Homeowners 'needlessly paying' on average €3,480 in extra mortgage repayments, survey finds

Irish homeowners could shave 10 years off their home repayments by switching mortgages and keeping their repayments at the same level

Irish homeowners could shave ten years off their home repayments by switching mortgages and keeping their repayments at the same level, a new report has found.

The average homeowner is "needlessly paying" an average €3,480 in extra mortgage repayments per year by not switching lenders, the doddl mortgage switching index has found.