Ask the Expert: Mortgages
Summary
Trevor Grant, chairperson of the Association of Irish Mortgage Advisers, joins Andrea Gilligan to address listener queries on Irish mortgages. Key topics include strategies for switching from variable to fixed rates, the impact of redundancy on refinancing, and optimal timing for shopping around before fixed terms expire. Grant also clarifies eligibility for older first-time buyers, explains cashback incentives, and confirms that maternity leave does not hinder mortgage approval if employment is confirmed.
Topics discussed
Intro: Trevor Grant on busy times for mortgage brokers
Listener Q: Impact of redundancy on variable mortgage
When to start shopping around for a new fixed rate
Mortgage eligibility for older single inheritors
Cashback options for first-time buyers and movers
Should you switch before interest rates rise?
Releasing equity for medical or other reasons
Switching to a green mortgage during a fixed term
Mortgage approval after maternity leave
Sign-off and show credits
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