your mortgage in Ireland
Many homeowners in Ireland are paying more than they need to on their mortgage simply because they have never reviewed it. Switching your mortgage to a new lender, or renegotiating with your existing one, can result in significant savings over the remaining term of your loan.
Why switch
Your financial circumstances change over time, and so does the mortgage market. A lower interest rate, a more suitable mortgage product, or improved terms could reduce your monthly repayments and the total cost of your mortgage considerably. Even a small reduction in your interest rate can save thousands of euros over the life of your loan.
When does it make sense to switch
Switching is typically worth considering if your fixed rate period is coming to an end, you are currently on a variable rate, your property has increased in value (improving your loan to value ratio), or your income and financial position have strengthened since you first took out your mortgage.
What does switching involve
The process is more straightforward than many people expect. A new lender will assess your current loan balance, property value, income, and repayment history. In most cases, switching does not require you to move home or make any changes to your property.
The process
We review your current mortgage, identify the most competitive options available to you across the market, and manage the switching process from start to finish, making it as seamless as possible.
GOOD TO KNOW
Costs to Consider
There may be costs involved in switching. We will help you weigh these costs against the potential savings to ensure switching makes financial sense for you.
Break Fees
If you are exiting a fixed rate period early, your current lender may apply a break fee. We will factor this into the savings calculation.
Legal Fees
A solicitor will need to handle the legal work involved in registering the new mortgage against your property.
Valuation Fees
Your new lender will require an up to date valuation of your property before approving the switch.
Worth It Overall
In most cases these costs are far outweighed by the savings gained from switching to a better rate or product.
THE JOURNEY
Your Switch Made Simple
We guide you every step of the way, from reviewing your current mortgage to completing your switch.
We begin with a conversation to understand your current mortgage and what you are hoping to achieve by switching.
We review your current rate, balance, and terms, and identify the most competitive options across the market.
Once you are happy with the recommendation, we submit your switching application to the new lender.
Your new lender will assess your income, repayment history and affordability before issuing an offer.
Your solicitor will handle the legal work required to register the new mortgage against your property.
Your new lender will require an up to date valuation of your property to progress the switch.
We check your existing mortgage protection is still adequate and update it if needed.
Your new lender pays off your existing mortgage directly with your current lender.
Your switch is complete, and you start benefiting from your new rate straight away.
Not sure if switching is worth it?
Use our calculator below to see your potential savings, or book a free review with our team.
Book a Free ConsultationMortgage Switching Calculator
Get an instant estimate of your potential savings, speak to our team for personalised advice
Your Results
These calculations are for illustrative purposes only and do not constitute financial advice. Speak to a qualified financial advisor before making any decisions.
GOT QUESTIONS?
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Find Out More →Ready to Find Out If Switching Could Save You Money?
Book a free, no obligation consultation and we will review your current mortgage against the market.
Halpin Wealth Management Ltd. t/a Halpin Wealth and Mortgages is regulated by the Central Bank of Ireland. These pages are for information purposes only and do not constitute financial advice.