Cian Carolan

And if, you know, if you want to get full market based advice and not have to do all this research yourself, find a mortgage broker that doesn't charge you a fee because there are costs, as you say, to switching.

And that's

your solicitor fee and that can be anything.

It could be €1250 plus VAT plus outlay.

It could be a bank valuation fee of €150 to €175.

You probably won't have much change out of €2000 when switching mortgage provider.

So that's why you say when you crunch the numbers, if the numbers make sense, you kind of say to someone, look, if you're prepared to do a little bit of work at the front end, we'll take the brunt of the workload from you.

It's going to cost you two grand, but you're going to save seven grand over this next five year period.

How does that sound?

The good thing is that's something most, in most instances that can be switched with, without having to change provider.

Okay, good.

So your current lender will, what's called release the assignment of that policy.

So they release their interest in that policy and then the new lender takes over an assignment on that policy.

So in most instances, you don't need to part with your home or mortgage protection.

You might, with your home insurance provider, just be notifying them of the change of lender.

Your mortgage protection, it's one lender releases the interest and the other assumes the interest moving forward.

So that can be very simple.

Now, sometimes you'll review that with the client and you might say, hmm,

you might save something here as well, or we can get you a better level of cover.

In a lot of instances, you're saying, you know what, you've a good policy.