Mortgage Update: Consumer Protection Code 2012 – Addendum
Tue Jan 8 2019
Consumer Protection Code 2012 – Addendum
In June 2018 the Central Bank of Ireland published an amendment to the Consumer Protection Code 2012 – Addendum for Enhanced Mortgage Switching Measures: Transparency and Switching. The objective of the amendment is to:
- Enhance protections and transparency for all mortgage customers
- Make them aware of savings they could make on their mortgage repayments
- Facilitate mortgage switching through enhancing the transparency of the mortgage journey
The addendum is effective from 1 January 2019.
For more information on this please contact Kimberley@brokersirelandmortgages.ie.