News & Events

Mortgage Update: Consumer Protection Code 2012 – Addendum

Tue Jan 8 2019

Mortgage Update

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.