Six hours work can save €4,000 a year on mortgage payments, experts say

General view of estate agents signs (PA)

Just six hours of work can save the average homeowner more than €12,000 over three years, a new mortgage switching index has revealed.

Homeowners are paying over €4,000 in extra mortgage repayments per year on average by not switching lenders, according to figure from online mortgage platform Doddl.ie.