If you’re one of the thousands of Irish homeowners considering switching your mortgage, you’re not alone – and you might be making a very smart move.
According to the Banking & Payments Federation of Ireland (BPFI), nearly 4 in 10 new mortgage approvals are from switchers – not first-time buyers. That’s a clear sign that more homeowners are shopping around, comparing rates, and looking for smarter ways to save.
But if you’re switching lenders, there’s one important detail that many people overlook:
You can (and should) switch your mortgage protection, too.
Why Do People Switch Mortgages?
Mortgage switching in Ireland is growing for good reason. You can save money by:
🔹Reducing your monthly payments
🔹Paying less interest over the term of your mortgage
🔹Reducing your term so you can pay off your mortgage faster
🔹Releasing equity in your home
Source: CitizensInformation.ie
And while you’re reviewing your mortgage, it’s the ideal time to review your mortgage protection insurance too.
Can You Switch Mortgage Protection? Yes — Even Without Switching Your Mortgage.
Many people believe their mortgage protection is tied to their mortgage – but it’s not.
✅ You can switch mortgage protection independently, any time.
✅ You don’t need to change lenders to do it.
✅ You could save hundreds per year by reviewing your cover.
This is one of the most overlooked money-saving opportunities in the Irish market.
Why BeatTheBank.ie?
At Beat The Bank, we’ve helped thousands of Irish homeowners switch to better mortgage protection – fully online, and often for much less than the banks charge.
Here’s why switchers choose us:
💻 100% online – no paperwork, no phone calls
⚡ Instant quotes from top Irish insurers
💶 Up to 40% cheaper than the banks
🌟 5-star rated on Trustpilot
🔒 Fully regulated & transparent
When Should You Switch?
You should think about switching your mortgage protection if:
🔹You’re switching mortgage lenders
🔹Your policy is more than 2–3 years old
🔹You originally bought cover from a bank
🔹You want cheaper monthly premiums
🔹You haven’t reviewed your policy in years
The Bottom Line
If you’re switching your mortgage, it’s the perfect time to switch your mortgage protection too.
Even if you’re not switching your mortgage, you could still be overpaying — and saving could be just a few clicks away.
💻 Get your instant mortgage protection quote at BeatTheBank.ie
📖 Read more helpful information on our Learn page
