Making Cents: New mortgage providers shake up the market

'Recent developments clearly show that it is the smaller, newer lenders who are offering some of the best value right now'

"It is extremely positive to see non-bank lenders so committed to the mortgage market at a time when some banks have decided to exit." Picture: iStock

It is a difficult time to be a house buyer but experts say recent developments mean that the key move when looking for a mortgage is not to limit your search to the big names of Irish banking.

High lending rates have long been a concern and this worry is only exacerbated by the impending exits of Ulster Bank and KBC.