‘It’s a case of if you can’t switch, tough’ – Central Bank accused of doing ‘nothing meaningful’ for mortgage holders
Central Bank governor Gabriel Makhlouf. Photo: Steve Humphreys
The Central Bank has been accused of “doing nothing meaningful” for mortgage holders by a consumer advocate following the launch of updated rules for banks and other financial firms.
Founder of Askaboutmoney.com, Brendan Burgess said the regulator could have done far more to encourage mortgage switching and should have banned practices that keep home-loan interest rates high.
Access every story
SPECIAL OFFER
premium +
from €6/month
- All the benefits of Premium
- ePaper of Irish and Sunday Independent
- ePaper of 13 local newspapers
- ePaper archive back to December 2015
- Easy-to-read swipeable format
+ ALSO INCLUDES
€100 Castlecomer Discovery Park voucher with an annual subscription
SPECIAL OFFER
premium
from €4/month
- Unlimited access
- On up to 5 devices
- Daily crosswords and puzzles
- Subscriber-only newsletters
- Annual and monthly payment options
+ ALSO INCLUDES
€100 Castlecomer Discovery Park voucher with an annual subscription
Join the Irish Independent WhatsApp channel
Stay up to date with all the latest news
